ProceduresGovernment

Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight

Código 3403 (Harmonized System 2012 by 4 digits)

 2023: US$503M, Total Trade Exchange

2023: US$27.9M, International Sales

  2023: US$475M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight was US$503M.

In 2023, the states with the most international sales in Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were Nuevo León (US$5.6M), Estado de México (US$4.46M), Querétaro (US$4.45M), Jalisco (US$3.98M), and Puebla (US$3.16M).

The states with the most international purchases in 2023 were Ciudad de México (US$151M), Nuevo León (US$62.3M), Querétaro (US$56M), Estado de México (US$30.7M), and Chihuahua (US$28.9M).

In 2023, the main commercial destinations of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were United States (US$13.8M), Guatemala (US$3.44M), Colombia (US$1.69M), Brazil (US$1.18M), and Chile (US$804k).

The main commercial origins of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight in 2023 were United States (US$348M), Germany (US$44.8M), Japan (US$22.6M), Italy (US$14.3M), and Spain (US$7.51M).

In the global context, the main exporting countries of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight in 2022 were Germany (US$2.3B), United States (US$2.02B), and Japan (US$1.3B). In the same year, the main importing countries of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were China (US$1.8B), Germany (US$709M), and Mexico (US$438M).

Trade Balance of Mexico

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Net Trade Balance

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US$503M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight in Mexico (including international purchases and sales) was US$503M.

The visualizations show the net balance of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight 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$43.5M, International Purchases
  • US$2.21M, International Sales

In July 2024, international sales of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were US$2.21M, while international purchases reached US$43.5M. The above results in a trade balance of -US$41.3M.

Market Concentration

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2024-Q3: US$2.08M, International Sales

The visualization shows the quarterly concentration of international sales of Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight at state level.

In the third quarter of 2024, international sales were US$2.08M, being the states with the most sales Jalisco (US$568k), Nuevo León (US$491k), and Estado de México (US$399k).

Exchange by Territory

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International Sales

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Nuevo León: US$5.6M, State with the Most International Sales (2023)

United States: US$13.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were Nuevo León (US$5.6M), Estado de México (US$4.46M), Querétaro (US$4.45M), Jalisco (US$3.98M), and Puebla (US$3.16M).

In 2023, the countries with the most international purchases from Mexico were United States (US$13.8M), Guatemala (US$3.44M), Colombia (US$1.69M), Brazil (US$1.18M), and Chile (US$804k).

International Purchases

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Ciudad de México: US$151M, State with the Most International Purchases (2023)

United States: US$348M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were Ciudad de México (US$151M), Nuevo León (US$62.3M), Querétaro (US$56M), Estado de México (US$30.7M), and Chihuahua (US$28.9M).

The countries with the most international sales to Mexico in 2023 were United States (US$348M), Germany (US$44.8M), Japan (US$22.6M), Italy (US$14.3M), and Spain (US$7.51M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight. 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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  • 0.21%, Mexican share in global exports - 2022
  • 3.91%, Mexican share in global imports - 2022

The visualizations show the global market for Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight. 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 Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were Germany (US$2.3B), United States (US$2.02B), and Japan (US$1.3B). In the same year, the main importing countries for Lubricant Preparations for Textile, Oily, Oily, Leather and Skin Greasing, or other Matter, except that they Contain Petroleum Oils or Bituminous Mineral <= 70% by Weight were China (US$1.8B), Germany (US$709M), and Mexico (US$438M).