Propionic Acid, its Salts and Esters
Código 291550 (Harmonized System 2012 by 6 digits)
2023: US$26.4M, Total Trade Exchange
2023: US$7.47M, International Sales
2023: US$18.9M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Propionic Acid, its Salts and Esters was US$26.4M.
In 2023, the states with the most international sales in Propionic Acid, its Salts and Esters were Ciudad de México (US$787k) and Estado de México (US$13k).
The states with the most international purchases in 2023 were Ciudad de México (US$13.9M), Estado de México (US$1.41M), Querétaro (US$1.05M), Jalisco (US$686k), and Nuevo León (US$624k).
In 2023, the main commercial destinations of Propionic Acid, its Salts and Esters were Nicaragua (US$254k), Guatemala (US$229k), United States (US$122k), Honduras (US$57.6k), and Dominican Republic (US$41.3k).
The main commercial origins of Propionic Acid, its Salts and Esters in 2023 were United States (US$10.6M), Colombia (US$1.69M), Netherlands (US$1.47M), France (US$1.39M), and Belgium (US$946k).
In the global context, the main exporting countries of Propionic Acid, its Salts and Esters in 2022 were United States (US$155M), China (US$85.9M), and Netherlands (US$74.3M). In the same year, the main importing countries of Propionic Acid, its Salts and Esters were Netherlands (US$62.2M), India (US$51.1M), and Brazil (US$37M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$26.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Propionic Acid, its Salts and Esters in Mexico (including international purchases and sales) was US$26.4M.
The visualizations show the net balance of Propionic Acid, its Salts and Esters 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$1.53M, International Purchases
- US$677k, International Sales
In July 2024, international sales of Propionic Acid, its Salts and Esters were US$677k, while international purchases reached US$1.53M. The above results in a trade balance of -US$852k.
Market Concentration
#permalink to section2024-Q3: US$94.3k, International Sales
The visualization shows the quarterly concentration of international sales of Propionic Acid, its Salts and Esters at state level.
In the third quarter of 2024, international sales were US$94.3k, being the states with the most sales Ciudad de México (US$94.3k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$787k, State with the Most International Sales (2023)
Nicaragua: US$254k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Propionic Acid, its Salts and Esters were Ciudad de México (US$787k) and Estado de México (US$13k).
In 2023, the countries with the most international purchases from Mexico were Nicaragua (US$254k), Guatemala (US$229k), United States (US$122k), Honduras (US$57.6k), and Dominican Republic (US$41.3k).
International Purchases
#permalink to sectionCiudad de México: US$13.9M, State with the Most International Purchases (2023)
United States: US$10.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Propionic Acid, its Salts and Esters were Ciudad de México (US$13.9M), Estado de México (US$1.41M), Querétaro (US$1.05M), Jalisco (US$686k), and Nuevo León (US$624k).
The countries with the most international sales to Mexico in 2023 were United States (US$10.6M), Colombia (US$1.69M), Netherlands (US$1.47M), France (US$1.39M), and Belgium (US$946k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Propionic Acid, its Salts and Esters and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Propionic Acid, its Salts and Esters. 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- 0.88%, Mexican share in global exports - 2022
- 4.74%, Mexican share in global imports - 2022
The visualizations show the global market for Propionic Acid, its Salts and Esters. 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 Propionic Acid, its Salts and Esters were United States (US$155M), China (US$85.9M), and Netherlands (US$74.3M). In the same year, the main importing countries for Propionic Acid, its Salts and Esters were Netherlands (US$62.2M), India (US$51.1M), and Brazil (US$37M).