Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye"
Código 281512 (Harmonized System 2012 by 6 digits)
2023: US$112M, Total Trade Exchange
2023: US$7.19M, International Sales
2023: US$105M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" was US$112M.
In 2023, the states with the most international sales in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Veracruz de Ignacio de la Llave (US$7.09M) and Nuevo León (US$18.4k).
The states with the most international purchases in 2023 were Ciudad de México (US$72.6M), Estado de México (US$22M), Veracruz de Ignacio de la Llave (US$6.94M), Baja California (US$2.28M), and Sonora (US$577k).
In 2023, the main commercial destinations of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were United States (US$6.67M), Guatemala (US$351k), Belize (US$79.4k), Cuba (US$6.6k), and Colombia (US$351).
The main commercial origins of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" in 2023 were United States (US$95.4M), Netherlands (US$5.29M), Belgium (US$3.18M), Germany (US$501k), and Japan (US$186k).
In the global context, the main exporting countries of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" in 2022 were United States (US$2.18B), China (US$1.29B), and Germany (US$806M). In the same year, the main importing countries of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Australia (US$1.43B), Brazil (US$1.16B), and United States (US$511M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$112M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" in Mexico (including international purchases and sales) was US$112M.
The visualizations show the net balance of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" 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$4.25M, International Purchases
- US$29k, International Sales
In July 2024, international sales of Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were US$29k, while international purchases reached US$4.25M. The above results in a trade balance of -US$4.23M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$7.09M, State with the Most International Sales (2023)
United States: US$6.67M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Veracruz de Ignacio de la Llave (US$7.09M) and Nuevo León (US$18.4k).
In 2023, the countries with the most international purchases from Mexico were United States (US$6.67M), Guatemala (US$351k), Belize (US$79.4k), Cuba (US$6.6k), and Colombia (US$351).
International Purchases
#permalink to sectionCiudad de México: US$72.6M, State with the Most International Purchases (2023)
United States: US$95.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Ciudad de México (US$72.6M), Estado de México (US$22M), Veracruz de Ignacio de la Llave (US$6.94M), Baja California (US$2.28M), and Sonora (US$577k).
The countries with the most international sales to Mexico in 2023 were United States (US$95.4M), Netherlands (US$5.29M), Belgium (US$3.18M), Germany (US$501k), and Japan (US$186k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye". 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- 0.34%, Mexican share in global exports - 2022
- 1.81%, Mexican share in global imports - 2022
The visualizations show the global market for Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye". 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 Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were United States (US$2.18B), China (US$1.29B), and Germany (US$806M). In the same year, the main importing countries for Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Australia (US$1.43B), Brazil (US$1.16B), and United States (US$511M).