ProceduresGovernment

Paraffin Oil Containing <0.75 Wt%

Código 271220 (Harmonized System 2012 by 6 digits)

 2024: US$256M, Total Trade Exchange

2024: US$263k, International Sales

  2024: US$255M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Paraffin Oil Containing <0.75 Wt% was US$256M.

In 2024, the states with the most international sales in Paraffin Oil Containing <0.75 Wt% were Nuevo León (US$195k).

The states with the most international purchases in 2024 were Estado de México (US$103M), Nuevo León (US$44.2M), Ciudad de México (US$42.1M), Puebla (US$21.3M), and Jalisco (US$9.38M).

In 2024, the main commercial destinations of Paraffin Oil Containing <0.75 Wt% were India (US$97.8k), Thailand (US$64.1k), Honduras (US$26.1k), Peru (US$3.56k), and Colombia (US$3.2k).

The main commercial origins of Paraffin Oil Containing <0.75 Wt% in 2024 were China (US$221M), United States (US$16.2M), Malaysia (US$4.5M), Taiwan (Republic of China) (US$2.97M), and South Africa (US$2.06M).

In the global context, the main exporting countries of Paraffin Oil Containing <0.75 Wt% in 2022 were China (US$1.21B), Malaysia (US$247M), and Spain (US$169M). In the same year, the main importing countries of Paraffin Oil Containing <0.75 Wt% were United States (US$380M), Mexico (US$328M), and Germany (US$269M).

Trade Balance of Mexico

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Net Trade Balance

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US$256M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Paraffin Oil Containing <0.75 Wt% in Mexico (including international purchases and sales) was US$256M.

The visualizations show the net balance of Paraffin Oil Containing <0.75 Wt% 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$18.8M, International Purchases

In March 2025, international sales of Paraffin Oil Containing <0.75 Wt% were US$0, while international purchases reached US$18.8M. The above results in a trade balance of -US$18.8M.

Exchange by Territory

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International Sales

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Nuevo León: US$195k, State with the Most International Sales (2024)

India: US$97.8k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Paraffin Oil Containing <0.75 Wt% were Nuevo León (US$195k).

In 2024, the countries with the most international purchases from Mexico were India (US$97.8k), Thailand (US$64.1k), Honduras (US$26.1k), Peru (US$3.56k), and Colombia (US$3.2k).

International Purchases

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Estado de México: US$103M, State with the Most International Purchases (2024)

China: US$221M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Paraffin Oil Containing <0.75 Wt% were Estado de México (US$103M), Nuevo León (US$44.2M), Ciudad de México (US$42.1M), Puebla (US$21.3M), and Jalisco (US$9.38M).

The countries with the most international sales to Mexico in 2024 were China (US$221M), United States (US$16.2M), Malaysia (US$4.5M), Taiwan (Republic of China) (US$2.97M), and South Africa (US$2.06M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Paraffin Oil Containing <0.75 Wt%  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Paraffin Oil Containing <0.75 Wt%. 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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  • 0.023%, Mexican share in global exports - 2022
  • 12.5%, Mexican share in global imports - 2022

The visualizations show the global market for Paraffin Oil Containing <0.75 Wt%. 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 Paraffin Oil Containing <0.75 Wt% were China (US$1.21B), Malaysia (US$247M), and Spain (US$169M). In the same year, the main importing countries for Paraffin Oil Containing <0.75 Wt% were United States (US$380M), Mexico (US$328M), and Germany (US$269M).