ProceduresGovernment

Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg

Código 3506 (Harmonized System 2012 by 4 digits)

 2023: US$860M, Total Trade Exchange

2023: US$176M, International Sales

  2023: US$684M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg was US$860M.

In 2023, the states with the most international sales in Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were Estado de México (US$142M), Baja California (US$11.3M), Jalisco (US$5.3M), Ciudad de México (US$4.81M), and Nuevo León (US$4.03M).

The states with the most international purchases in 2023 were Estado de México (US$99.5M), Ciudad de México (US$97.1M), Baja California (US$90.7M), Chihuahua (US$85.7M), and Nuevo León (US$71.5M).

In 2023, the main commercial destinations of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were United States (US$85.7M), Brazil (US$29.6M), Canada (US$10.6M), Colombia (US$10.1M), and Peru (US$6.17M).

The main commercial origins of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg in 2023 were United States (US$455M), China (US$50.5M), Germany (US$34.6M), South Korea (US$26M), and Japan (US$25.2M).

In the global context, the main exporting countries of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg in 2022 were Germany (US$2.56B), China (US$2.46B), and United States (US$1.85B). In the same year, the main importing countries of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were China (US$1.45B), Germany (US$832M), and United States (US$750M).

Trade Balance of Mexico

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Net Trade Balance

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US$860M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg in Mexico (including international purchases and sales) was US$860M.

The visualizations show the net balance of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg 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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January, 2024

  • US$59.7M, International Purchases
  • US$13.1M, International Sales

In January 2024, international sales of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were US$13.1M, while international purchases reached US$59.7M. The above results in a trade balance of -US$46.7M.

Market Concentration

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2024-Q1: US$26.2M, International Sales

The visualization shows the quarterly concentration of international sales of Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg at state level.

In the first quarter of 2024, international sales were US$26.2M, being the states with the most sales Estado de México (US$20M), Baja California (US$1.69M), and Nuevo León (US$1.64M).

Exchange by Territory

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International Sales

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Estado de México: US$142M, State with the Most International Sales (2023)

United States: US$85.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were Estado de México (US$142M), Baja California (US$11.3M), Jalisco (US$5.3M), Ciudad de México (US$4.81M), and Nuevo León (US$4.03M).

In 2023, the countries with the most international purchases from Mexico were United States (US$85.7M), Brazil (US$29.6M), Canada (US$10.6M), Colombia (US$10.1M), and Peru (US$6.17M).

International Purchases

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Estado de México: US$99.5M, State with the Most International Purchases (2023)

United States: US$455M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were Estado de México (US$99.5M), Ciudad de México (US$97.1M), Baja California (US$90.7M), Chihuahua (US$85.7M), and Nuevo León (US$71.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$455M), China (US$50.5M), Germany (US$34.6M), South Korea (US$26M), and Japan (US$25.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg. 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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  • 1.23%, Mexican share in global exports - 2022
  • 4.39%, Mexican share in global imports - 2022

The visualizations show the global market for Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg. 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 Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were Germany (US$2.56B), China (US$2.46B), and United States (US$1.85B). In the same year, the main importing countries for Products Suitable for Use as Glues or Adhesives, put up for Retail as Glues or Adhesives, Net Weight not Exceeding 1 Kg were China (US$1.45B), Germany (US$832M), and United States (US$750M).