ProceduresGovernment

Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint

Código 3214 (Harmonized System 2012 by 4 digits)

 2023: US$463M, Total Trade Exchange

2023: US$109M, International Sales

  2023: US$353M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint was US$463M.

In 2023, the states with the most international sales in Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Nuevo León (US$54M), Estado de México (US$15.7M), Querétaro (US$13.8M), Ciudad de México (US$9.12M), and Jalisco (US$4.89M).

The states with the most international purchases in 2023 were Estado de México (US$85.6M), Ciudad de México (US$71.6M), Querétaro (US$36.8M), Nuevo León (US$36.6M), and Chihuahua (US$23.3M).

In 2023, the main commercial destinations of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were United States (US$70.7M), Guatemala (US$8.31M), Costa Rica (US$5.49M), Panama (US$4.34M), and El Salvador (US$3.82M).

The main commercial origins of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint in 2023 were United States (US$218M), China (US$38.4M), Germany (US$20.5M), France (US$19.6M), and Spain (US$11.2M).

In the global context, the main exporting countries of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint in 2022 were Germany (US$2.2B), United States (US$1.21B), and Belgium (US$701M). In the same year, the main importing countries of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Germany (US$758M), United States (US$609M), and France (US$476M).

Trade Balance of Mexico

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Net Trade Balance

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US$463M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint in Mexico (including international purchases and sales) was US$463M.

The visualizations show the net balance of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint 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$31.7M, International Purchases
  • US$11.3M, International Sales

In July 2024, international sales of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were US$11.3M, while international purchases reached US$31.7M. The above results in a trade balance of -US$20.4M.

Market Concentration

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2024-Q3: US$11.3M, International Sales

The visualization shows the quarterly concentration of international sales of Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint at state level.

In the third quarter of 2024, international sales were US$11.3M, being the states with the most sales Nuevo León (US$5.41M), Querétaro (US$1.69M), and Estado de México (US$1.62M).

Exchange by Territory

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International Sales

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Nuevo León: US$54M, State with the Most International Sales (2023)

United States: US$70.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Nuevo León (US$54M), Estado de México (US$15.7M), Querétaro (US$13.8M), Ciudad de México (US$9.12M), and Jalisco (US$4.89M).

In 2023, the countries with the most international purchases from Mexico were United States (US$70.7M), Guatemala (US$8.31M), Costa Rica (US$5.49M), Panama (US$4.34M), and El Salvador (US$3.82M).

International Purchases

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Estado de México: US$85.6M, State with the Most International Purchases (2023)

United States: US$218M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Estado de México (US$85.6M), Ciudad de México (US$71.6M), Querétaro (US$36.8M), Nuevo León (US$36.6M), and Chihuahua (US$23.3M).

The countries with the most international sales to Mexico in 2023 were United States (US$218M), China (US$38.4M), Germany (US$20.5M), France (US$19.6M), and Spain (US$11.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint. 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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  • 0.8%, Mexican share in global exports - 2022
  • 2.74%, Mexican share in global imports - 2022

The visualizations show the global market for Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint. 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 Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Germany (US$2.2B), United States (US$1.21B), and Belgium (US$701M). In the same year, the main importing countries for Putty, Resin Cement and other Mastics; Putties (Fillings) Used in Paint were Germany (US$758M), United States (US$609M), and France (US$476M).