Lubricating Preparations
Código 340399 (Harmonized System 2012 by 6 digits)
2024: US$257M, Total Trade Exchange
2024: US$13.9M, International Sales
2024: US$243M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Lubricating Preparations was US$257M.
In 2024, the states with the most international sales in Lubricating Preparations were Nuevo León (US$3.95M), Jalisco (US$3.88M), Ciudad de México (US$1.77M), Querétaro (US$1.54M), and Estado de México (US$1.22M).
The states with the most international purchases in 2024 were Ciudad de México (US$51.9M), Querétaro (US$42M), Nuevo León (US$34.5M), Estado de México (US$20M), and Tamaulipas (US$17.3M).
In 2024, the main commercial destinations of Lubricating Preparations were United States (US$6.45M), Guatemala (US$1.2M), Colombia (US$1.16M), Brazil (US$1.06M), and Canada (US$515k).
The main commercial origins of Lubricating Preparations in 2024 were United States (US$161M), Germany (US$32.2M), Japan (US$15.6M), Italy (US$9.06M), and Spain (US$4M).
In the global context, the main exporting countries of Lubricating Preparations in 2022 were United States (US$1.18B), Germany (US$867M), and Japan (US$527M). In the same year, the main importing countries of Lubricating Preparations were China (US$709M), Germany (US$298M), and United States (US$246M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$257M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Lubricating Preparations in Mexico (including international purchases and sales) was US$257M.
The visualizations show the net balance of Lubricating Preparations 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$23.2M, International Purchases
- US$1.17M, International Sales
In March 2025, international sales of Lubricating Preparations were US$1.17M, while international purchases reached US$23.2M. The above results in a trade balance of -US$22.1M.
Market Concentration
#permalink to section2025-Q1: US$3.34M, International Sales
The visualization shows the quarterly concentration of international sales of Lubricating Preparations at state level.
In the first quarter of 2025, international sales were US$3.34M, being the states with the most sales Nuevo León (US$1.08M), Jalisco (US$995k), and Ciudad de México (US$410k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$3.95M, State with the Most International Sales (2024)
United States: US$6.45M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Lubricating Preparations were Nuevo León (US$3.95M), Jalisco (US$3.88M), Ciudad de México (US$1.77M), Querétaro (US$1.54M), and Estado de México (US$1.22M).
In 2024, the countries with the most international purchases from Mexico were United States (US$6.45M), Guatemala (US$1.2M), Colombia (US$1.16M), Brazil (US$1.06M), and Canada (US$515k).
International Purchases
#permalink to sectionCiudad de México: US$51.9M, State with the Most International Purchases (2024)
United States: US$161M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Lubricating Preparations were Ciudad de México (US$51.9M), Querétaro (US$42M), Nuevo León (US$34.5M), Estado de México (US$20M), and Tamaulipas (US$17.3M).
The countries with the most international sales to Mexico in 2024 were United States (US$161M), Germany (US$32.2M), Japan (US$15.6M), Italy (US$9.06M), and Spain (US$4M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lubricating Preparations and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lubricating Preparations. 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- 0.3%, Mexican share in global exports - 2022
- 4.65%, Mexican share in global imports - 2022
The visualizations show the global market for Lubricating Preparations. 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 Lubricating Preparations were United States (US$1.18B), Germany (US$867M), and Japan (US$527M). In the same year, the main importing countries for Lubricating Preparations were China (US$709M), Germany (US$298M), and United States (US$246M).