Petroleum Gases and other Gaseous Hydrocarbons
Código 271121 (Harmonized System 2012 by 6 digits)
2022: US$14.9M, International Sales
2023: US$6.61B, International Purchases
In 2022, the states with the most international sales in Petroleum Gases and other Gaseous Hydrocarbons were Ciudad de México (US$14.9M).
The states with the most international purchases in 2023 were Ciudad de México (US$5.93B) and Nuevo León (US$508M).
In 2022, the main commercial destinations of Petroleum Gases and other Gaseous Hydrocarbons were United States (US$14.9M).
The main commercial origins of Petroleum Gases and other Gaseous Hydrocarbons in 2023 were United States (US$6.44B).
In the global context, the main exporting countries of Petroleum Gases and other Gaseous Hydrocarbons in 2022 were Norway (US$143B), Russia (US$41.7B), and Belgium (US$37.1B). In the same year, the main importing countries of Petroleum Gases and other Gaseous Hydrocarbons were Germany (US$95B), Italy (US$55.8B), and Belgium (US$41.3B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Petroleum Gases and other Gaseous Hydrocarbons 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$372M, International Purchases
In July 2024, international sales of Petroleum Gases and other Gaseous Hydrocarbons were US$0, while international purchases reached US$372M. The above results in a trade balance of -US$372M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$14.9M, State with the Most International Sales (2022)
United States: US$14.9M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Petroleum Gases and other Gaseous Hydrocarbons were Ciudad de México (US$14.9M).
In 2022, the countries with the most international purchases from Mexico were United States (US$14.9M).
International Purchases
#permalink to sectionCiudad de México: US$5.93B, State with the Most International Purchases (2023)
United States: US$6.44B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Petroleum Gases and other Gaseous Hydrocarbons were Ciudad de México (US$5.93B) and Nuevo León (US$508M).
The countries with the most international sales to Mexico in 2023 were United States (US$6.44B).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Petroleum Gases and other Gaseous Hydrocarbons and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Petroleum Gases and other Gaseous Hydrocarbons. 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- 0.0051%, Mexican share in global exports - 2022
- 3.23%, Mexican share in global imports - 2022
The visualizations show the global market for Petroleum Gases and other Gaseous Hydrocarbons. 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 Gases and other Gaseous Hydrocarbons were Norway (US$143B), Russia (US$41.7B), and Belgium (US$37.1B). In the same year, the main importing countries for Petroleum Gases and other Gaseous Hydrocarbons were Germany (US$95B), Italy (US$55.8B), and Belgium (US$41.3B).