ProceduresGovernment

Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides)

Código 152110 (Harmonized System 2012 by 6 digits)

 2023: US$15M, Total Trade Exchange

2023: US$12.4M, International Sales

  2023: US$2.53M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) was US$15M.

In 2023, the states with the most international sales in Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were Coahuila de Zaragoza (US$2.33M) and Ciudad de México (US$1.19M).

The states with the most international purchases in 2023 were Ciudad de México (US$834k), Estado de México (US$549k), Chihuahua (US$501k), Baja California (US$199k), and Nuevo León (US$143k).

In 2023, the main commercial destinations of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were United States (US$1.74M), Germany (US$894k), Japan (US$880k), Argentina (US$34), and Panama (US$21).

The main commercial origins of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) in 2023 were United States (US$1.02M), Brazil (US$987k), China (US$145k), Indonesia (US$29.6k), and Argentina (US$27.5k).

In the global context, the main exporting countries of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) in 2022 were Brazil (US$94M), United States (US$21.8M), and Indonesia (US$19M). In the same year, the main importing countries of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were United States (US$33.5M), Germany (US$28.3M), and China (US$24.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$15M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) in Mexico (including international purchases and sales) was US$15M.

The visualizations show the net balance of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) 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$231k, International Purchases
  • US$1.29M, International Sales

In July 2024, international sales of Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were US$1.29M, while international purchases reached US$231k. The above results in a trade balance of US$1.06M.

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$2.33M, State with the Most International Sales (2023)

United States: US$1.74M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were Coahuila de Zaragoza (US$2.33M) and Ciudad de México (US$1.19M).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.74M), Germany (US$894k), Japan (US$880k), Argentina (US$34), and Panama (US$21).

International Purchases

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Ciudad de México: US$834k, State with the Most International Purchases (2023)

United States: US$1.02M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were Ciudad de México (US$834k), Estado de México (US$549k), Chihuahua (US$501k), Baja California (US$199k), and Nuevo León (US$143k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.02M), Brazil (US$987k), China (US$145k), Indonesia (US$29.6k), and Argentina (US$27.5k).

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 Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides). 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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  • 5.17%, Mexican share in global exports - 2022
  • 1.65%, Mexican share in global imports - 2022

The visualizations show the global market for Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides). 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 Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were Brazil (US$94M), United States (US$21.8M), and Indonesia (US$19M). In the same year, the main importing countries for Vegetable Waxes, Incl. Refined or Colored (Exc. Waxes Triglycerides) were United States (US$33.5M), Germany (US$28.3M), and China (US$24.6M).