Chemical Products
Code 6 (Harmonized System 2012 by Sector)
2024: US$59.2B, Total Trade Exchange
2024: US$14.5B, International Sales
2024: US$44.6B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Chemical Products was US$59.2B.
In 2024, the states with the most international sales in Chemical Products were Ciudad de México (US$3.53B), Estado de México (US$2.63B), Nuevo León (US$1.7B), Guanajuato (US$1.07B), and Jalisco (US$898M).
The states with the most international purchases in 2024 were Ciudad de México (US$20.8B), Estado de México (US$5.5B), Jalisco (US$3.22B), Nuevo León (US$2.89B), and Tamaulipas (US$1.98B).
In the global context, the main exporting countries of Chemical Products in 2022 were China (US$271B), United States (US$255B), and Germany (US$254B). In the same year, the main importing countries of Chemical Products were United States (US$335B), Germany (US$186B), and China (US$172B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$59.2B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Chemical Products in Mexico (including international purchases and sales) was US$59.2B.
The visualizations show the net balance of Chemical Products 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 sectionMay, 2025
- US$1.13B, International Sales
- US$3.8B, International Purchases
In May 2025, international sales of Chemical Products were US$1.13B and a total of US$3.8B in international purchases. For this month the net trade balance of Chemical Products it was of -US$2.66B.
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Chemical Products and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Chemical Products. 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- 0.61%, Mexican share in global exports - 2022
- 1.62%, Mexican share in global imports - 2022
The visualizations show the global market for Chemical Products. 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 Chemical Products were China (US$271B), United States (US$255B), and Germany (US$254B). In the same year, the main importing countries for Chemical Products were United States (US$335B), Germany (US$186B), and China (US$172B).
Product Prices
#permalink to sectionPrice Variations
#permalink to sectionThe graph shows the average quarterly variations of wholesale prices of some N/A.
You can review the variations for other agri-food markets and different periods by changing the options selected in the upper buttons.
*Reference prices.
Price Evolution
#permalink to sectionThe graph shows the average quarterly evolution of the wholesale, average wholesale or retail price of the product selected in the upper buttons, in addition to the quarterly percentage variation of the price.
*Reference prices.
Product Prices by States
#permalink to sectionThe map shows the monthly average price (wholesale, half wholesale or retail) by federal entity for the product and month selected in the upper buttons.
*Reference prices.