ProceduresGovernment

Wax Poly "Oxyethylene" [Polyethylene Glycol]

Código 340420 (Harmonized System 2012 by 6 digits)

 2023: US$10.6M, Total Trade Exchange

2023: US$9.65M, International Sales

  2023: US$990k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wax Poly "Oxyethylene" [Polyethylene Glycol] was US$10.6M.

In 2023, the states with the most international sales in Wax Poly "Oxyethylene" [Polyethylene Glycol] were Ciudad de México (US$7.05M) and Estado de México (US$2.56M).

The states with the most international purchases in 2023 were Querétaro (US$326k), Estado de México (US$138k), Ciudad de México (US$129k), Baja California (US$74k), and Nuevo León (US$39.1k).

In 2023, the main commercial destinations of Wax Poly "Oxyethylene" [Polyethylene Glycol] were United States (US$2.17M), China (US$2.07M), Brazil (US$1.7M), Belgium (US$1.05M), and Argentina (US$663k).

The main commercial origins of Wax Poly "Oxyethylene" [Polyethylene Glycol] in 2023 were Germany (US$370k), United States (US$175k), China (US$130k), Colombia (US$21.1k), and France (US$8.82k).

In the global context, the main exporting countries of Wax Poly "Oxyethylene" [Polyethylene Glycol] in 2022 were South Korea (US$242M), Germany (US$163M), and China (US$88.9M). In the same year, the main importing countries of Wax Poly "Oxyethylene" [Polyethylene Glycol] were Turkey (US$117M), India (US$88.7M), and United States (US$57M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$10.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wax Poly "Oxyethylene" [Polyethylene Glycol] in Mexico (including international purchases and sales) was US$10.6M.

The visualizations show the net balance of Wax Poly "Oxyethylene" [Polyethylene Glycol] 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 section

July, 2024

  • US$71k, International Purchases
  • US$200k, International Sales

In July 2024, international sales of Wax Poly "Oxyethylene" [Polyethylene Glycol] were US$200k, while international purchases reached US$71k. The above results in a trade balance of US$129k.

Market Concentration

#permalink to section

2024-Q3: US$182k, International Sales

The visualization shows the quarterly concentration of international sales of Wax Poly "Oxyethylene" [Polyethylene Glycol] at state level.

In the third quarter of 2024, international sales were US$182k, being the states with the most sales Ciudad de México (US$182k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$7.05M, State with the Most International Sales (2023)

United States: US$2.17M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wax Poly "Oxyethylene" [Polyethylene Glycol] were Ciudad de México (US$7.05M) and Estado de México (US$2.56M).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.17M), China (US$2.07M), Brazil (US$1.7M), Belgium (US$1.05M), and Argentina (US$663k).

International Purchases

#permalink to section

Querétaro: US$326k, State with the Most International Purchases (2023)

Germany: US$370k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wax Poly "Oxyethylene" [Polyethylene Glycol] were Querétaro (US$326k), Estado de México (US$138k), Ciudad de México (US$129k), Baja California (US$74k), and Nuevo León (US$39.1k).

The countries with the most international sales to Mexico in 2023 were Germany (US$370k), United States (US$175k), China (US$130k), Colombia (US$21.1k), and France (US$8.82k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wax Poly "Oxyethylene" [Polyethylene Glycol]  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wax Poly "Oxyethylene" [Polyethylene Glycol]. 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

#permalink to section

  • 1.91%, Mexican share in global exports - 2022
  • 0.16%, Mexican share in global imports - 2022

The visualizations show the global market for Wax Poly "Oxyethylene" [Polyethylene Glycol]. 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 Wax Poly "Oxyethylene" [Polyethylene Glycol] were South Korea (US$242M), Germany (US$163M), and China (US$88.9M). In the same year, the main importing countries for Wax Poly "Oxyethylene" [Polyethylene Glycol] were Turkey (US$117M), India (US$88.7M), and United States (US$57M).