ProceduresGovernment

Paraffin Oil Containing <0.75 Wt%

Código 271220 (Harmonized System 2012 by 6 digits)

 2023: US$229M, Total Trade Exchange

2023: US$589k, International Sales

  2023: US$229M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Paraffin Oil Containing <0.75 Wt% was US$229M.

In 2023, the states with the most international sales in Paraffin Oil Containing <0.75 Wt% were Nuevo León (US$328k), Ciudad de México (US$203k), and Estado de México (US$39.7k).

The states with the most international purchases in 2023 were Estado de México (US$91M), Ciudad de México (US$37.7M), Nuevo León (US$36M), Puebla (US$17.2M), and Querétaro (US$9.45M).

In 2023, the main commercial destinations of Paraffin Oil Containing <0.75 Wt% were Argentina (US$206k), Thailand (US$155k), India (US$99.3k), China (US$56.9k), and United States (US$37.6k).

The main commercial origins of Paraffin Oil Containing <0.75 Wt% in 2023 were China (US$197M), Taiwan (Republic of China) (US$7.25M), United States (US$6.82M), Japan (US$4.21M), and Malaysia (US$3.8M).

In the global context, the main exporting countries of Paraffin Oil Containing <0.75 Wt% in 2022 were China (US$1.21B), Malaysia (US$247M), and Spain (US$169M). In the same year, the main importing countries of Paraffin Oil Containing <0.75 Wt% were United States (US$380M), Mexico (US$328M), and Germany (US$269M).

Trade Balance of Mexico

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Net Trade Balance

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US$229M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Paraffin Oil Containing <0.75 Wt% in Mexico (including international purchases and sales) was US$229M.

The visualizations show the net balance of Paraffin Oil Containing <0.75 Wt% 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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November, 2024: US$28.5M, International Purchases

In November 2024, international sales of Paraffin Oil Containing <0.75 Wt% were US$0, while international purchases reached US$28.5M. The above results in a trade balance of -US$28.5M.

Exchange by Territory

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International Sales

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Year

Nuevo León: US$328k, State with the Most International Sales (2023)

Argentina: US$206k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Paraffin Oil Containing <0.75 Wt% were Nuevo León (US$328k), Ciudad de México (US$203k), and Estado de México (US$39.7k).

In 2023, the countries with the most international purchases from Mexico were Argentina (US$206k), Thailand (US$155k), India (US$99.3k), China (US$56.9k), and United States (US$37.6k).

International Purchases

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Estado de México: US$91M, State with the Most International Purchases (2023)

China: US$197M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Paraffin Oil Containing <0.75 Wt% were Estado de México (US$91M), Ciudad de México (US$37.7M), Nuevo León (US$36M), Puebla (US$17.2M), and Querétaro (US$9.45M).

The countries with the most international sales to Mexico in 2023 were China (US$197M), Taiwan (Republic of China) (US$7.25M), United States (US$6.82M), Japan (US$4.21M), and Malaysia (US$3.8M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Paraffin Oil Containing <0.75 Wt%  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Paraffin Oil Containing <0.75 Wt%. 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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  • 0.023%, Mexican share in global exports - 2022
  • 12.5%, Mexican share in global imports - 2022

The visualizations show the global market for Paraffin Oil Containing <0.75 Wt%. 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 Paraffin Oil Containing <0.75 Wt% were China (US$1.21B), Malaysia (US$247M), and Spain (US$169M). In the same year, the main importing countries for Paraffin Oil Containing <0.75 Wt% were United States (US$380M), Mexico (US$328M), and Germany (US$269M).