Petroleum Bitumen
Código 271320 (Harmonized System 2012 by 6 digits)
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionUnited States: US$2.93M, Main Commercial Origin (2023)
The countries with the most international sales to Mexico in 2023 were United States (US$2.93M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Petroleum Bitumen and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Petroleum Bitumen. 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- 0.00011%, Mexican share in global exports - 2022
- 0.45%, Mexican share in global imports - 2022
The visualizations show the global market for Petroleum Bitumen. 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 Petroleum Bitumen were Canada (US$2.72B), Singapore (US$1.59B), and United Arab Emirates (US$1.15B). In the same year, the main importing countries for Petroleum Bitumen were United States (US$2.99B), China (US$1.47B), and India (US$1.16B).