Synthetic Organic Tanning Substances
Código 320210 (Harmonized System 2012 by 6 digits)
2023: US$12.3M, Total Trade Exchange
2023: US$1.17M, International Sales
2023: US$11.1M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Synthetic Organic Tanning Substances was US$12.3M.
In 2023, the states with the most international sales in Synthetic Organic Tanning Substances were Guanajuato (US$919k).
The states with the most international purchases in 2023 were Guanajuato (US$7.55M).
In 2023, the main commercial destinations of Synthetic Organic Tanning Substances were United States (US$689k), El Salvador (US$96.5k), Guatemala (US$62.5k), Costa Rica (US$31k), and Germany (US$26.9k).
The main commercial origins of Synthetic Organic Tanning Substances in 2023 were Netherlands (US$2.07M), Italy (US$1.37M), China (US$994k), Germany (US$936k), and Spain (US$665k).
In the global context, the main exporting countries of Synthetic Organic Tanning Substances in 2022 were Italy (US$75.6M), Spain (US$51.3M), and Germany (US$42.4M). In the same year, the main importing countries of Synthetic Organic Tanning Substances were China (US$63.2M), Italy (US$34.4M), and Brazil (US$18.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$12.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Synthetic Organic Tanning Substances in Mexico (including international purchases and sales) was US$12.3M.
The visualizations show the net balance of Synthetic Organic Tanning Substances 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$846k, International Purchases
- US$63.1k, International Sales
In July 2024, international sales of Synthetic Organic Tanning Substances were US$63.1k, while international purchases reached US$846k. The above results in a trade balance of -US$783k.
Market Concentration
#permalink to section2024-Q3: US$56.3k, International Sales
The visualization shows the quarterly concentration of international sales of Synthetic Organic Tanning Substances at state level.
In the third quarter of 2024, international sales were US$56.3k, being the states with the most sales Guanajuato (US$56.3k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$919k, State with the Most International Sales (2023)
United States: US$689k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Synthetic Organic Tanning Substances were Guanajuato (US$919k).
In 2023, the countries with the most international purchases from Mexico were United States (US$689k), El Salvador (US$96.5k), Guatemala (US$62.5k), Costa Rica (US$31k), and Germany (US$26.9k).
International Purchases
#permalink to sectionGuanajuato: US$7.55M, State with the Most International Purchases (2023)
Netherlands: US$2.07M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Synthetic Organic Tanning Substances were Guanajuato (US$7.55M).
The countries with the most international sales to Mexico in 2023 were Netherlands (US$2.07M), Italy (US$1.37M), China (US$994k), Germany (US$936k), and Spain (US$665k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Synthetic Organic Tanning Substances and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Synthetic Organic Tanning Substances. 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- 0.41%, Mexican share in global exports - 2022
- 2.41%, Mexican share in global imports - 2022
The visualizations show the global market for Synthetic Organic Tanning Substances. 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 Synthetic Organic Tanning Substances were Italy (US$75.6M), Spain (US$51.3M), and Germany (US$42.4M). In the same year, the main importing countries for Synthetic Organic Tanning Substances were China (US$63.2M), Italy (US$34.4M), and Brazil (US$18.8M).