ProceduresGovernment

Cyclic Hydrocarbons

Código 2902 (Harmonized System 2012 by 4 digits)

 2023: US$1.82B, Total Trade Exchange

2023: US$4.76M, International Sales

  2023: US$1.82B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cyclic Hydrocarbons was US$1.82B.

In 2023, the states with the most international sales in Cyclic Hydrocarbons were Estado de México (US$2.12M), Nuevo León (US$1.72M), Ciudad de México (US$119k), Baja California (US$34k), and Tamaulipas (US$127).

The states with the most international purchases in 2023 were Ciudad de México (US$561M), Nuevo León (US$539M), Estado de México (US$84.8M), Tamaulipas (US$39.9M), and Querétaro (US$10.2M).

In 2023, the main commercial destinations of Cyclic Hydrocarbons were Guatemala (US$1.45M), El Salvador (US$847k), United States (US$721k), Germany (US$568k), and Canada (US$241k).

The main commercial origins of Cyclic Hydrocarbons in 2023 were United States (US$1.04B), South Korea (US$82.9M), Turkey (US$44.8M), China (US$19.5M), and Brunei (US$17.8M).

In the global context, the main exporting countries of Cyclic Hydrocarbons in 2022 were South Korea (US$9.73B), Japan (US$4.14B), and Netherlands (US$4.09B). In the same year, the main importing countries of Cyclic Hydrocarbons were China (US$16.6B), United States (US$3.89B), and Belgium (US$3.69B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$1.82B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cyclic Hydrocarbons in Mexico (including international purchases and sales) was US$1.82B.

The visualizations show the net balance of Cyclic Hydrocarbons 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 section

January, 2024

  • US$195M, International Purchases
  • US$238k, International Sales

In January 2024, international sales of Cyclic Hydrocarbons were US$238k, while international purchases reached US$195M. The above results in a trade balance of -US$194M.

Market Concentration

#permalink to section

2024-Q1: US$122k, International Sales

The visualization shows the quarterly concentration of international sales of Cyclic Hydrocarbons at state level.

In the first quarter of 2024, international sales were US$122k, being the states with the most sales Estado de México (US$122k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Estado de México: US$2.12M, State with the Most International Sales (2023)

Guatemala: US$1.45M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cyclic Hydrocarbons were Estado de México (US$2.12M), Nuevo León (US$1.72M), Ciudad de México (US$119k), Baja California (US$34k), and Tamaulipas (US$127).

In 2023, the countries with the most international purchases from Mexico were Guatemala (US$1.45M), El Salvador (US$847k), United States (US$721k), Germany (US$568k), and Canada (US$241k).

International Purchases

#permalink to section

Ciudad de México: US$561M, State with the Most International Purchases (2023)

United States: US$1.04B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cyclic Hydrocarbons were Ciudad de México (US$561M), Nuevo León (US$539M), Estado de México (US$84.8M), Tamaulipas (US$39.9M), and Querétaro (US$10.2M).

The countries with the most international sales to Mexico in 2023 were United States (US$1.04B), South Korea (US$82.9M), Turkey (US$44.8M), China (US$19.5M), and Brunei (US$17.8M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cyclic Hydrocarbons  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cyclic Hydrocarbons. 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

#permalink to section

  • 0.03%, Mexican share in global exports - 2022
  • 4.34%, Mexican share in global imports - 2022

The visualizations show the global market for Cyclic Hydrocarbons. 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 Cyclic Hydrocarbons were South Korea (US$9.73B), Japan (US$4.14B), and Netherlands (US$4.09B). In the same year, the main importing countries for Cyclic Hydrocarbons were China (US$16.6B), United States (US$3.89B), and Belgium (US$3.69B).