Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums
Código 3806 (Harmonized System 2012 by 4 digits)
2024: US$72.7M, Total Trade Exchange
2024: US$45.9M, International Sales
2024: US$26.8M, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$32M, State with the Most International Sales (2024)
United States: US$17.4M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Ciudad de México (US$32M) and Estado de México (US$4.54M).
In 2024, the countries with the most international purchases from Mexico were United States (US$17.4M), Turkey (US$3.99M), Ireland (US$3.59M), China (US$2.1M), and Poland (US$1.96M).
International Purchases
#permalink to sectionEstado de México: US$12.6M, State with the Most International Purchases (2024)
United States: US$11.3M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Estado de México (US$12.6M), Ciudad de México (US$7.84M), Nuevo León (US$1.81M), Guanajuato (US$708k), and Querétaro (US$397k).
The countries with the most international sales to Mexico in 2024 were United States (US$11.3M), Greece (US$5.09M), Brazil (US$2.66M), China (US$1.88M), and Italy (US$604k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums. 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- 2.16%, Mexican share in global exports - 2022
- 1.53%, Mexican share in global imports - 2022
The visualizations show the global market for Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums. 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 Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were China (US$236M), Portugal (US$191M), and Brazil (US$188M). In the same year, the main importing countries for Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Germany (US$170M), China (US$139M), and Japan (US$122M).