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Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored

Código 2712 (Harmonized System 2012 by 4 digits)

 2023: US$293M, Total Trade Exchange

2023: US$1.21M, International Sales

  2023: US$292M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored was US$293M.

In 2023, the states with the most international sales in Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were Nuevo León (US$523k), Ciudad de México (US$396k), Guanajuato (US$94.9k), Estado de México (US$41.4k), and Baja California (US$7.43k).

The states with the most international purchases in 2023 were Estado de México (US$105M), Nuevo León (US$63.3M), Ciudad de México (US$46.3M), Puebla (US$21.3M), and Guanajuato (US$11.8M).

In 2023, the main commercial destinations of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were United States (US$245k), Argentina (US$207k), Thailand (US$155k), Colombia (US$108k), and India (US$99.3k).

The main commercial origins of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored in 2023 were China (US$199M), United States (US$54.1M), Taiwan (Republic of China) (US$7.31M), Malaysia (US$4.42M), and Japan (US$4.33M).

In the global context, the main exporting countries of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored in 2022 were China (US$1.4B), United States (US$475M), and Germany (US$390M). In the same year, the main importing countries of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were United States (US$604M), Germany (US$485M), and Mexico (US$399M).

Trade Balance of Mexico

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Net Trade Balance

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US$293M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored in Mexico (including international purchases and sales) was US$293M.

The visualizations show the net balance of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored 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$32.3M, International Purchases
  • US$49.9k, International Sales

In July 2024, international sales of Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were US$49.9k, while international purchases reached US$32.3M. The above results in a trade balance of -US$32.3M.

Exchange by Territory

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International Sales

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Nuevo León: US$523k, State with the Most International Sales (2023)

United States: US$245k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were Nuevo León (US$523k), Ciudad de México (US$396k), Guanajuato (US$94.9k), Estado de México (US$41.4k), and Baja California (US$7.43k).

In 2023, the countries with the most international purchases from Mexico were United States (US$245k), Argentina (US$207k), Thailand (US$155k), Colombia (US$108k), and India (US$99.3k).

International Purchases

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Estado de México: US$105M, State with the Most International Purchases (2023)

China: US$199M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were Estado de México (US$105M), Nuevo León (US$63.3M), Ciudad de México (US$46.3M), Puebla (US$21.3M), and Guanajuato (US$11.8M).

The countries with the most international sales to Mexico in 2023 were China (US$199M), United States (US$54.1M), Taiwan (Republic of China) (US$7.31M), Malaysia (US$4.42M), and Japan (US$4.33M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored. 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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  • 0.039%, Mexican share in global exports - 2022
  • 7.54%, Mexican share in global imports - 2022

The visualizations show the global market for Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored. 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 Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were China (US$1.4B), United States (US$475M), and Germany (US$390M). In the same year, the main importing countries for Vaseline; Paraffin Wax, Microcrystalline Petroleum Wax, "Slack Wax", Ozokerite, Lignite Wax, Peat Wax, Waxes other Minerals and Related Products Obtained by Synthesis or by other Processes, whether or not Colored were United States (US$604M), Germany (US$485M), and Mexico (US$399M).