ProceduresGovernment

Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium

Código 2815 (Harmonized System 2012 by 4 digits)

 2023: US$167M, Total Trade Exchange

2023: US$23.8M, International Sales

  2023: US$144M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium was US$167M.

In 2023, the states with the most international sales in Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were Veracruz de Ignacio de la Llave (US$13.5M), Nuevo León (US$7.13M), Estado de México (US$3.06M), Guanajuato (US$21.9k), and Ciudad de México (US$21.2k).

The states with the most international purchases in 2023 were Ciudad de México (US$79.9M), Estado de México (US$27.1M), Veracruz de Ignacio de la Llave (US$17.5M), Nuevo León (US$12.9M), and Baja California (US$2.98M).

In 2023, the main commercial destinations of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were United States (US$18.7M), Guatemala (US$2.32M), El Salvador (US$1.28M), Costa Rica (US$784k), and Belize (US$429k).

The main commercial origins of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium in 2023 were United States (US$122M), Netherlands (US$5.29M), South Korea (US$3.9M), Belgium (US$3.18M), and Brazil (US$2.68M).

In the global context, the main exporting countries of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium in 2022 were United States (US$2.38B), China (US$1.84B), and Germany (US$913M). In the same year, the main importing countries of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were Australia (US$1.45B), Brazil (US$1.27B), and United States (US$592M).

Trade Balance of Mexico

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Net Trade Balance

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US$167M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium in Mexico (including international purchases and sales) was US$167M.

The visualizations show the net balance of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium 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$6.44M, International Purchases
  • US$1.14M, International Sales

In July 2024, international sales of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were US$1.14M, while international purchases reached US$6.44M. The above results in a trade balance of -US$5.3M.

Market Concentration

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2024-Q3: US$450k, International Sales

The visualization shows the quarterly concentration of international sales of Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium at state level.

In the third quarter of 2024, international sales were US$450k, being the states with the most sales Nuevo León (US$450k).

Exchange by Territory

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International Sales

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Veracruz de Ignacio de la Llave: US$13.5M, State with the Most International Sales (2023)

United States: US$18.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were Veracruz de Ignacio de la Llave (US$13.5M), Nuevo León (US$7.13M), Estado de México (US$3.06M), Guanajuato (US$21.9k), and Ciudad de México (US$21.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$18.7M), Guatemala (US$2.32M), El Salvador (US$1.28M), Costa Rica (US$784k), and Belize (US$429k).

International Purchases

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Ciudad de México: US$79.9M, State with the Most International Purchases (2023)

United States: US$122M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were Ciudad de México (US$79.9M), Estado de México (US$27.1M), Veracruz de Ignacio de la Llave (US$17.5M), Nuevo León (US$12.9M), and Baja California (US$2.98M).

The countries with the most international sales to Mexico in 2023 were United States (US$122M), Netherlands (US$5.29M), South Korea (US$3.9M), Belgium (US$3.18M), and Brazil (US$2.68M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium  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); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium. 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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  • 0.36%, Mexican share in global exports - 2022
  • 1.7%, Mexican share in global imports - 2022

The visualizations show the global market for Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium. 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); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were United States (US$2.38B), China (US$1.84B), and Germany (US$913M). In the same year, the main importing countries for Sodium Hydroxide (Caustic Soda Or); Potassium Hydroxide (Caustic Potash); Peroxides Sodium or Potassium were Australia (US$1.45B), Brazil (US$1.27B), and United States (US$592M).