ProceduresGovernment

Propylene Glycol "Propane-1,2-Diol"

Código 290532 (Harmonized System 2012 by 6 digits)

 2023: US$54.1M, Total Trade Exchange

2023: US$1.09M, International Sales

  2023: US$53.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Propylene Glycol "Propane-1,2-Diol" was US$54.1M.

In 2023, the states with the most international sales in Propylene Glycol "Propane-1,2-Diol" were Baja California (US$303k), Ciudad de México (US$298k), Jalisco (US$158k), and Estado de México (US$67.8k).

The states with the most international purchases in 2023 were Estado de México (US$29.3M), Ciudad de México (US$18.1M), Nuevo León (US$3.29M), Jalisco (US$1.23M), and Baja California (US$683k).

In 2023, the main commercial destinations of Propylene Glycol "Propane-1,2-Diol" were United States (US$743k), Guatemala (US$67.8k), Peru (US$9.74k), El Salvador (US$6.47k), and Panama (US$124).

The main commercial origins of Propylene Glycol "Propane-1,2-Diol" in 2023 were United States (US$48.7M), China (US$3.25M), South Korea (US$605k), Germany (US$302k), and Belgium (US$115k).

In the global context, the main exporting countries of Propylene Glycol "Propane-1,2-Diol" in 2022 were Germany (US$525M), China (US$401M), and South Korea (US$271M). In the same year, the main importing countries of Propylene Glycol "Propane-1,2-Diol" were France (US$173M), Belgium (US$163M), and Italy (US$147M).

Trade Balance of Mexico

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Net Trade Balance

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US$54.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Propylene Glycol "Propane-1,2-Diol" in Mexico (including international purchases and sales) was US$54.1M.

The visualizations show the net balance of Propylene Glycol "Propane-1,2-Diol" 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$4.58M, International Purchases
  • US$11.8k, International Sales

In July 2024, international sales of Propylene Glycol "Propane-1,2-Diol" were US$11.8k, while international purchases reached US$4.58M. The above results in a trade balance of -US$4.56M.

Exchange by Territory

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International Sales

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Baja California: US$303k, State with the Most International Sales (2023)

United States: US$743k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Propylene Glycol "Propane-1,2-Diol" were Baja California (US$303k), Ciudad de México (US$298k), Jalisco (US$158k), and Estado de México (US$67.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$743k), Guatemala (US$67.8k), Peru (US$9.74k), El Salvador (US$6.47k), and Panama (US$124).

International Purchases

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Estado de México: US$29.3M, State with the Most International Purchases (2023)

United States: US$48.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Propylene Glycol "Propane-1,2-Diol" were Estado de México (US$29.3M), Ciudad de México (US$18.1M), Nuevo León (US$3.29M), Jalisco (US$1.23M), and Baja California (US$683k).

The countries with the most international sales to Mexico in 2023 were United States (US$48.7M), China (US$3.25M), South Korea (US$605k), Germany (US$302k), and Belgium (US$115k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Propylene Glycol "Propane-1,2-Diol"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Propylene Glycol "Propane-1,2-Diol". 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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  • 0.2%, Mexican share in global exports - 2022
  • 2.49%, Mexican share in global imports - 2022

The visualizations show the global market for Propylene Glycol "Propane-1,2-Diol". 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 Propylene Glycol "Propane-1,2-Diol" were Germany (US$525M), China (US$401M), and South Korea (US$271M). In the same year, the main importing countries for Propylene Glycol "Propane-1,2-Diol" were France (US$173M), Belgium (US$163M), and Italy (US$147M).