Oleic Acid, Industrial
Código 382312 (Harmonized System 2012 by 6 digits)
2023: US$16.9M, Total Trade Exchange
2023: US$7.18M, International Sales
2023: US$9.72M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Oleic Acid, Industrial was US$16.9M.
In 2023, the states with the most international sales in Oleic Acid, Industrial were Jalisco (US$7.1M).
The states with the most international purchases in 2023 were Jalisco (US$3.86M), Nuevo León (US$3.15M), Ciudad de México (US$1.54M), and Estado de México (US$994k).
In 2023, the main commercial destinations of Oleic Acid, Industrial were United States (US$7.09M), Costa Rica (US$4.43k), Denmark (US$630), and Germany (US$15).
The main commercial origins of Oleic Acid, Industrial in 2023 were United States (US$4.84M), Indonesia (US$2.66M), Malaysia (US$1.08M), China (US$575k), and Argentina (US$140k).
In the global context, the main exporting countries of Oleic Acid, Industrial in 2022 were Indonesia (US$252M), Malaysia (US$214M), and Belgium (US$69.4M). In the same year, the main importing countries of Oleic Acid, Industrial were China (US$96.9M), Japan (US$90.3M), and Netherlands (US$87.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$16.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Oleic Acid, Industrial in Mexico (including international purchases and sales) was US$16.9M.
The visualizations show the net balance of Oleic Acid, Industrial 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$774k, International Purchases
In July 2024, international sales of Oleic Acid, Industrial were US$0, while international purchases reached US$774k. The above results in a trade balance of -US$774k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$7.1M, State with the Most International Sales (2023)
United States: US$7.09M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Oleic Acid, Industrial were Jalisco (US$7.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$7.09M), Costa Rica (US$4.43k), Denmark (US$630), and Germany (US$15).
International Purchases
#permalink to sectionJalisco: US$3.86M, State with the Most International Purchases (2023)
United States: US$4.84M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Oleic Acid, Industrial were Jalisco (US$3.86M), Nuevo León (US$3.15M), Ciudad de México (US$1.54M), and Estado de México (US$994k).
The countries with the most international sales to Mexico in 2023 were United States (US$4.84M), Indonesia (US$2.66M), Malaysia (US$1.08M), China (US$575k), and Argentina (US$140k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Oleic Acid, Industrial and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Oleic Acid, Industrial. 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- 0.11%, Mexican share in global exports - 2022
- 1.3%, Mexican share in global imports - 2022
The visualizations show the global market for Oleic Acid, Industrial. 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 Oleic Acid, Industrial were Indonesia (US$252M), Malaysia (US$214M), and Belgium (US$69.4M). In the same year, the main importing countries for Oleic Acid, Industrial were China (US$96.9M), Japan (US$90.3M), and Netherlands (US$87.2M).