Terephthalic Acid and its Salts
Código 291736 (Harmonized System 2012 by 6 digits)
2018: US$461M, International Sales
2023: US$1.9M, International Purchases
In 2011, the states with the most international sales in Terephthalic Acid and its Salts were Ciudad de México (US$952k).
The states with the most international purchases in 2023 were Nuevo León (US$1.18M).
In 2011, the main commercial destinations of Terephthalic Acid and its Salts were United States (US$944k), China (US$8.4k), and Brazil (US$1).
The main commercial origins of Terephthalic Acid and its Salts in 2023 were China (US$744k), Canada (US$284k), United States (US$111k), Taiwan (Republic of China) (US$43.6k), and Italy (US$2).
In the global context, the main exporting countries of Terephthalic Acid and its Salts in 2022 were China (US$2.93B), South Korea (US$1.2B), and Thailand (US$981M). In the same year, the main importing countries of Terephthalic Acid and its Salts were Turkey (US$1.73B), India (US$1.48B), and Vietnam (US$804M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Terephthalic Acid and its Salts 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$197k, International Purchases
In July 2024, international sales of Terephthalic Acid and its Salts were US$0, while international purchases reached US$197k. The above results in a trade balance of -US$197k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$952k, State with the Most International Sales (2011)
United States: US$944k, Main commercial destination (2011)
In 2011, the states with the highest international sales in Terephthalic Acid and its Salts were Ciudad de México (US$952k).
In 2011, the countries with the most international purchases from Mexico were United States (US$944k), China (US$8.4k), and Brazil (US$1).
International Purchases
#permalink to sectionNuevo León: US$1.18M, State with the Most International Purchases (2023)
China: US$744k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Terephthalic Acid and its Salts were Nuevo León (US$1.18M).
The countries with the most international sales to Mexico in 2023 were China (US$744k), Canada (US$284k), United States (US$111k), Taiwan (Republic of China) (US$43.6k), and Italy (US$2).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Terephthalic Acid and its Salts and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Terephthalic Acid and its Salts. 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- 4.86%, Mexican share in global exports - 2022
- 0.014%, Mexican share in global imports - 2022
The visualizations show the global market for Terephthalic Acid and its Salts. 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 Terephthalic Acid and its Salts were China (US$2.93B), South Korea (US$1.2B), and Thailand (US$981M). In the same year, the main importing countries for Terephthalic Acid and its Salts were Turkey (US$1.73B), India (US$1.48B), and Vietnam (US$804M).