Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums
Código 3806 (Harmonized System 2012 by 4 digits)
2023: US$66.9M, Total Trade Exchange
2023: US$41.6M, International Sales
2023: US$25.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums was US$66.9M.
In 2023, the states with the most international sales in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Ciudad de México (US$29.7M) and Estado de México (US$3.6M).
The states with the most international purchases in 2023 were Estado de México (US$15.8M), Ciudad de México (US$3.47M), Nuevo León (US$1.73M), San Luis Potosí (US$320k), and Querétaro (US$315k).
In 2023, the main commercial destinations of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were United States (US$17.1M), Turkey (US$3.8M), Poland (US$3.07M), Ireland (US$2.34M), and China (US$1.72M).
The main commercial origins of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums in 2023 were United States (US$15.1M), China (US$2.19M), Brazil (US$1.78M), Greece (US$985k), and Indonesia (US$938k).
In the global context, the main exporting countries of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums in 2022 were China (US$236M), Portugal (US$191M), and Brazil (US$188M). In the same year, the main importing countries of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Germany (US$170M), China (US$139M), and Japan (US$122M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$66.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums in Mexico (including international purchases and sales) was US$66.9M.
The visualizations show the net balance of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums 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 sectionNovember, 2024
- US$2.14M, International Purchases
- US$3.3M, International Sales
In November 2024, international sales of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were US$3.3M, while international purchases reached US$2.14M. The above results in a trade balance of US$1.16M.
Market Concentration
#permalink to section2024-Q4: US$1.87M, International Sales
The visualization shows the quarterly concentration of international sales of Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums at state level.
In the fourth quarter of 2024, international sales were US$1.87M, being the states with the most sales Ciudad de México (US$1.87M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$29.7M, State with the Most International Sales (2023)
United States: US$17.1M, Main commercial destination (2023)
In 2023, 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$29.7M) and Estado de México (US$3.6M).
In 2023, the countries with the most international purchases from Mexico were United States (US$17.1M), Turkey (US$3.8M), Poland (US$3.07M), Ireland (US$2.34M), and China (US$1.72M).
International Purchases
#permalink to sectionEstado de México: US$15.8M, State with the Most International Purchases (2023)
United States: US$15.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rosin and Resin Acids, and Derivatives Thereof; Essence and Rosin Oils; Gums were Estado de México (US$15.8M), Ciudad de México (US$3.47M), Nuevo León (US$1.73M), San Luis Potosí (US$320k), and Querétaro (US$315k).
The countries with the most international sales to Mexico in 2023 were United States (US$15.1M), China (US$2.19M), Brazil (US$1.78M), Greece (US$985k), and Indonesia (US$938k).
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).