ProceduresGovernment

Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter

Código 320611 (Harmonized System 2012 by 6 digits)

 2023: US$643M, Total Trade Exchange

2023: US$368M, International Sales

  2023: US$276M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter was US$643M.

In 2023, the states with the most international sales in Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were Ciudad de México (US$366M), Estado de México (US$726k), Guanajuato (US$514k), Nuevo León (US$128k), and Querétaro (US$97.1k).

The states with the most international purchases in 2023 were Ciudad de México (US$162M), Estado de México (US$74.5M), Querétaro (US$16.6M), Nuevo León (US$13.2M), and San Luis Potosí (US$3.89M).

In 2023, the main commercial destinations of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were Belgium (US$125M), United States (US$48.1M), China (US$37.6M), India (US$27.2M), and Brazil (US$19.2M).

The main commercial origins of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter in 2023 were United States (US$219M), China (US$39.6M), Canada (US$7.23M), Spain (US$3.33M), and Germany (US$1.54M).

In the global context, the main exporting countries of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter in 2022 were China (US$4.08B), United States (US$1.31B), and Germany (US$843M). In the same year, the main importing countries of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were India (US$1.06B), United States (US$732M), and Belgium (US$646M).

Trade Balance of Mexico

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Net Trade Balance

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US$643M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter in Mexico (including international purchases and sales) was US$643M.

The visualizations show the net balance of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter 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$16.8M, International Purchases
  • US$31M, International Sales

In November 2024, international sales of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were US$31M, while international purchases reached US$16.8M. The above results in a trade balance of US$14.2M.

Market Concentration

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2024-Q4: US$19.6M, International Sales

The visualization shows the quarterly concentration of international sales of Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter at state level.

In the fourth quarter of 2024, international sales were US$19.6M, being the states with the most sales Ciudad de México (US$19.5M) and Estado de México (US$66k).

Exchange by Territory

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International Sales

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Ciudad de México: US$366M, State with the Most International Sales (2023)

Belgium: US$125M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were Ciudad de México (US$366M), Estado de México (US$726k), Guanajuato (US$514k), Nuevo León (US$128k), and Querétaro (US$97.1k).

In 2023, the countries with the most international purchases from Mexico were Belgium (US$125M), United States (US$48.1M), China (US$37.6M), India (US$27.2M), and Brazil (US$19.2M).

International Purchases

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Ciudad de México: US$162M, State with the Most International Purchases (2023)

United States: US$219M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were Ciudad de México (US$162M), Estado de México (US$74.5M), Querétaro (US$16.6M), Nuevo León (US$13.2M), and San Luis Potosí (US$3.89M).

The countries with the most international sales to Mexico in 2023 were United States (US$219M), China (US$39.6M), Canada (US$7.23M), Spain (US$3.33M), and Germany (US$1.54M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter. 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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  • 5.31%, Mexican share in global exports - 2022
  • 3.36%, Mexican share in global imports - 2022

The visualizations show the global market for Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter. 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 Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were China (US$4.08B), United States (US$1.31B), and Germany (US$843M). In the same year, the main importing countries for Pigments and Preparations Based on Titanium Dioxide, Containing Titanium Dioxide> = 80% by Weight, Calculated on Dry Matter were India (US$1.06B), United States (US$732M), and Belgium (US$646M).