ProceduresGovernment

Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium

Código 3208 (Harmonized System 2012 by 4 digits)

 2023: US$720M, Total Trade Exchange

2023: US$129M, International Sales

  2023: US$591M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium was US$720M.

In 2023, the states with the most international sales in Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were Ciudad de México (US$53.3M), Estado de México (US$25.5M), Nuevo León (US$24.5M), Querétaro (US$13.4M), and Jalisco (US$6.31M).

The states with the most international purchases in 2023 were Nuevo León (US$122M), Ciudad de México (US$80.5M), Querétaro (US$68.2M), Estado de México (US$62.4M), and Baja California (US$59.5M).

In 2023, the main commercial destinations of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were United States (US$80.6M), Costa Rica (US$10.6M), Guatemala (US$9.8M), Peru (US$4.84M), and Argentina (US$4.18M).

The main commercial origins of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium in 2023 were United States (US$432M), Germany (US$43.9M), China (US$27M), Italy (US$15.7M), and Japan (US$12.4M).

In the global context, the main exporting countries of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium in 2022 were Germany (US$2.62B), United States (US$1.72B), and Japan (US$1.52B). In the same year, the main importing countries of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were China (US$1.23B), United States (US$858M), and Germany (US$769M).

Trade Balance of Mexico

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Net Trade Balance

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US$720M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium in Mexico (including international purchases and sales) was US$720M.

The visualizations show the net balance of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium 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$51M, International Purchases
  • US$12.7M, International Sales

In July 2024, international sales of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were US$12.7M, while international purchases reached US$51M. The above results in a trade balance of -US$38.3M.

Market Concentration

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2024-Q3: US$12.7M, International Sales

The visualization shows the quarterly concentration of international sales of Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium at state level.

In the third quarter of 2024, international sales were US$12.7M, being the states with the most sales Ciudad de México (US$5.16M), Querétaro (US$2.16M), and Nuevo León (US$2.13M).

Exchange by Territory

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International Sales

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Ciudad de México: US$53.3M, State with the Most International Sales (2023)

United States: US$80.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were Ciudad de México (US$53.3M), Estado de México (US$25.5M), Nuevo León (US$24.5M), Querétaro (US$13.4M), and Jalisco (US$6.31M).

In 2023, the countries with the most international purchases from Mexico were United States (US$80.6M), Costa Rica (US$10.6M), Guatemala (US$9.8M), Peru (US$4.84M), and Argentina (US$4.18M).

International Purchases

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Nuevo León: US$122M, State with the Most International Purchases (2023)

United States: US$432M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were Nuevo León (US$122M), Ciudad de México (US$80.5M), Querétaro (US$68.2M), Estado de México (US$62.4M), and Baja California (US$59.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$432M), Germany (US$43.9M), China (US$27M), Italy (US$15.7M), and Japan (US$12.4M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium. 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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  • 0.58%, Mexican share in global exports - 2022
  • 3.59%, Mexican share in global imports - 2022

The visualizations show the global market for Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium. 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 Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were Germany (US$2.62B), United States (US$1.72B), and Japan (US$1.52B). In the same year, the main importing countries for Paints and Varnishes Based Natural Polymers Synthetic or Modified, in a Dispersed or Dissolved Non-Aqueous Medium were China (US$1.23B), United States (US$858M), and Germany (US$769M).