ProceduresGovernment

Plywood, Veneered Panels and Similar Laminated Wood

Código 4412 (Harmonized System 2012 by 4 digits)

 2023: US$445M, Total Trade Exchange

2023: US$16.3M, International Sales

  2023: US$429M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Plywood, Veneered Panels and Similar Laminated Wood was US$445M.

In 2023, the states with the most international sales in Plywood, Veneered Panels and Similar Laminated Wood were Chihuahua (US$4.11M), Durango (US$3.62M), Baja California (US$2.02M), Nuevo León (US$1.1M), and Jalisco (US$1.02M).

The states with the most international purchases in 2023 were Jalisco (US$87M), Ciudad de México (US$78M), Baja California (US$64.5M), Nuevo León (US$51.7M), and Estado de México (US$22.3M).

In 2023, the main commercial destinations of Plywood, Veneered Panels and Similar Laminated Wood were United States (US$11.3M), Guatemala (US$958k), Hong Kong (US$310k), Canada (US$278k), and Costa Rica (US$177k).

The main commercial origins of Plywood, Veneered Panels and Similar Laminated Wood in 2023 were China (US$169M), Brazil (US$72M), Chile (US$56.8M), United States (US$43.7M), and Uruguay (US$27.7M).

In the global context, the main exporting countries of Plywood, Veneered Panels and Similar Laminated Wood in 2022 were China (US$5.49B), Indonesia (US$2.71B), and Russia (US$1.28B). In the same year, the main importing countries of Plywood, Veneered Panels and Similar Laminated Wood were United States (US$4.3B), Japan (US$1.7B), and Germany (US$1.17B).

Trade Balance of Mexico

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Net Trade Balance

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US$445M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Plywood, Veneered Panels and Similar Laminated Wood in Mexico (including international purchases and sales) was US$445M.

The visualizations show the net balance of Plywood, Veneered Panels and Similar Laminated Wood 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$37.3M, International Purchases
  • US$1.16M, International Sales

In July 2024, international sales of Plywood, Veneered Panels and Similar Laminated Wood were US$1.16M, while international purchases reached US$37.3M. The above results in a trade balance of -US$36.2M.

Market Concentration

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2024-Q3: US$645k, International Sales

The visualization shows the quarterly concentration of international sales of Plywood, Veneered Panels and Similar Laminated Wood at state level.

In the third quarter of 2024, international sales were US$645k, being the states with the most sales Nuevo León (US$292k), Chihuahua (US$204k), and Baja California (US$148k).

Exchange by Territory

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International Sales

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Chihuahua: US$4.11M, State with the Most International Sales (2023)

United States: US$11.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Plywood, Veneered Panels and Similar Laminated Wood were Chihuahua (US$4.11M), Durango (US$3.62M), Baja California (US$2.02M), Nuevo León (US$1.1M), and Jalisco (US$1.02M).

In 2023, the countries with the most international purchases from Mexico were United States (US$11.3M), Guatemala (US$958k), Hong Kong (US$310k), Canada (US$278k), and Costa Rica (US$177k).

International Purchases

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Jalisco: US$87M, State with the Most International Purchases (2023)

China: US$169M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Plywood, Veneered Panels and Similar Laminated Wood were Jalisco (US$87M), Ciudad de México (US$78M), Baja California (US$64.5M), Nuevo León (US$51.7M), and Estado de México (US$22.3M).

The countries with the most international sales to Mexico in 2023 were China (US$169M), Brazil (US$72M), Chile (US$56.8M), United States (US$43.7M), and Uruguay (US$27.7M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Plywood, Veneered Panels and Similar Laminated Wood  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Plywood, Veneered Panels and Similar Laminated Wood. 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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  • 0.065%, Mexican share in global exports - 2022
  • 2.43%, Mexican share in global imports - 2022

The visualizations show the global market for Plywood, Veneered Panels and Similar Laminated Wood. 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 Plywood, Veneered Panels and Similar Laminated Wood were China (US$5.49B), Indonesia (US$2.71B), and Russia (US$1.28B). In the same year, the main importing countries for Plywood, Veneered Panels and Similar Laminated Wood were United States (US$4.3B), Japan (US$1.7B), and Germany (US$1.17B).