Hydrogencarbonate "Bicarbonate" Sodium
Código 283630 (Harmonized System 2012 by 6 digits)
2024: US$26M, Total Trade Exchange
2024: US$1.67M, International Sales
2024: US$24.4M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Hydrogencarbonate "Bicarbonate" Sodium was US$26M.
In 2024, the states with the most international sales in Hydrogencarbonate "Bicarbonate" Sodium were Jalisco (US$807k), Nuevo León (US$759k), Estado de México (US$53.3k), and Ciudad de México (US$5.89k).
The states with the most international purchases in 2024 were Ciudad de México (US$14.8M), Estado de México (US$2.25M), Morelos (US$1.58M), Nuevo León (US$1.29M), and Chihuahua (US$897k).
In 2024, the main commercial destinations of Hydrogencarbonate "Bicarbonate" Sodium were United States (US$1.04M), Puerto Rico (US$260k), Costa Rica (US$209k), Guatemala (US$37.4k), and Honduras (US$15.4k).
The main commercial origins of Hydrogencarbonate "Bicarbonate" Sodium in 2024 were United States (US$21.3M), China (US$841k), Thailand (US$122k), Singapore (US$91.1k), and Germany (US$44.3k).
In the global context, the main exporting countries of Hydrogencarbonate "Bicarbonate" Sodium in 2022 were China (US$239M), Turkey (US$172M), and Germany (US$91.5M). In the same year, the main importing countries of Hydrogencarbonate "Bicarbonate" Sodium were South Korea (US$92.2M), France (US$89.9M), and Italy (US$53.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$26M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Hydrogencarbonate "Bicarbonate" Sodium in Mexico (including international purchases and sales) was US$26M.
The visualizations show the net balance of Hydrogencarbonate "Bicarbonate" Sodium 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 sectionMarch, 2025
- US$2.49M, International Purchases
- US$265k, International Sales
In March 2025, international sales of Hydrogencarbonate "Bicarbonate" Sodium were US$265k, while international purchases reached US$2.49M. The above results in a trade balance of -US$2.22M.
Market Concentration
#permalink to section2025-Q1: US$272k, International Sales
The visualization shows the quarterly concentration of international sales of Hydrogencarbonate "Bicarbonate" Sodium at state level.
In the first quarter of 2025, international sales were US$272k, being the states with the most sales Nuevo León (US$200k) and Estado de México (US$72.3k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$807k, State with the Most International Sales (2024)
United States: US$1.04M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Hydrogencarbonate "Bicarbonate" Sodium were Jalisco (US$807k), Nuevo León (US$759k), Estado de México (US$53.3k), and Ciudad de México (US$5.89k).
In 2024, the countries with the most international purchases from Mexico were United States (US$1.04M), Puerto Rico (US$260k), Costa Rica (US$209k), Guatemala (US$37.4k), and Honduras (US$15.4k).
International Purchases
#permalink to sectionCiudad de México: US$14.8M, State with the Most International Purchases (2024)
United States: US$21.3M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Hydrogencarbonate "Bicarbonate" Sodium were Ciudad de México (US$14.8M), Estado de México (US$2.25M), Morelos (US$1.58M), Nuevo León (US$1.29M), and Chihuahua (US$897k).
The countries with the most international sales to Mexico in 2024 were United States (US$21.3M), China (US$841k), Thailand (US$122k), Singapore (US$91.1k), and Germany (US$44.3k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hydrogencarbonate "Bicarbonate" Sodium and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hydrogencarbonate "Bicarbonate" Sodium. 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- 0.15%, Mexican share in global exports - 2022
- 1.28%, Mexican share in global imports - 2022
The visualizations show the global market for Hydrogencarbonate "Bicarbonate" Sodium. 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 Hydrogencarbonate "Bicarbonate" Sodium were China (US$239M), Turkey (US$172M), and Germany (US$91.5M). In the same year, the main importing countries for Hydrogencarbonate "Bicarbonate" Sodium were South Korea (US$92.2M), France (US$89.9M), and Italy (US$53.9M).