ProceduresGovernment

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

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Net Trade Balance

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US$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

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July, 2024

  • US$21.6M, International Purchases
  • US$12.4M, International Sales

In July 2024, international sales of Phosphoric Acid; Polyphosphoric Acids, Incl. of not Chemically Defined were US$12.4M, while international purchases reached US$21.6M. The above results in a trade balance of -US$9.24M.

Exchange by Territory

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International Sales

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Veracruz 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

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Ciudad 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

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Specialization by State

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The 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.

Origins and Trade Destinations

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  • 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).