ProceduresGovernment

Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404)

Código 340520 (Harmonized System 2012 by 6 digits)

 2023: US$3.06M, Total Trade Exchange

2023: US$1.81M, International Sales

  2023: US$1.25M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) was US$3.06M.

In 2023, the states with the most international sales in Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were Estado de México (US$728k), Ciudad de México (US$610k), and Jalisco (US$405k).

The states with the most international purchases in 2023 were Estado de México (US$431k), Ciudad de México (US$335k), Baja California (US$98.2k), Nuevo León (US$74.6k), and Sonora (US$65.7k).

In 2023, the main commercial destinations of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were Chile (US$679k), United States (US$234k), Guatemala (US$227k), Costa Rica (US$154k), and Peru (US$113k).

The main commercial origins of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) in 2023 were United States (US$668k), Spain (US$291k), Belgium (US$94.1k), Germany (US$24.1k), and China (US$16.1k).

In the global context, the main exporting countries of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) in 2022 were Netherlands (US$36.5M), United States (US$15.6M), and Italy (US$13.8M). In the same year, the main importing countries of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were France (US$13.5M), Germany (US$12.5M), and Poland (US$10M).

Trade Balance of Mexico

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Net Trade Balance

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US$3.06M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) in Mexico (including international purchases and sales) was US$3.06M.

The visualizations show the net balance of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) 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$203k, International Purchases
  • US$97.4k, International Sales

In November 2024, international sales of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were US$97.4k, while international purchases reached US$203k. The above results in a trade balance of -US$105k.

Market Concentration

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2024-Q4: US$79k, International Sales

The visualization shows the quarterly concentration of international sales of Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) at state level.

In the fourth quarter of 2024, international sales were US$79k, being the states with the most sales Estado de México (US$66.8k) and Jalisco (US$12.2k).

Exchange by Territory

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International Sales

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Estado de México: US$728k, State with the Most International Sales (2023)

Chile: US$679k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were Estado de México (US$728k), Ciudad de México (US$610k), and Jalisco (US$405k).

In 2023, the countries with the most international purchases from Mexico were Chile (US$679k), United States (US$234k), Guatemala (US$227k), Costa Rica (US$154k), and Peru (US$113k).

International Purchases

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Estado de México: US$431k, State with the Most International Purchases (2023)

United States: US$668k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were Estado de México (US$431k), Ciudad de México (US$335k), Baja California (US$98.2k), Nuevo León (US$74.6k), and Sonora (US$65.7k).

The countries with the most international sales to Mexico in 2023 were United States (US$668k), Spain (US$291k), Belgium (US$94.1k), Germany (US$24.1k), and China (US$16.1k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404). 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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  • 1.94%, Mexican share in global exports - 2022
  • 0.81%, Mexican share in global imports - 2022

The visualizations show the global market for Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404). 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 Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were Netherlands (US$36.5M), United States (US$15.6M), and Italy (US$13.8M). In the same year, the main importing countries for Polishes and Similar Preparations. Conservation of Wooden Furniture, Floors or other Woodwork, Incl. Paper, Wadding, Felt, Nonwovens, Plastic or Cellular Rubber, Impregnated, Coated or Covered with such Preparations (Excl. Waxes Artificial and Prepared Waxes of Heading 3404) were France (US$13.5M), Germany (US$12.5M), and Poland (US$10M).