Styrene Polymers in Primary Forms
Código 3903 (Harmonized System 2012 by 4 digits)
2023: US$1.47B, Total Trade Exchange
2023: US$495M, International Sales
2023: US$977M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Styrene Polymers in Primary Forms was US$1.47B.
In 2023, the states with the most international sales in Styrene Polymers in Primary Forms were Ciudad de México (US$378M), Tlaxcala (US$70M), Tamaulipas (US$21.1M), Querétaro (US$6.59M), and San Luis Potosí (US$3.86M).
The states with the most international purchases in 2023 were Ciudad de México (US$279M), Nuevo León (US$138M), Baja California (US$116M), Querétaro (US$106M), and Tamaulipas (US$86.2M).
In 2023, the main commercial destinations of Styrene Polymers in Primary Forms were United States (US$352M), Brazil (US$24.6M), El Salvador (US$16.2M), Canada (US$15.9M), and Dominican Republic (US$14.2M).
The main commercial origins of Styrene Polymers in Primary Forms in 2023 were United States (US$581M), South Korea (US$197M), China (US$60.1M), Taiwan (Republic of China) (US$47.3M), and Japan (US$20.4M).
In the global context, the main exporting countries of Styrene Polymers in Primary Forms in 2022 were South Korea (US$4.28B), Taiwan (Republic of China) (US$3.65B), and Germany (US$2.03B). In the same year, the main importing countries of Styrene Polymers in Primary Forms were China (US$4.57B), United States (US$1.84B), and Germany (US$1.66B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.47B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Styrene Polymers in Primary Forms in Mexico (including international purchases and sales) was US$1.47B.
The visualizations show the net balance of Styrene Polymers in Primary Forms 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$113M, International Purchases
- US$33.2M, International Sales
In July 2024, international sales of Styrene Polymers in Primary Forms were US$33.2M, while international purchases reached US$113M. The above results in a trade balance of -US$79.7M.
Market Concentration
#permalink to section2024-Q3: US$32.5M, International Sales
The visualization shows the quarterly concentration of international sales of Styrene Polymers in Primary Forms at state level.
In the third quarter of 2024, international sales were US$32.5M, being the states with the most sales Ciudad de México (US$25.3M), Tlaxcala (US$5.5M), and Baja California (US$494k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$378M, State with the Most International Sales (2023)
United States: US$352M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Styrene Polymers in Primary Forms were Ciudad de México (US$378M), Tlaxcala (US$70M), Tamaulipas (US$21.1M), Querétaro (US$6.59M), and San Luis Potosí (US$3.86M).
In 2023, the countries with the most international purchases from Mexico were United States (US$352M), Brazil (US$24.6M), El Salvador (US$16.2M), Canada (US$15.9M), and Dominican Republic (US$14.2M).
International Purchases
#permalink to sectionCiudad de México: US$279M, State with the Most International Purchases (2023)
United States: US$581M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Styrene Polymers in Primary Forms were Ciudad de México (US$279M), Nuevo León (US$138M), Baja California (US$116M), Querétaro (US$106M), and Tamaulipas (US$86.2M).
The countries with the most international sales to Mexico in 2023 were United States (US$581M), South Korea (US$197M), China (US$60.1M), Taiwan (Republic of China) (US$47.3M), and Japan (US$20.4M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Styrene Polymers in Primary Forms and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Styrene Polymers in Primary Forms. 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- 2.95%, Mexican share in global exports - 2022
- 4.48%, Mexican share in global imports - 2022
The visualizations show the global market for Styrene Polymers in Primary Forms. 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 Styrene Polymers in Primary Forms were South Korea (US$4.28B), Taiwan (Republic of China) (US$3.65B), and Germany (US$2.03B). In the same year, the main importing countries for Styrene Polymers in Primary Forms were China (US$4.57B), United States (US$1.84B), and Germany (US$1.66B).