ProceduresGovernment

Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea)

Código 6807 (Harmonized System 2012 by 4 digits)

 2023: US$56M, Total Trade Exchange

2023: US$40.5M, International Sales

  2023: US$15.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) was US$56M.

In 2023, the states with the most international sales in Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were Baja California (US$29M), Nuevo León (US$7.41M), Ciudad de México (US$95.1k), and Estado de México (US$55.6k).

The states with the most international purchases in 2023 were Ciudad de México (US$5.04M), Baja California (US$4.56M), Nuevo León (US$2.03M), Chihuahua (US$1.7M), and Guanajuato (US$884k).

In 2023, the main commercial destinations of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were United States (US$35.8M), Puerto Rico (US$258k), Guatemala (US$253k), Panama (US$129k), and Brazil (US$69.4k).

The main commercial origins of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) in 2023 were United States (US$10.4M), Canada (US$2.46M), Italy (US$547k), Turkey (US$436k), and Malaysia (US$377k).

In the global context, the main exporting countries of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) in 2022 were United States (US$404M), Canada (US$370M), and Italy (US$306M). In the same year, the main importing countries of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were United States (US$435M), Canada (US$338M), and Netherlands (US$135M).

Trade Balance of Mexico

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Net Trade Balance

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US$56M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) in Mexico (including international purchases and sales) was US$56M.

The visualizations show the net balance of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) 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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March, 2024

  • US$1.34M, International Purchases
  • US$4.26M, International Sales

In March 2024, international sales of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were US$4.26M, while international purchases reached US$1.34M. The above results in a trade balance of US$2.92M.

Market Concentration

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2024-Q2: US$717k, International Sales

The visualization shows the quarterly concentration of international sales of Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) at state level.

In the second quarter of 2024, international sales were US$717k, being the states with the most sales Nuevo León (US$717k).

Exchange by Territory

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International Sales

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Baja California: US$29M, State with the Most International Sales (2023)

United States: US$35.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were Baja California (US$29M), Nuevo León (US$7.41M), Ciudad de México (US$95.1k), and Estado de México (US$55.6k).

In 2023, the countries with the most international purchases from Mexico were United States (US$35.8M), Puerto Rico (US$258k), Guatemala (US$253k), Panama (US$129k), and Brazil (US$69.4k).

International Purchases

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Ciudad de México: US$5.04M, State with the Most International Purchases (2023)

United States: US$10.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were Ciudad de México (US$5.04M), Baja California (US$4.56M), Nuevo León (US$2.03M), Chihuahua (US$1.7M), and Guanajuato (US$884k).

The countries with the most international sales to Mexico in 2023 were United States (US$10.4M), Canada (US$2.46M), Italy (US$547k), Turkey (US$436k), and Malaysia (US$377k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea). 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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  • 1.34%, Mexican share in global exports - 2022
  • 0.55%, Mexican share in global imports - 2022

The visualizations show the global market for Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea). 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 Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were United States (US$404M), Canada (US$370M), and Italy (US$306M). In the same year, the main importing countries for Articles of Asphalt or Similar Material (For Example: Fish Oil, Brea) were United States (US$435M), Canada (US$338M), and Netherlands (US$135M).