ProceduresGovernment

Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils

Código 381190 (Harmonized System 2012 by 6 digits)

 2021: US$312M, Total Trade Exchange

2021: US$4.21M, International Sales

  2021: US$307M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils was US$312M.

In 2021, the states with the most international sales in Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were Nuevo León (US$2.91M), Ciudad de México (US$577k), Jalisco (US$298k), Estado de México (US$63.9k), and Chihuahua (US$4.37k).

The states with the most international purchases in 2021 were Ciudad de México (US$180M), Tamaulipas (US$87.1M), Estado de México (US$10.4M), Nuevo León (US$8.88M), and Jalisco (US$5.2M).

In 2021, the main commercial destinations of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were United States (US$1.8M), Dominican Republic (US$599k), Ecuador (US$386k), Brazil (US$269k), and Venezuela (US$175k).

The main commercial origins of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils in 2021 were United States (US$302M), Germany (US$1.87M), Japan (US$891k), South Korea (US$652k), and China (US$472k).

In the global context, the main exporting countries of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils in 2020 were United States (US$615M), Germany (US$494M), and Belgium (US$124M). In the same year, the main importing countries of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were Mexico (US$233M), Canada (US$118M), and Russia (US$89.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$312M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils in Mexico (including international purchases and sales) was US$312M.

The visualizations show the net balance of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils 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

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August, 2022

  • US$39.9M, International Purchases
  • US$358k, International Sales

In August 2022, international sales of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were US$358k, while international purchases reached US$39.9M. The above results in a trade balance of -US$39.6M.

Market Concentration

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2022-Q3: US$920k, International Sales

The visualization shows the quarterly concentration of international sales of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils at state level.

In the third quarter of 2022, international sales were US$920k, being the states with the most sales Nuevo León (US$841k), Jalisco (US$49.4k), and Ciudad de México (US$18.8k).

Exchange by Territory

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International Sales

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Nuevo León: US$2.91M, State with the Most International Sales (2021)

United States: US$1.8M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were Nuevo León (US$2.91M), Ciudad de México (US$577k), Jalisco (US$298k), Estado de México (US$63.9k), and Chihuahua (US$4.37k).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.8M), Dominican Republic (US$599k), Ecuador (US$386k), Brazil (US$269k), and Venezuela (US$175k).

International Purchases

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Ciudad de México: US$180M, State with the Most International Purchases (2021)

United States: US$302M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were Ciudad de México (US$180M), Tamaulipas (US$87.1M), Estado de México (US$10.4M), Nuevo León (US$8.88M), and Jalisco (US$5.2M).

The countries with the most international sales to Mexico in 2021 were United States (US$302M), Germany (US$1.87M), Japan (US$891k), South Korea (US$652k), and China (US$472k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils. 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

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  • 0.18%, Mexican share in global exports - 2020
  • 11.4%, Mexican share in global imports - 2020

The visualizations show the global market for Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were United States (US$615M), Germany (US$494M), and Belgium (US$124M). In the same year, the main importing countries for Oxidation Inhibitors, Gum Inhibitors, Viscosity Improvers, Corrosion Inhibitors and other Prepared Additives for Mineral Oils were Mexico (US$233M), Canada (US$118M), and Russia (US$89.7M).