ProceduresGovernment

Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin

Código 9602 (Harmonized System 2012 by 4 digits)

 2023: US$124M, Total Trade Exchange

2023: US$78.6M, International Sales

  2023: US$45.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin was US$124M.

In 2023, the states with the most international sales in Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were Nuevo León (US$62.8M), Ciudad de México (US$14.6M), Jalisco (US$556k), and Estado de México (US$104k).

The states with the most international purchases in 2023 were Ciudad de México (US$32.8M), Puebla (US$10M), Baja California (US$588k), Jalisco (US$304k), and Estado de México (US$214k).

In 2023, the main commercial destinations of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were United States (US$76.7M), Dominican Republic (US$258k), Ecuador (US$253k), Aruba (US$142k), and Peru (US$110k).

The main commercial origins of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin in 2023 were United States (US$29M), Colombia (US$7.5M), China (US$3.55M), India (US$2.92M), and Brazil (US$679k).

In the global context, the main exporting countries of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin in 2022 were China (US$241M), Belgium (US$203M), and India (US$191M). In the same year, the main importing countries of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were United States (US$365M), Germany (US$82.7M), and Spain (US$71M).

Trade Balance of Mexico

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Net Trade Balance

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US$124M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin in Mexico (including international purchases and sales) was US$124M.

The visualizations show the net balance of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin 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$2.13M, International Purchases
  • US$7.7M, International Sales

In July 2024, international sales of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were US$7.7M, while international purchases reached US$2.13M. The above results in a trade balance of US$5.57M.

Market Concentration

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2024-Q3: US$7.66M, International Sales

The visualization shows the quarterly concentration of international sales of Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin at state level.

In the third quarter of 2024, international sales were US$7.66M, being the states with the most sales Nuevo León (US$6.78M), Ciudad de México (US$859k), and Yucatán (US$13.5k).

Exchange by Territory

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International Sales

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Nuevo León: US$62.8M, State with the Most International Sales (2023)

United States: US$76.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were Nuevo León (US$62.8M), Ciudad de México (US$14.6M), Jalisco (US$556k), and Estado de México (US$104k).

In 2023, the countries with the most international purchases from Mexico were United States (US$76.7M), Dominican Republic (US$258k), Ecuador (US$253k), Aruba (US$142k), and Peru (US$110k).

International Purchases

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Ciudad de México: US$32.8M, State with the Most International Purchases (2023)

United States: US$29M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were Ciudad de México (US$32.8M), Puebla (US$10M), Baja California (US$588k), Jalisco (US$304k), and Estado de México (US$214k).

The countries with the most international sales to Mexico in 2023 were United States (US$29M), Colombia (US$7.5M), China (US$3.55M), India (US$2.92M), and Brazil (US$679k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin. 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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  • 5.51%, Mexican share in global exports - 2022
  • 3.12%, Mexican share in global imports - 2022

The visualizations show the global market for Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin. 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 Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were China (US$241M), Belgium (US$203M), and India (US$191M). In the same year, the main importing countries for Vegetable or Mineral Carving, and Articles Thereof; Molded or Carved Articles of Wax, Paraffin, Stearin, Gums or Natural Resins or of Modeling Pastes and other Articles Molded or Carved not elsewhere Specified or Included another Party; Worked, Unhardened Gelatin, except those of Heading 3503, and Articles of Unhardened Gelatin were United States (US$365M), Germany (US$82.7M), and Spain (US$71M).