ProceduresGovernment

Petroleum Gas

Código 2711 (Harmonized System 2012 by 4 digits)

 2023: US$9.41B, Total Trade Exchange

2023: US$18.6M, International Sales

  2023: US$9.39B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Petroleum Gas was US$9.41B.

In 2023, the states with the most international sales in Petroleum Gas were Ciudad de México (US$18.5M).

The states with the most international purchases in 2023 were Ciudad de México (US$7.84B), Nuevo León (US$666M), Chihuahua (US$372M), Coahuila de Zaragoza (US$247M), and Baja California (US$85.1M).

In 2023, the main commercial destinations of Petroleum Gas were United States (US$18.5M), Honduras (US$211), and Costa Rica (US$167).

The main commercial origins of Petroleum Gas in 2023 were United States (US$9.16B), Canada (US$62.1M), Indonesia (US$37.7M), Peru (US$33.2M), and China (US$713k).

In the global context, the main exporting countries of Petroleum Gas in 2022 were Norway (US$150B), United States (US$129B), and Russia (US$72.4B). In the same year, the main importing countries of Petroleum Gas were Germany (US$97.9B), China (US$77.6B), and Italy (US$68B).

Trade Balance of Mexico

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Net Trade Balance

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US$9.41B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Petroleum Gas in Mexico (including international purchases and sales) was US$9.41B.

The visualizations show the net balance of Petroleum Gas 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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February, 2024

  • US$575M, International Purchases
  • US$33.9k, International Sales

In February 2024, international sales of Petroleum Gas were US$33.9k, while international purchases reached US$575M. The above results in a trade balance of -US$575M.

Exchange by Territory

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International Sales

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Ciudad de México: US$18.5M, State with the Most International Sales (2023)

United States: US$18.5M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Petroleum Gas were Ciudad de México (US$18.5M).

In 2023, the countries with the most international purchases from Mexico were United States (US$18.5M), Honduras (US$211), and Costa Rica (US$167).

International Purchases

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Ciudad de México: US$7.84B, State with the Most International Purchases (2023)

United States: US$9.16B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Petroleum Gas were Ciudad de México (US$7.84B), Nuevo León (US$666M), Chihuahua (US$372M), Coahuila de Zaragoza (US$247M), and Baja California (US$85.1M).

The countries with the most international sales to Mexico in 2023 were United States (US$9.16B), Canada (US$62.1M), Indonesia (US$37.7M), Peru (US$33.2M), and China (US$713k).

Specialization

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Specialization by State

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

RCA values ​​greater than 1 indicate that the state has comparative advantages in Petroleum Gas. 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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  • 0.0028%, Mexican share in global exports - 2022
  • 1.94%, Mexican share in global imports - 2022

The visualizations show the global market for Petroleum Gas. 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 Petroleum Gas were Norway (US$150B), United States (US$129B), and Russia (US$72.4B). In the same year, the main importing countries for Petroleum Gas were Germany (US$97.9B), China (US$77.6B), and Italy (US$68B).