Tartaric Acid
Código 291812 (Harmonized System 2012 by 6 digits)
2023: US$9.67M, Total Trade Exchange
2023: US$99.3k, International Sales
2023: US$9.57M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Tartaric Acid was US$9.67M.
In 2023, the states with the most international sales in Tartaric Acid were Estado de México (US$9.1k).
The states with the most international purchases in 2023 were Estado de México (US$2.19M), Ciudad de México (US$2.09M), Jalisco (US$680k), Querétaro (US$568k), and Baja California (US$57.3k).
In 2023, the main commercial destinations of Tartaric Acid were United States (US$3.02k), Guatemala (US$2.41k), Peru (US$1.3k), Brazil (US$1.19k), and Uruguay (US$686).
The main commercial origins of Tartaric Acid in 2023 were China (US$3.15M), Italy (US$2.21M), Spain (US$175k), Argentina (US$54k), and United States (US$2.48k).
In the global context, the main exporting countries of Tartaric Acid in 2022 were China (US$151M), Italy (US$86.4M), and Spain (US$19.7M). In the same year, the main importing countries of Tartaric Acid were United States (US$54.2M), Germany (US$26.2M), and Russia (US$21M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.67M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Tartaric Acid in Mexico (including international purchases and sales) was US$9.67M.
The visualizations show the net balance of Tartaric Acid 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$773k, International Purchases
In July 2024, international sales of Tartaric Acid were US$0, while international purchases reached US$773k. The above results in a trade balance of -US$773k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$9.1k, State with the Most International Sales (2023)
United States: US$3.02k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Tartaric Acid were Estado de México (US$9.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$3.02k), Guatemala (US$2.41k), Peru (US$1.3k), Brazil (US$1.19k), and Uruguay (US$686).
International Purchases
#permalink to sectionEstado de México: US$2.19M, State with the Most International Purchases (2023)
China: US$3.15M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Tartaric Acid were Estado de México (US$2.19M), Ciudad de México (US$2.09M), Jalisco (US$680k), Querétaro (US$568k), and Baja California (US$57.3k).
The countries with the most international sales to Mexico in 2023 were China (US$3.15M), Italy (US$2.21M), Spain (US$175k), Argentina (US$54k), and United States (US$2.48k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tartaric Acid and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tartaric Acid. 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- 0.028%, Mexican share in global exports - 2022
- 3.91%, Mexican share in global imports - 2022
The visualizations show the global market for Tartaric Acid. 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 Tartaric Acid were China (US$151M), Italy (US$86.4M), and Spain (US$19.7M). In the same year, the main importing countries for Tartaric Acid were United States (US$54.2M), Germany (US$26.2M), and Russia (US$21M).