Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin
Código 150500 (Harmonized System 2012 by 6 digits)
2021: US$573k, International Sales
2023: US$11.1M, International Purchases
In 2021, the states with the most international sales in Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were Ciudad de México (US$563k).
The states with the most international purchases in 2023 were Guanajuato (US$7.5M) and Ciudad de México (US$1.58M).
In 2021, the main commercial destinations of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were United States (US$549k), Argentina (US$12.9k), and Brazil (US$796).
The main commercial origins of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin in 2023 were Germany (US$7.34M), Brazil (US$1.09M), United Kingdom (US$333k), New Zealand (US$182k), and China (US$56k).
In the global context, the main exporting countries of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin in 2022 were China (US$79.3M), United Kingdom (US$46.4M), and Japan (US$27.1M). In the same year, the main importing countries of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were Germany (US$46.4M), United States (US$36.9M), and United Kingdom (US$29.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin 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$124k, International Purchases
In July 2024, international sales of Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were US$0, while international purchases reached US$124k. The above results in a trade balance of -US$124k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$563k, State with the Most International Sales (2021)
United States: US$549k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were Ciudad de México (US$563k).
In 2021, the countries with the most international purchases from Mexico were United States (US$549k), Argentina (US$12.9k), and Brazil (US$796).
International Purchases
#permalink to sectionGuanajuato: US$7.5M, State with the Most International Purchases (2023)
Germany: US$7.34M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were Guanajuato (US$7.5M) and Ciudad de México (US$1.58M).
The countries with the most international sales to Mexico in 2023 were Germany (US$7.34M), Brazil (US$1.09M), United Kingdom (US$333k), New Zealand (US$182k), and China (US$56k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin. 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- 0.24%, Mexican share in global exports - 2022
- 2.95%, Mexican share in global imports - 2022
The visualizations show the global market for Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin. 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 Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were China (US$79.3M), United Kingdom (US$46.4M), and Japan (US$27.1M). In the same year, the main importing countries for Wool Grease and Fatty Substances Derived Therefrom, Incl. Lanolin were Germany (US$46.4M), United States (US$36.9M), and United Kingdom (US$29.4M).