Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye"
Código 281512 (Harmonized System 2012 by 6 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$5.92M, State with the Most International Sales (2024)
Jamaica: US$1.8M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Veracruz de Ignacio de la Llave (US$5.92M) and Ciudad de México (US$4.27k).
In 2024, the countries with the most international purchases from Mexico were Jamaica (US$1.8M), Greece (US$1.73M), Italy (US$977k), Trinidad and Tobago (US$814k), and Dominican Republic (US$326k).
International Purchases
#permalink to sectionCiudad de México: US$33.5M, State with the Most International Purchases (2024)
United States: US$49.4M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Ciudad de México (US$33.5M), Estado de México (US$13.8M), Baja California (US$2.38M), Sonora (US$329k), and Querétaro (US$85.6k).
The countries with the most international sales to Mexico in 2024 were United States (US$49.4M), Germany (US$346k), Taiwan (Region) (US$203k), Japan (US$146k), and India (US$49.8k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye". 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- N/A%, Mexican share in global exports - 2022
- 1.81%, Mexican share in global imports - 2022
The visualizations show the global market for Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye". 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 Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were United States (US$2.18B), China (US$1.29B), and Germany (US$806M). In the same year, the main importing countries for Sodium Hydroxide "Caustic Soda Or" Aqueous Solution "Caustic Soda Lye" were Australia (US$1.43B), Brazil (US$1.16B), and United States (US$511M).