Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined
Código 280920 (Harmonized System 2012 by 6 digits)
2023: US$418M, Total Trade Exchange
2023: US$214M, International Sales
2023: US$204M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined was US$418M.
In 2023, the states with the most international sales in Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were Veracruz de Ignacio de la Llave (US$213M), Nuevo León (US$357k), Jalisco (US$209k), and Estado de México (US$188k).
The states with the most international purchases in 2023 were Ciudad de México (US$48.2M), Jalisco (US$26.7M), Querétaro (US$19.7M), Sonora (US$11.9M), and Estado de México (US$10.4M).
In 2023, the main commercial destinations of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were United States (US$190M), Peru (US$5.52M), Brazil (US$4.65M), Colombia (US$4.54M), and Chile (US$3.68M).
The main commercial origins of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined in 2023 were United States (US$122M), China (US$10.8M), Morocco (US$6.58M), Spain (US$255k), and Switzerland (US$70.4k).
In the global context, the main exporting countries of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined in 2022 were Morocco (US$2.34B), Senegal (US$1.09B), and Jordan (US$1.06B). In the same year, the main importing countries of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were India (US$3.43B), Pakistan (US$685M), and Netherlands (US$358M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$418M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined in Mexico (including international purchases and sales) was US$418M.
The visualizations show the net balance of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined 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 sectionNovember, 2024
- US$17.8M, International Purchases
- US$8.01M, International Sales
In November 2024, international sales of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were US$8.01M, while international purchases reached US$17.8M. The above results in a trade balance of -US$9.84M.
Market Concentration
#permalink to section2024-Q4: US$7.92M, International Sales
The visualization shows the quarterly concentration of international sales of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined at state level.
In the fourth quarter of 2024, international sales were US$7.92M, being the states with the most sales Veracruz de Ignacio de la Llave (US$7.92M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$213M, State with the Most International Sales (2023)
United States: US$190M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were Veracruz de Ignacio de la Llave (US$213M), Nuevo León (US$357k), Jalisco (US$209k), and Estado de México (US$188k).
In 2023, the countries with the most international purchases from Mexico were United States (US$190M), Peru (US$5.52M), Brazil (US$4.65M), Colombia (US$4.54M), and Chile (US$3.68M).
International Purchases
#permalink to sectionCiudad de México: US$48.2M, State with the Most International Purchases (2023)
United States: US$122M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were Ciudad de México (US$48.2M), Jalisco (US$26.7M), Querétaro (US$19.7M), Sonora (US$11.9M), and Estado de México (US$10.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$122M), China (US$10.8M), Morocco (US$6.58M), Spain (US$255k), and Switzerland (US$70.4k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined. 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- 2.74%, Mexican share in global exports - 2022
- 1.39%, Mexican share in global imports - 2022
The visualizations show the global market for Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined. 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 Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were Morocco (US$2.34B), Senegal (US$1.09B), and Jordan (US$1.06B). In the same year, the main importing countries for Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were India (US$3.43B), Pakistan (US$685M), and Netherlands (US$358M).