ProceduresGovernment

Plastics Articles for the Conveyance or Packing of Goods

Código 3923 (Harmonized System 2012 by 4 digits)

 2023: US$6.67B, Total Trade Exchange

2023: US$3.02B, International Sales

  2023: US$3.64B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Plastics Articles for the Conveyance or Packing of Goods was US$6.67B.

In 2023, the states with the most international sales in Plastics Articles for the Conveyance or Packing of Goods were Estado de México (US$459M), Nuevo León (US$391M), Chihuahua (US$330M), Baja California (US$313M), and Coahuila de Zaragoza (US$274M).

The states with the most international purchases in 2023 were Baja California (US$594M), Chihuahua (US$438M), Ciudad de México (US$397M), Nuevo León (US$388M), and Estado de México (US$304M).

In 2023, the main commercial destinations of Plastics Articles for the Conveyance or Packing of Goods were United States (US$2.73B), Nicaragua (US$40M), Canada (US$30.3M), Guatemala (US$28.7M), and El Salvador (US$20.9M).

The main commercial origins of Plastics Articles for the Conveyance or Packing of Goods in 2023 were United States (US$2.69B), China (US$338M), Germany (US$100M), South Korea (US$56.4M), and Canada (US$43.2M).

In the global context, the main exporting countries of Plastics Articles for the Conveyance or Packing of Goods in 2022 were China (US$13.1B), United States (US$6.98B), and Germany (US$6.08B). In the same year, the main importing countries of Plastics Articles for the Conveyance or Packing of Goods were United States (US$11.1B), Germany (US$4.92B), and France (US$3.54B).

Trade Balance of Mexico

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Net Trade Balance

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US$6.67B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Plastics Articles for the Conveyance or Packing of Goods in Mexico (including international purchases and sales) was US$6.67B.

The visualizations show the net balance of Plastics Articles for the Conveyance or Packing of Goods 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$321M, International Purchases
  • US$268M, International Sales

In February 2024, international sales of Plastics Articles for the Conveyance or Packing of Goods were US$268M, while international purchases reached US$321M. The above results in a trade balance of -US$52.8M.

Market Concentration

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2024-Q1: US$731M, International Sales

The visualization shows the quarterly concentration of international sales of Plastics Articles for the Conveyance or Packing of Goods at state level.

In the first quarter of 2024, international sales were US$731M, being the states with the most sales Estado de México (US$106M), Nuevo León (US$90.9M), and Chihuahua (US$78M).

Exchange by Territory

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International Sales

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Estado de México: US$459M, State with the Most International Sales (2023)

United States: US$2.73B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Plastics Articles for the Conveyance or Packing of Goods were Estado de México (US$459M), Nuevo León (US$391M), Chihuahua (US$330M), Baja California (US$313M), and Coahuila de Zaragoza (US$274M).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.73B), Nicaragua (US$40M), Canada (US$30.3M), Guatemala (US$28.7M), and El Salvador (US$20.9M).

International Purchases

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Baja California: US$594M, State with the Most International Purchases (2023)

United States: US$2.69B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Plastics Articles for the Conveyance or Packing of Goods were Baja California (US$594M), Chihuahua (US$438M), Ciudad de México (US$397M), Nuevo León (US$388M), and Estado de México (US$304M).

The countries with the most international sales to Mexico in 2023 were United States (US$2.69B), China (US$338M), Germany (US$100M), South Korea (US$56.4M), and Canada (US$43.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Plastics Articles for the Conveyance or Packing of Goods  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Plastics Articles for the Conveyance or Packing of Goods. 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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  • 3.07%, Mexican share in global exports - 2022
  • 4.72%, Mexican share in global imports - 2022

The visualizations show the global market for Plastics Articles for the Conveyance or Packing of Goods. 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 Plastics Articles for the Conveyance or Packing of Goods were China (US$13.1B), United States (US$6.98B), and Germany (US$6.08B). In the same year, the main importing countries for Plastics Articles for the Conveyance or Packing of Goods were United States (US$11.1B), Germany (US$4.92B), and France (US$3.54B).