Resorcinol and its Salts
Código 290721 (Harmonized System 2012 by 6 digits)
2023: US$2.35M, Total Trade Exchange
2023: US$3.61k, International Sales
2023: US$2.34M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Resorcinol and its Salts was US$2.35M.
In 2018, the states with the most international sales in Resorcinol and its Salts were Ciudad de México (US$8.4k).
The states with the most international purchases in 2023 were Ciudad de México (US$990k), Nuevo León (US$313k), Morelos (US$298k), and Estado de México (US$56.5k).
In 2018, the main commercial destinations of Resorcinol and its Salts were United States (US$5.74k), Italy (US$2.61k), and Brazil (US$46).
The main commercial origins of Resorcinol and its Salts in 2023 were Japan (US$1.24M), China (US$350k), United States (US$46.2k), India (US$14.9k), and Germany (US$6.27k).
In the global context, the main exporting countries of Resorcinol and its Salts in 2022 were N/A. In the same year, the main importing countries of Resorcinol and its Salts were United States (US$381M), India (US$330M), and China (US$274M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.35M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Resorcinol and its Salts in Mexico (including international purchases and sales) was US$2.35M.
The visualizations show the net balance of Resorcinol and its Salts 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 sectionExchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$8.4k, State with the Most International Sales (2018)
United States: US$5.74k, Main commercial destination (2018)
In 2018, the states with the highest international sales in Resorcinol and its Salts were Ciudad de México (US$8.4k).
In 2018, the countries with the most international purchases from Mexico were United States (US$5.74k), Italy (US$2.61k), and Brazil (US$46).
International Purchases
#permalink to sectionCiudad de México: US$990k, State with the Most International Purchases (2023)
Japan: US$1.24M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Resorcinol and its Salts were Ciudad de México (US$990k), Nuevo León (US$313k), Morelos (US$298k), and Estado de México (US$56.5k).
The countries with the most international sales to Mexico in 2023 were Japan (US$1.24M), China (US$350k), United States (US$46.2k), India (US$14.9k), and Germany (US$6.27k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Resorcinol and its Salts and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Resorcinol and its Salts. 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- 0.18%, Mexican share in global exports - 2022
- 1.44%, Mexican share in global imports - 2022
The visualizations show the global market for Resorcinol and its Salts. 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 Resorcinol and its Salts were N/A. In the same year, the main importing countries for Resorcinol and its Salts were United States (US$381M), India (US$330M), and China (US$274M).