Stearic Acid, Industrial
Código 382311 (Harmonized System 2012 by 6 digits)
2023: US$55M, Total Trade Exchange
2023: US$339k, International Sales
2023: US$54.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Stearic Acid, Industrial was US$55M.
In 2022, the states with the most international sales in Stearic Acid, Industrial were Guanajuato (US$131k), Ciudad de México (US$42k), and Estado de México (US$19.9k).
The states with the most international purchases in 2023 were Nuevo León (US$20.4M), Ciudad de México (US$10.7M), Jalisco (US$8.9M), Estado de México (US$6.09M), and Tamaulipas (US$3.46M).
In 2022, the main commercial destinations of Stearic Acid, Industrial were United States (US$132k), Costa Rica (US$32.4k), El Salvador (US$16.7k), Guatemala (US$9k), and Argentina (US$1.58k).
The main commercial origins of Stearic Acid, Industrial in 2023 were Indonesia (US$18.7M), United States (US$14.6M), Malaysia (US$6.13M), Argentina (US$6.07M), and China (US$5.22M).
In the global context, the main exporting countries of Stearic Acid, Industrial in 2022 were Indonesia (US$994M), Malaysia (US$514M), and Netherlands (US$95.2M). In the same year, the main importing countries of Stearic Acid, Industrial were China (US$481M), Netherlands (US$144M), and Turkey (US$119M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$55M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Stearic Acid, Industrial in Mexico (including international purchases and sales) was US$55M.
The visualizations show the net balance of Stearic Acid, Industrial 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$8.48M, International Purchases
- US$30k, International Sales
In July 2024, international sales of Stearic Acid, Industrial were US$30k, while international purchases reached US$8.48M. The above results in a trade balance of -US$8.45M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$131k, State with the Most International Sales (2022)
United States: US$132k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Stearic Acid, Industrial were Guanajuato (US$131k), Ciudad de México (US$42k), and Estado de México (US$19.9k).
In 2022, the countries with the most international purchases from Mexico were United States (US$132k), Costa Rica (US$32.4k), El Salvador (US$16.7k), Guatemala (US$9k), and Argentina (US$1.58k).
International Purchases
#permalink to sectionNuevo León: US$20.4M, State with the Most International Purchases (2023)
Indonesia: US$18.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Stearic Acid, Industrial were Nuevo León (US$20.4M), Ciudad de México (US$10.7M), Jalisco (US$8.9M), Estado de México (US$6.09M), and Tamaulipas (US$3.46M).
The countries with the most international sales to Mexico in 2023 were Indonesia (US$18.7M), United States (US$14.6M), Malaysia (US$6.13M), Argentina (US$6.07M), and China (US$5.22M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Stearic Acid, Industrial and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Stearic Acid, Industrial. 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- 0.019%, Mexican share in global exports - 2022
- 3.16%, Mexican share in global imports - 2022
The visualizations show the global market for Stearic Acid, Industrial. 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 Stearic Acid, Industrial were Indonesia (US$994M), Malaysia (US$514M), and Netherlands (US$95.2M). In the same year, the main importing countries for Stearic Acid, Industrial were China (US$481M), Netherlands (US$144M), and Turkey (US$119M).