Código 271012 (Harmonized System 2012 by 6 digits)
2024: US$10.3B, Total Trade Exchange
2024: US$47.3M, International Sales
2024: US$10.2B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations was US$10.3B.
In 2024, the states with the most international sales in Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were Ciudad de México (US$46.4M), Estado de México (US$487k), and Nuevo León (US$115k).
The states with the most international purchases in 2024 were Ciudad de México (US$9.96B), Nuevo León (US$192M), Estado de México (US$35.8M), Querétaro (US$13.2M), and Tamaulipas (US$7.43M).
In 2024, the main commercial destinations of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were United States (US$45.1M), Guatemala (US$1.18M), El Salvador (US$410k), Brazil (US$79.7k), and Costa Rica (US$61.3k).
The main commercial origins of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations in 2024 were United States (US$9.84B), Singapore (US$266M), Malaysia (US$57.4M), China (US$42M), and Netherlands (US$7.16M).
In the global context, the main exporting countries of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations in 2022 were . In the same year, the main importing countries of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were .
US$10.3B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations in Mexico (including international purchases and sales) was US$10.3B.
The visualizations show the net balance of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and 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.
March, 2025
In March 2025, international sales of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were US$264k, while international purchases reached US$588M. The above results in a trade balance of -US$587M.
2025-Q1: US$144k, International Sales
The visualization shows the quarterly concentration of international sales of Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations at state level.
In the first quarter of 2025, international sales were US$144k, being the states with the most sales Estado de México (US$144k).
Ciudad de México: US$46.4M, State with the Most International Sales (2024)
United States: US$45.1M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were Ciudad de México (US$46.4M), Estado de México (US$487k), and Nuevo León (US$115k).
In 2024, the countries with the most international purchases from Mexico were United States (US$45.1M), Guatemala (US$1.18M), El Salvador (US$410k), Brazil (US$79.7k), and Costa Rica (US$61.3k).
Ciudad de México: US$9.96B, State with the Most International Purchases (2024)
United States: US$9.84B, Main Commercial Origin (2024)
In 2024, the states with the highest international in Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were Ciudad de México (US$9.96B), Nuevo León (US$192M), Estado de México (US$35.8M), Querétaro (US$13.2M), and Tamaulipas (US$7.43M).
The countries with the most international sales to Mexico in 2024 were United States (US$9.84B), Singapore (US$266M), Malaysia (US$57.4M), China (US$42M), and Netherlands (US$7.16M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and 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.
The visualizations show the global market for Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and 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 Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were . In the same year, the main importing countries for Petroleum Oils, Containing by Weight 70% or more of Petroleum Oils or Oils from Bituminous Minerals, Light Oils and Preparations were .