The Articles of Plastics and Articles of other Materials
Código 3926 (Harmonized System 2012 by 4 digits)
2023: US$8.3B, Total Trade Exchange
2023: US$2.55B, International Sales
2023: US$5.74B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of The Articles of Plastics and Articles of other Materials was US$8.3B.
In 2023, the states with the most international sales in The Articles of Plastics and Articles of other Materials were Chihuahua (US$615M), Baja California (US$585M), Nuevo León (US$360M), Tamaulipas (US$226M), and Jalisco (US$178M).
The states with the most international purchases in 2023 were Chihuahua (US$919M), Baja California (US$756M), Nuevo León (US$655M), Ciudad de México (US$516M), and Coahuila de Zaragoza (US$478M).
In 2023, the main commercial destinations of The Articles of Plastics and Articles of other Materials were United States (US$2.25B), Nicaragua (US$70.7M), China (US$34M), Canada (US$24.8M), and Brazil (US$16M).
The main commercial origins of The Articles of Plastics and Articles of other Materials in 2023 were United States (US$2.98B), China (US$1.15B), Germany (US$306M), Japan (US$223M), and South Korea (US$184M).
In the global context, the main exporting countries of The Articles of Plastics and Articles of other Materials in 2022 were China (US$32.8B), Germany (US$10.5B), and United States (US$8.91B). In the same year, the main importing countries of The Articles of Plastics and Articles of other Materials were United States (US$16.3B), Germany (US$7.86B), and Mexico (US$5.18B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$8.3B, Total Trade Exchange (2023)
In 2023, the total trade exchange of The Articles of Plastics and Articles of other Materials in Mexico (including international purchases and sales) was US$8.3B.
The visualizations show the net balance of The Articles of Plastics and Articles of other Materials 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 sectionMarch, 2024
- US$523M, International Purchases
- US$229M, International Sales
In March 2024, international sales of The Articles of Plastics and Articles of other Materials were US$229M, while international purchases reached US$523M. The above results in a trade balance of -US$294M.
Market Concentration
#permalink to section2024-Q2: US$228M, International Sales
The visualization shows the quarterly concentration of international sales of The Articles of Plastics and Articles of other Materials at state level.
In the second quarter of 2024, international sales were US$228M, being the states with the most sales Chihuahua (US$51.2M), Baja California (US$49.5M), and Nuevo León (US$29.2M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$615M, State with the Most International Sales (2023)
United States: US$2.25B, Main commercial destination (2023)
In 2023, the states with the highest international sales in The Articles of Plastics and Articles of other Materials were Chihuahua (US$615M), Baja California (US$585M), Nuevo León (US$360M), Tamaulipas (US$226M), and Jalisco (US$178M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.25B), Nicaragua (US$70.7M), China (US$34M), Canada (US$24.8M), and Brazil (US$16M).
International Purchases
#permalink to sectionChihuahua: US$919M, State with the Most International Purchases (2023)
United States: US$2.98B, Main Commercial Origin (2023)
In 2023, the states with the highest international in The Articles of Plastics and Articles of other Materials were Chihuahua (US$919M), Baja California (US$756M), Nuevo León (US$655M), Ciudad de México (US$516M), and Coahuila de Zaragoza (US$478M).
The countries with the most international sales to Mexico in 2023 were United States (US$2.98B), China (US$1.15B), Germany (US$306M), Japan (US$223M), and South Korea (US$184M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in The Articles of Plastics and Articles of other Materials and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in The Articles of Plastics and Articles of other Materials. 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- 2.54%, Mexican share in global exports - 2022
- 5.33%, Mexican share in global imports - 2022
The visualizations show the global market for The Articles of Plastics and Articles of other Materials. 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 The Articles of Plastics and Articles of other Materials were China (US$32.8B), Germany (US$10.5B), and United States (US$8.91B). In the same year, the main importing countries for The Articles of Plastics and Articles of other Materials were United States (US$16.3B), Germany (US$7.86B), and Mexico (US$5.18B).