ProceduresGovernment

Other Articles of Vulcanised Rubber other than Hard Rubber

Código 4016 (Harmonized System 2012 by 4 digits)

 2023: US$2.96B, Total Trade Exchange

2023: US$1.06B, International Sales

  2023: US$1.9B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Other Articles of Vulcanised Rubber other than Hard Rubber was US$2.96B.

In 2023, the states with the most international sales in Other Articles of Vulcanised Rubber other than Hard Rubber were Durango (US$179M), Guanajuato (US$164M), Baja California (US$109M), San Luis Potosí (US$104M), and Nuevo León (US$85.1M).

The states with the most international purchases in 2023 were Ciudad de México (US$297M), Nuevo León (US$227M), Chihuahua (US$178M), Tamaulipas (US$168M), and Guanajuato (US$154M).

In 2023, the main commercial destinations of Other Articles of Vulcanised Rubber other than Hard Rubber were United States (US$974M), Nicaragua (US$13.8M), China (US$12.4M), Canada (US$12M), and Brazil (US$9.63M).

The main commercial origins of Other Articles of Vulcanised Rubber other than Hard Rubber in 2023 were United States (US$881M), China (US$304M), Germany (US$114M), Japan (US$84.5M), and South Korea (US$67.6M).

In the global context, the main exporting countries of Other Articles of Vulcanised Rubber other than Hard Rubber in 2022 were China (US$5.14B), Germany (US$4.12B), and United States (US$3.41B). In the same year, the main importing countries of Other Articles of Vulcanised Rubber other than Hard Rubber were United States (US$5.22B), Germany (US$3.43B), and China (US$1.89B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.96B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Other Articles of Vulcanised Rubber other than Hard Rubber in Mexico (including international purchases and sales) was US$2.96B.

The visualizations show the net balance of Other Articles of Vulcanised Rubber other than Hard Rubber 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

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July, 2024

  • US$173M, International Purchases
  • US$81.3M, International Sales

In July 2024, international sales of Other Articles of Vulcanised Rubber other than Hard Rubber were US$81.3M, while international purchases reached US$173M. The above results in a trade balance of -US$91.3M.

Market Concentration

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2024-Q3: US$81.3M, International Sales

The visualization shows the quarterly concentration of international sales of Other Articles of Vulcanised Rubber other than Hard Rubber at state level.

In the third quarter of 2024, international sales were US$81.3M, being the states with the most sales Guanajuato (US$11.7M), Durango (US$11.2M), and San Luis Potosí (US$9.83M).

Exchange by Territory

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International Sales

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Durango: US$179M, State with the Most International Sales (2023)

United States: US$974M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Other Articles of Vulcanised Rubber other than Hard Rubber were Durango (US$179M), Guanajuato (US$164M), Baja California (US$109M), San Luis Potosí (US$104M), and Nuevo León (US$85.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$974M), Nicaragua (US$13.8M), China (US$12.4M), Canada (US$12M), and Brazil (US$9.63M).

International Purchases

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Ciudad de México: US$297M, State with the Most International Purchases (2023)

United States: US$881M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Other Articles of Vulcanised Rubber other than Hard Rubber were Ciudad de México (US$297M), Nuevo León (US$227M), Chihuahua (US$178M), Tamaulipas (US$168M), and Guanajuato (US$154M).

The countries with the most international sales to Mexico in 2023 were United States (US$881M), China (US$304M), Germany (US$114M), Japan (US$84.5M), and South Korea (US$67.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Other Articles of Vulcanised Rubber other than Hard Rubber  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Other Articles of Vulcanised Rubber other than Hard Rubber. 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.

Origins and Trade Destinations

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  • 3.7%, Mexican share in global exports - 2022
  • 5.32%, Mexican share in global imports - 2022

The visualizations show the global market for Other Articles of Vulcanised Rubber other than Hard Rubber. 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 Other Articles of Vulcanised Rubber other than Hard Rubber were China (US$5.14B), Germany (US$4.12B), and United States (US$3.41B). In the same year, the main importing countries for Other Articles of Vulcanised Rubber other than Hard Rubber were United States (US$5.22B), Germany (US$3.43B), and China (US$1.89B).