Nitrile-Function Compounds
Código 2926 (Harmonized System 2012 by 4 digits)
2023: US$194M, Total Trade Exchange
2023: US$12.6M, International Sales
2023: US$181M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Nitrile-Function Compounds was US$194M.
In 2023, the states with the most international sales in Nitrile-Function Compounds were Estado de México (US$1.37M).
The states with the most international purchases in 2023 were Ciudad de México (US$62.8M), Jalisco (US$52.1M), Tamaulipas (US$27.9M), Estado de México (US$24.5M), and Guanajuato (US$4.35M).
In 2023, the main commercial destinations of Nitrile-Function Compounds were Brazil (US$779k), Argentina (US$92.1k), Guatemala (US$81.7k), Uruguay (US$65.4k), and Paraguay (US$61.9k).
The main commercial origins of Nitrile-Function Compounds in 2023 were United States (US$105M), China (US$19.9M), Brazil (US$14.2M), South Korea (US$12.6M), and India (US$10.5M).
In the global context, the main exporting countries of Nitrile-Function Compounds in 2022 were China (US$1.86B), United States (US$923M), and Germany (US$636M). In the same year, the main importing countries of Nitrile-Function Compounds were India (US$746M), United States (US$521M), and Brazil (US$474M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$194M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Nitrile-Function Compounds in Mexico (including international purchases and sales) was US$194M.
The visualizations show the net balance of Nitrile-Function Compounds at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
Net International Trade
#permalink to sectionJuly, 2024
- US$12.2M, International Purchases
- US$1.17M, International Sales
In July 2024, international sales of Nitrile-Function Compounds were US$1.17M, while international purchases reached US$12.2M. The above results in a trade balance of -US$11M.
Market Concentration
#permalink to section2024-Q3: US$300k, International Sales
The visualization shows the quarterly concentration of international sales of Nitrile-Function Compounds at state level.
In the third quarter of 2024, international sales were US$300k, being the states with the most sales Estado de México (US$300k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$1.37M, State with the Most International Sales (2023)
Brazil: US$779k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Nitrile-Function Compounds were Estado de México (US$1.37M).
In 2023, the countries with the most international purchases from Mexico were Brazil (US$779k), Argentina (US$92.1k), Guatemala (US$81.7k), Uruguay (US$65.4k), and Paraguay (US$61.9k).
International Purchases
#permalink to sectionCiudad de México: US$62.8M, State with the Most International Purchases (2023)
United States: US$105M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Nitrile-Function Compounds were Ciudad de México (US$62.8M), Jalisco (US$52.1M), Tamaulipas (US$27.9M), Estado de México (US$24.5M), and Guanajuato (US$4.35M).
The countries with the most international sales to Mexico in 2023 were United States (US$105M), China (US$19.9M), Brazil (US$14.2M), South Korea (US$12.6M), and India (US$10.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Nitrile-Function Compounds and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Nitrile-Function Compounds. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.16%, Mexican share in global exports - 2022
- 3.16%, Mexican share in global imports - 2022
The visualizations show the global market for Nitrile-Function Compounds. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Nitrile-Function Compounds were China (US$1.86B), United States (US$923M), and Germany (US$636M). In the same year, the main importing countries for Nitrile-Function Compounds were India (US$746M), United States (US$521M), and Brazil (US$474M).