Potassium Phosphate
Código 283524 (Harmonized System 2012 by 6 digits)
2023: US$62.7M, Total Trade Exchange
2023: US$20.7M, International Sales
2023: US$42M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Potassium Phosphate was US$62.7M.
In 2023, the states with the most international sales in Potassium Phosphate were Estado de México (US$59.2k) and Nuevo León (US$43.4k).
The states with the most international purchases in 2023 were Jalisco (US$22.9M), Nuevo León (US$6.37M), Ciudad de México (US$3.93M), Guanajuato (US$1.54M), and Estado de México (US$1.05M).
In 2023, the main commercial destinations of Potassium Phosphate were Germany (US$18.2k), Colombia (US$13.8k), Brazil (US$11.4k), Peru (US$10.1k), and Venezuela (US$9.59k).
The main commercial origins of Potassium Phosphate in 2023 were China (US$18.4M), Israel (US$14.7M), United States (US$1.83M), Germany (US$1.78M), and France (US$635k).
In the global context, the main exporting countries of Potassium Phosphate in 2022 were China (US$342M), Israel (US$139M), and Germany (US$55.1M). In the same year, the main importing countries of Potassium Phosphate were United States (US$92M), Mexico (US$65.1M), and India (US$48.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$62.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Potassium Phosphate in Mexico (including international purchases and sales) was US$62.7M.
The visualizations show the net balance of Potassium Phosphate 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 sectionJuly, 2024: US$2.99M, International Purchases
In July 2024, international sales of Potassium Phosphate were US$0, while international purchases reached US$2.99M. The above results in a trade balance of -US$2.99M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$59.2k, State with the Most International Sales (2023)
Germany: US$18.2k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Potassium Phosphate were Estado de México (US$59.2k) and Nuevo León (US$43.4k).
In 2023, the countries with the most international purchases from Mexico were Germany (US$18.2k), Colombia (US$13.8k), Brazil (US$11.4k), Peru (US$10.1k), and Venezuela (US$9.59k).
International Purchases
#permalink to sectionJalisco: US$22.9M, State with the Most International Purchases (2023)
China: US$18.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Potassium Phosphate were Jalisco (US$22.9M), Nuevo León (US$6.37M), Ciudad de México (US$3.93M), Guanajuato (US$1.54M), and Estado de México (US$1.05M).
The countries with the most international sales to Mexico in 2023 were China (US$18.4M), Israel (US$14.7M), United States (US$1.83M), Germany (US$1.78M), and France (US$635k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Potassium Phosphate and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Potassium Phosphate. 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- 1.92%, Mexican share in global exports - 2022
- 8.88%, Mexican share in global imports - 2022
The visualizations show the global market for Potassium Phosphate. 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 Potassium Phosphate were China (US$342M), Israel (US$139M), and Germany (US$55.1M). In the same year, the main importing countries for Potassium Phosphate were United States (US$92M), Mexico (US$65.1M), and India (US$48.7M).