Wood Wool; Wood Flour
Código 4405 (Harmonized System 2012 by 4 digits)
2021: US$87.3k, International Sales
2023: US$2.06M, International Purchases
In 2022, the states with the most international sales in Wood Wool; Wood Flour were Chihuahua (US$45.4k).
The states with the most international purchases in 2023 were Nuevo León (US$211k) and Sonora (US$12.1k).
In 2022, the main commercial destinations of Wood Wool; Wood Flour were United States (US$45.4k).
The main commercial origins of Wood Wool; Wood Flour in 2023 were United States (US$223k).
In the global context, the main exporting countries of Wood Wool; Wood Flour in 2022 were Germany (US$38.7M), Vietnam (US$17.6M), and United States (US$7.96M). In the same year, the main importing countries of Wood Wool; Wood Flour were South Korea (US$10.4M), Netherlands (US$10.2M), and United Kingdom (US$6.47M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Wood Wool; Wood Flour 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 sectionNovember, 2024: US$105k, International Purchases
In November 2024, international sales of Wood Wool; Wood Flour were US$0, while international purchases reached US$105k. The above results in a trade balance of -US$105k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$45.4k, State with the Most International Sales (2022)
United States: US$45.4k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Wood Wool; Wood Flour were Chihuahua (US$45.4k).
In 2022, the countries with the most international purchases from Mexico were United States (US$45.4k).
International Purchases
#permalink to sectionNuevo León: US$211k, State with the Most International Purchases (2023)
United States: US$223k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wood Wool; Wood Flour were Nuevo León (US$211k) and Sonora (US$12.1k).
The countries with the most international sales to Mexico in 2023 were United States (US$223k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wood Wool; Wood Flour and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wood Wool; Wood Flour. 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- 0.0075%, Mexican share in global exports - 2022
- 0.97%, Mexican share in global imports - 2022
The visualizations show the global market for Wood Wool; Wood Flour. 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 Wood Wool; Wood Flour were Germany (US$38.7M), Vietnam (US$17.6M), and United States (US$7.96M). In the same year, the main importing countries for Wood Wool; Wood Flour were South Korea (US$10.4M), Netherlands (US$10.2M), and United Kingdom (US$6.47M).