ProceduresGovernment

Diazo Compounds, Azo- or Azoxy

Código 2927 (Harmonized System 2012 by 4 digits)

 2024: US$20M, Total Trade Exchange

2024: US$11.7M, International Sales

  2024: US$8.38M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Diazo Compounds, Azo- or Azoxy was US$20M.

In 2024, the states with the most international sales in Diazo Compounds, Azo- or Azoxy were Estado de México (US$11.6M) and Ciudad de México (US$95.2k).

The states with the most international purchases in 2024 were Nuevo León (US$3.68M), Ciudad de México (US$1.58M), Estado de México (US$1.01M), Guanajuato (US$798k), and Jalisco (US$797k).

In 2024, the main commercial destinations of Diazo Compounds, Azo- or Azoxy were United States (US$8.2M), Belgium (US$1.81M), Canada (US$877k), Brazil (US$348k), and El Salvador (US$81.1k).

The main commercial origins of Diazo Compounds, Azo- or Azoxy in 2024 were China (US$6.97M), United States (US$522k), India (US$209k), Thailand (US$179k), and South Korea (US$147k).

In the global context, the main exporting countries of Diazo Compounds, Azo- or Azoxy in 2022 were China (US$329M), Indonesia (US$84.7M), and India (US$69.4M). In the same year, the main importing countries of Diazo Compounds, Azo- or Azoxy were United States (US$88.1M), South Korea (US$78.9M), and Germany (US$53.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$20M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Diazo Compounds, Azo- or Azoxy in Mexico (including international purchases and sales) was US$20M.

The visualizations show the net balance of Diazo Compounds, Azo- or Azoxy 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, 2025: US$425k, International Purchases

In March 2025, international sales of Diazo Compounds, Azo- or Azoxy were US$0, while international purchases reached US$425k. The above results in a trade balance of -US$425k.

Market Concentration

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2025-Q1: US$1.35M, International Sales

The visualization shows the quarterly concentration of international sales of Diazo Compounds, Azo- or Azoxy at state level.

In the first quarter of 2025, international sales were US$1.35M, being the states with the most sales Estado de México (US$1.35M).

Exchange by Territory

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International Sales

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Estado de México: US$11.6M, State with the Most International Sales (2024)

United States: US$8.2M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Diazo Compounds, Azo- or Azoxy were Estado de México (US$11.6M) and Ciudad de México (US$95.2k).

In 2024, the countries with the most international purchases from Mexico were United States (US$8.2M), Belgium (US$1.81M), Canada (US$877k), Brazil (US$348k), and El Salvador (US$81.1k).

International Purchases

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Nuevo León: US$3.68M, State with the Most International Purchases (2024)

China: US$6.97M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Diazo Compounds, Azo- or Azoxy were Nuevo León (US$3.68M), Ciudad de México (US$1.58M), Estado de México (US$1.01M), Guanajuato (US$798k), and Jalisco (US$797k).

The countries with the most international sales to Mexico in 2024 were China (US$6.97M), United States (US$522k), India (US$209k), Thailand (US$179k), and South Korea (US$147k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Diazo Compounds, Azo- or Azoxy  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Diazo Compounds, Azo- or Azoxy. 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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  • 2.77%, Mexican share in global exports - 2022
  • 1.45%, Mexican share in global imports - 2022

The visualizations show the global market for Diazo Compounds, Azo- or Azoxy. 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 Diazo Compounds, Azo- or Azoxy were China (US$329M), Indonesia (US$84.7M), and India (US$69.4M). In the same year, the main importing countries for Diazo Compounds, Azo- or Azoxy were United States (US$88.1M), South Korea (US$78.9M), and Germany (US$53.5M).