Nitrites; Nitrates
Código 2834 (Harmonized System 2012 by 4 digits)
2023: US$36.6M, Total Trade Exchange
2023: US$4.67M, International Sales
2023: US$31.9M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Nitrites; Nitrates was US$36.6M.
In 2023, the states with the most international sales in Nitrites; Nitrates were Nuevo León (US$4.27M), Estado de México (US$224k), Querétaro (US$125k), and Ciudad de México (US$48k).
The states with the most international purchases in 2023 were Jalisco (US$8.01M), Ciudad de México (US$6.68M), Baja California (US$5.35M), Sonora (US$5.04M), and Estado de México (US$2.87M).
In 2023, the main commercial destinations of Nitrites; Nitrates were United States (US$3.66M), Peru (US$417k), Japan (US$111k), South Korea (US$92.9k), and Canada (US$91.4k).
The main commercial origins of Nitrites; Nitrates in 2023 were United States (US$8.87M), China (US$7.15M), Norway (US$4.92M), Germany (US$3.42M), and Poland (US$3.11M).
In the global context, the main exporting countries of Nitrites; Nitrates in 2022 were Chile (US$583M), China (US$270M), and Israel (US$198M). In the same year, the main importing countries of Nitrites; Nitrates were Netherlands (US$262M), Spain (US$221M), and United States (US$164M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$36.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Nitrites; Nitrates in Mexico (including international purchases and sales) was US$36.6M.
The visualizations show the net balance of Nitrites; Nitrates 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$2.95M, International Purchases
- US$287k, International Sales
In July 2024, international sales of Nitrites; Nitrates were US$287k, while international purchases reached US$2.95M. The above results in a trade balance of -US$2.66M.
Market Concentration
#permalink to section2024-Q3: US$278k, International Sales
The visualization shows the quarterly concentration of international sales of Nitrites; Nitrates at state level.
In the third quarter of 2024, international sales were US$278k, being the states with the most sales Nuevo León (US$261k) and Estado de México (US$17.4k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$4.27M, State with the Most International Sales (2023)
United States: US$3.66M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Nitrites; Nitrates were Nuevo León (US$4.27M), Estado de México (US$224k), Querétaro (US$125k), and Ciudad de México (US$48k).
In 2023, the countries with the most international purchases from Mexico were United States (US$3.66M), Peru (US$417k), Japan (US$111k), South Korea (US$92.9k), and Canada (US$91.4k).
International Purchases
#permalink to sectionJalisco: US$8.01M, State with the Most International Purchases (2023)
United States: US$8.87M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Nitrites; Nitrates were Jalisco (US$8.01M), Ciudad de México (US$6.68M), Baja California (US$5.35M), Sonora (US$5.04M), and Estado de México (US$2.87M).
The countries with the most international sales to Mexico in 2023 were United States (US$8.87M), China (US$7.15M), Norway (US$4.92M), Germany (US$3.42M), and Poland (US$3.11M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Nitrites; Nitrates and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Nitrites; Nitrates. 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- 0.29%, Mexican share in global exports - 2022
- 1.94%, Mexican share in global imports - 2022
The visualizations show the global market for Nitrites; Nitrates. 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 Nitrites; Nitrates were Chile (US$583M), China (US$270M), and Israel (US$198M). In the same year, the main importing countries for Nitrites; Nitrates were Netherlands (US$262M), Spain (US$221M), and United States (US$164M).