Rosin and Resin Acids
Código 380610 (Harmonized System 2012 by 6 digits)
2023: US$7.93M, Total Trade Exchange
2023: US$879k, International Sales
2023: US$7.05M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rosin and Resin Acids was US$7.93M.
In 2022, the states with the most international sales in Rosin and Resin Acids were Nuevo León (US$76.7k).
The states with the most international purchases in 2023 were Estado de México (US$2.86M), Ciudad de México (US$2.2M), Nuevo León (US$1.29M), San Luis Potosí (US$320k), and Querétaro (US$250k).
In 2022, the main commercial destinations of Rosin and Resin Acids were Portugal (US$60.9k), Hungary (US$8.8k), India (US$3.07k), United States (US$2.96k), and Honduras (US$980).
The main commercial origins of Rosin and Resin Acids in 2023 were China (US$1.79M), Brazil (US$1.38M), United States (US$1.08M), Greece (US$984k), and Indonesia (US$938k).
In the global context, the main exporting countries of Rosin and Resin Acids in 2022 were Indonesia (US$150M), Brazil (US$141M), and Vietnam (US$98.6M). In the same year, the main importing countries of Rosin and Resin Acids were China (US$111M), Portugal (US$82.9M), and India (US$78.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$7.93M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rosin and Resin Acids in Mexico (including international purchases and sales) was US$7.93M.
The visualizations show the net balance of Rosin and Resin Acids 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$922k, International Purchases
- US$10.6k, International Sales
In July 2024, international sales of Rosin and Resin Acids were US$10.6k, while international purchases reached US$922k. The above results in a trade balance of -US$912k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$76.7k, State with the Most International Sales (2022)
Portugal: US$60.9k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Rosin and Resin Acids were Nuevo León (US$76.7k).
In 2022, the countries with the most international purchases from Mexico were Portugal (US$60.9k), Hungary (US$8.8k), India (US$3.07k), United States (US$2.96k), and Honduras (US$980).
International Purchases
#permalink to sectionEstado de México: US$2.86M, State with the Most International Purchases (2023)
China: US$1.79M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rosin and Resin Acids were Estado de México (US$2.86M), Ciudad de México (US$2.2M), Nuevo León (US$1.29M), San Luis Potosí (US$320k), and Querétaro (US$250k).
The countries with the most international sales to Mexico in 2023 were China (US$1.79M), Brazil (US$1.38M), United States (US$1.08M), Greece (US$984k), and Indonesia (US$938k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rosin and Resin Acids and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rosin and Resin Acids. 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- 0.13%, Mexican share in global exports - 2022
- 0.51%, Mexican share in global imports - 2022
The visualizations show the global market for Rosin and Resin Acids. 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 Rosin and Resin Acids were Indonesia (US$150M), Brazil (US$141M), and Vietnam (US$98.6M). In the same year, the main importing countries for Rosin and Resin Acids were China (US$111M), Portugal (US$82.9M), and India (US$78.2M).