Compounds with Oxygen Functions
Código 2922 (Harmonized System 2012 by 4 digits)
2023: US$356M, Total Trade Exchange
2023: US$16.1M, International Sales
2023: US$340M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Compounds with Oxygen Functions was US$356M.
In 2023, the states with the most international sales in Compounds with Oxygen Functions were Ciudad de México (US$10.4M), Estado de México (US$2.19M), Nuevo León (US$1.4M), Jalisco (US$1.13M), and Querétaro (US$76.6k).
The states with the most international purchases in 2023 were Jalisco (US$99.1M), Ciudad de México (US$90.6M), Estado de México (US$66M), Durango (US$20.5M), and Coahuila de Zaragoza (US$15.6M).
In 2023, the main commercial destinations of Compounds with Oxygen Functions were United States (US$4.53M), Belgium (US$4.03M), Netherlands (US$765k), Dominican Republic (US$749k), and Guatemala (US$558k).
The main commercial origins of Compounds with Oxygen Functions in 2023 were China (US$120M), United States (US$102M), Spain (US$29.1M), India (US$26.7M), and Germany (US$14.6M).
In the global context, the main exporting countries of Compounds with Oxygen Functions in 2022 were China (US$7.53B), Singapore (US$1.75B), and United States (US$1.31B). In the same year, the main importing countries of Compounds with Oxygen Functions were United States (US$1.83B), Germany (US$1.75B), and Belgium (US$1.34B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$356M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Compounds with Oxygen Functions in Mexico (including international purchases and sales) was US$356M.
The visualizations show the net balance of Compounds with Oxygen Functions 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$39.4M, International Purchases
- US$612k, International Sales
In November 2024, international sales of Compounds with Oxygen Functions were US$612k, while international purchases reached US$39.4M. The above results in a trade balance of -US$38.8M.
Market Concentration
#permalink to section2024-Q4: US$1.72M, International Sales
The visualization shows the quarterly concentration of international sales of Compounds with Oxygen Functions at state level.
In the fourth quarter of 2024, international sales were US$1.72M, being the states with the most sales Ciudad de México (US$1.24M), Estado de México (US$422k), and Jalisco (US$63.6k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$10.4M, State with the Most International Sales (2023)
United States: US$4.53M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Compounds with Oxygen Functions were Ciudad de México (US$10.4M), Estado de México (US$2.19M), Nuevo León (US$1.4M), Jalisco (US$1.13M), and Querétaro (US$76.6k).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.53M), Belgium (US$4.03M), Netherlands (US$765k), Dominican Republic (US$749k), and Guatemala (US$558k).
International Purchases
#permalink to sectionJalisco: US$99.1M, State with the Most International Purchases (2023)
China: US$120M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Compounds with Oxygen Functions were Jalisco (US$99.1M), Ciudad de México (US$90.6M), Estado de México (US$66M), Durango (US$20.5M), and Coahuila de Zaragoza (US$15.6M).
The countries with the most international sales to Mexico in 2023 were China (US$120M), United States (US$102M), Spain (US$29.1M), India (US$26.7M), and Germany (US$14.6M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Compounds with Oxygen Functions and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Compounds with Oxygen Functions. 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- 0.097%, Mexican share in global exports - 2022
- 1.81%, Mexican share in global imports - 2022
The visualizations show the global market for Compounds with Oxygen Functions. 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 Compounds with Oxygen Functions were China (US$7.53B), Singapore (US$1.75B), and United States (US$1.31B). In the same year, the main importing countries for Compounds with Oxygen Functions were United States (US$1.83B), Germany (US$1.75B), and Belgium (US$1.34B).