Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross

Código 3105 (Harmonized System 2012 by 4 digits)

 2020: US$776M, Total Trade Exchange

2020: US$225M, International Sales

  2020: US$550M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross was N/A.

In 2020, the states with the most international sales in Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Michoacán de Ocampo (US$150M), Nuevo León (US$23.4M), Veracruz de Ignacio de la Llave (US$19.6M), Coahuila de Zaragoza (US$10.9M), and Jalisco (US$4.14M).

In the same year, the states with the most international purchases were Jalisco (US$344M), Sonora (US$66.4M), Ciudad de México (US$37.2M), Querétaro (US$28.7M), and Veracruz de Ignacio de la Llave (US$16.2M).

In 2020, the main commercial destinations of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were United States (US$81M), Brazil (US$35.7M), Guatemala (US$24.8M), Switzerland (US$14.2M), and Peru (US$10.9M).

In the same year, the main commercial origins of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Russia (US$134M), United States (US$103M), Chile (US$89.8M), Norway (US$54.9M), and China (US$46.8M).

In the global context, the main exporting countries of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross in 2019 were China (US$4.15B), Russia (US$3.58B), and Morocco (US$2.82B). In the same year, the main importing countries of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Brazil (US$2.87B), India (US$2.44B), and United States (US$1.39B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section
info-sign

US$776M, Total Trade Exchange (2020)

In 2020, the total trade exchange of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross in Mexico (including international purchases and sales) was US$776M.

The visualizations show the net balance of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross 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 section

June, 2021

  • US$57.3M, International Purchases
  • US$30.1M, International Sales

In June 2021, international sales of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were US$30.1M, while international purchases reached US$57.3M. The above results in a trade balance of -US$27.2M.

Market Concentration

#permalink to section

2021-Q2: US$25.1M, International Sales

The visualization shows the quarterly concentration of international sales of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross at state level.

In the second quarter of 2021, international sales were US$25.1M, being the states with the most sales Michoacán de Ocampo (US$15.1M), Nuevo León (US$6.33M), and Coahuila de Zaragoza (US$2.01M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section
info-sign

Michoacán de Ocampo: US$150M, State with the Most International Sales (2020)

United States: US$81M, Main commercial destination (2020)

In 2020, the states with the highest international sales in Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Michoacán de Ocampo (US$150M), Nuevo León (US$23.4M), Veracruz de Ignacio de la Llave (US$19.6M), Coahuila de Zaragoza (US$10.9M), and Jalisco (US$4.14M).

In 2020, the countries with the most international purchases from Mexico were United States (US$81M), Brazil (US$35.7M), Guatemala (US$24.8M), Switzerland (US$14.2M), and Peru (US$10.9M).

International Purchases

#permalink to section
info-sign

Jalisco: US$344M, State with the Most International Purchases (2020)

Russia: US$134M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Jalisco (US$344M), Sonora (US$66.4M), Ciudad de México (US$37.2M), Querétaro (US$28.7M), and Veracruz de Ignacio de la Llave (US$16.2M).

The countries with the most international sales to Mexico were Russia (US$134M), United States (US$103M), Chile (US$89.8M), Norway (US$54.9M), and China (US$46.8M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross. 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.

Origins and Trade Destinations

#permalink to section

  • 0.98%, Mexican share in global exports - 2019
  • 2.06%, Mexican share in global imports - 2019

The visualizations show the global market for Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2019, the main exporting countries of Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were China (US$4.15B), Russia (US$3.58B), and Morocco (US$2.82B). In the same year, the main importing countries for Mineral or Chemical, with two or three of the Fertilizing Elements Nitrogen, Phosphorus and Potassium; in Packages of a Weight not Exceeding 10 Kg Gross were Brazil (US$2.87B), India (US$2.44B), and United States (US$1.39B).