Propane, Liquefied
Código 271112 (Harmonized System 2012 by 6 digits)
2023: US$2.26B, Total Trade Exchange
2023: US$9.89k, International Sales
2023: US$2.26B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Propane, Liquefied was US$2.26B.
The states with the most international purchases in 2023 were Ciudad de México (US$1.56B), Coahuila de Zaragoza (US$201M), Chihuahua (US$167M), Nuevo León (US$153M), and Jalisco (US$533k).
The main commercial origins of Propane, Liquefied in 2023 were United States (US$2.03B), Canada (US$51.6M), and China (US$92.3k).
In the global context, the main exporting countries of Propane, Liquefied in 2022 were United States (US$27.5B), United Arab Emirates (US$5.74B), and Qatar (US$4.63B). In the same year, the main importing countries of Propane, Liquefied were China (US$12.3B), Japan (US$7.16B), and India (US$6.88B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.26B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Propane, Liquefied in Mexico (including international purchases and sales) was US$2.26B.
The visualizations show the net balance of Propane, Liquefied 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$167M, International Purchases
In July 2024, international sales of Propane, Liquefied were US$0, while international purchases reached US$167M. The above results in a trade balance of -US$167M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$1.56B, State with the Most International Purchases (2023)
United States: US$2.03B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Propane, Liquefied were Ciudad de México (US$1.56B), Coahuila de Zaragoza (US$201M), Chihuahua (US$167M), Nuevo León (US$153M), and Jalisco (US$533k).
The countries with the most international sales to Mexico in 2023 were United States (US$2.03B), Canada (US$51.6M), and China (US$92.3k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Propane, Liquefied and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Propane, Liquefied. 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- 0.00013%, Mexican share in global exports - 2022
- 5.02%, Mexican share in global imports - 2022
The visualizations show the global market for Propane, Liquefied. 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 Propane, Liquefied were United States (US$27.5B), United Arab Emirates (US$5.74B), and Qatar (US$4.63B). In the same year, the main importing countries for Propane, Liquefied were China (US$12.3B), Japan (US$7.16B), and India (US$6.88B).