Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not
Código 1521 (Harmonized System 2012 by 4 digits)
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not. 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- 2.89%, Mexican share in global exports - 2022
- 1.32%, Mexican share in global imports - 2022
The visualizations show the global market for Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not. 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 Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not were N/A. In the same year, the main importing countries for Vegetable Waxes (Other than Triglycerides), Beeswax, other Insect and Spermaceti or other Cetaceans (Spermaceti), whether Refined or Not were United States (US$63.9M), Germany (US$63.9M), and Japan (US$29.6M).