Stearic Acid, Industrial
Código 382311 (Harmonized System 2012 by 6 digits)
2024: US$60.1M, Total Trade Exchange
2024: US$339k, International Sales
2024: US$59.8M, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$23.6k, State with the Most International Sales (2024)
Costa Rica: US$12.8k, Main commercial destination (2024)
In 2024, the states with the highest international sales in Stearic Acid, Industrial were Ciudad de México (US$23.6k).
In 2024, the countries with the most international purchases from Mexico were Costa Rica (US$12.8k), Colombia (US$8.2k), United States (US$2.02k), Guatemala (US$326), and Brazil (US$192).
International Purchases
#permalink to sectionNuevo León: US$27.1M, State with the Most International Purchases (2024)
Indonesia: US$22.8M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Stearic Acid, Industrial were Nuevo León (US$27.1M), Ciudad de México (US$11.3M), Jalisco (US$9.04M), Estado de México (US$4.45M), and Tamaulipas (US$2.39M).
The countries with the most international sales to Mexico in 2024 were Indonesia (US$22.8M), United States (US$13.8M), Argentina (US$7.37M), China (US$7.07M), and Malaysia (US$4.87M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Stearic Acid, Industrial and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Stearic Acid, Industrial. 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
- 3.16%, Mexican share in global imports - 2022
The visualizations show the global market for Stearic Acid, Industrial. 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 Stearic Acid, Industrial were Indonesia (US$994M), Malaysia (US$514M), and Netherlands (US$95.2M). In the same year, the main importing countries for Stearic Acid, Industrial were China (US$481M), Netherlands (US$144M), and Turkey (US$119M).