Petroleum Oils and Oils Obtained from Bituminous Minerals Or
Código 2709 (Harmonized System 2012 by 4 digits)
2023: US$27.6B, International Sales
2022: US$16.1k, International Purchases
In 2023, the states with the most international sales in Petroleum Oils and Oils Obtained from Bituminous Minerals Or were Ciudad de México (US$27.6B).
The states with the most international purchases in 2018 were Ciudad de México (US$74.8M).
In 2015, the main commercial destinations of Petroleum Oils and Oils Obtained from Bituminous Minerals Or were United States (US$11.4B), Spain (US$2.14B), India (US$1.31B), Japan (US$817M), and South Korea (US$777M).
The main commercial origins of Petroleum Oils and Oils Obtained from Bituminous Minerals Or in 2018 were United States (US$74.8M) and South Korea (US$0).
In the global context, the main exporting countries of Petroleum Oils and Oils Obtained from Bituminous Minerals Or in 2022 were Saudi Arabia (US$239B), Russia (US$135B), and Canada (US$124B). In the same year, the main importing countries of Petroleum Oils and Oils Obtained from Bituminous Minerals Or were China (US$315B), United States (US$201B), and India (US$174B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Petroleum Oils and Oils Obtained from Bituminous Minerals Or 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 sectionDecember, 2023: US$2.1B, International Sales
In December 2023, international sales of Petroleum Oils and Oils Obtained from Bituminous Minerals Or were US$2.1B, while international purchases reached US$0. The above results in a trade balance of US$2.1B.
Market Concentration
#permalink to section2024-Q1: US$2.1B, International Sales
The visualization shows the quarterly concentration of international sales of Petroleum Oils and Oils Obtained from Bituminous Minerals Or at state level.
In the first quarter of 2024, international sales were US$2.1B, being the states with the most sales Ciudad de México (US$2.1B).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$27.6B, State with the Most International Sales (2023)
United States: US$11.4B, Main commercial destination (2015)
In 2023, the states with the highest international sales in Petroleum Oils and Oils Obtained from Bituminous Minerals Or were Ciudad de México (US$27.6B).
In 2015, the countries with the most international purchases from Mexico were United States (US$11.4B), Spain (US$2.14B), India (US$1.31B), Japan (US$817M), and South Korea (US$777M).
International Purchases
#permalink to sectionCiudad de México: US$74.8M, State with the Most International Purchases (2018)
United States: US$74.8M, Main Commercial Origin (2018)
In 2018, the states with the highest international in Petroleum Oils and Oils Obtained from Bituminous Minerals Or were Ciudad de México (US$74.8M).
The countries with the most international sales to Mexico in 2018 were United States (US$74.8M) and South Korea (US$0).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Petroleum Oils and Oils Obtained from Bituminous Minerals Or and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Petroleum Oils and Oils Obtained from Bituminous Minerals Or. 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- 2.58%, Mexican share in global exports - 2022
- 0.0000078%, Mexican share in global imports - 2022
The visualizations show the global market for Petroleum Oils and Oils Obtained from Bituminous Minerals Or. 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 Oils and Oils Obtained from Bituminous Minerals Or were Saudi Arabia (US$239B), Russia (US$135B), and Canada (US$124B). In the same year, the main importing countries for Petroleum Oils and Oils Obtained from Bituminous Minerals Or were China (US$315B), United States (US$201B), and India (US$174B).