Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips

Código 4002 (Harmonized System 2012 by 4 digits)

 2021: US$909M, Total Trade Exchange

2021: US$308M, International Sales

  2021: US$601M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips was US$909M.

In 2021, the states with the most international sales in Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were Tamaulipas (US$288M), Aguascalientes (US$5.39M), Ciudad de México (US$3.75M), San Luis Potosí (US$3.46M), and Chihuahua (US$2.81M).

The states with the most international purchases in 2021 were Ciudad de México (US$148M), Guanajuato (US$111M), San Luis Potosí (US$63M), Querétaro (US$47.8M), and Jalisco (US$43.7M).

In 2021, the main commercial destinations of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were United States (US$147M), Brazil (US$55.1M), Belgium (US$20.2M), Spain (US$18.8M), and Costa Rica (US$12.1M).

The main commercial origins of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips in 2021 were United States (US$366M), Russia (US$53.1M), South Korea (US$41.3M), Germany (US$31.4M), and Japan (US$30.6M).

In the global context, the main exporting countries of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips in 2020 were Thailand (US$2.52B), South Korea (US$2.41B), and Japan (US$2.07B). In the same year, the main importing countries of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were China (US$7.31B), United States (US$1.16B), and Malaysia (US$1.15B).

Trade Balance of Mexico

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Net Trade Balance

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US$909M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips in Mexico (including international purchases and sales) was US$909M.

The visualizations show the net balance of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips 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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May, 2022

  • US$59.4M, International Purchases
  • US$35.9M, International Sales

In May 2022, international sales of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were US$35.9M, while international purchases reached US$59.4M. The above results in a trade balance of -US$23.5M.

Market Concentration

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2022-Q2: US$64.6M, International Sales

The visualization shows the quarterly concentration of international sales of Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips at state level.

In the second quarter of 2022, international sales were US$64.6M, being the states with the most sales Tamaulipas (US$62.8M), Guanajuato (US$832k), and Ciudad de México (US$412k).

Exchange by Territory

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International Sales

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Tamaulipas: US$288M, State with the Most International Sales (2021)

United States: US$147M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were Tamaulipas (US$288M), Aguascalientes (US$5.39M), Ciudad de México (US$3.75M), San Luis Potosí (US$3.46M), and Chihuahua (US$2.81M).

In 2021, the countries with the most international purchases from Mexico were United States (US$147M), Brazil (US$55.1M), Belgium (US$20.2M), Spain (US$18.8M), and Costa Rica (US$12.1M).

International Purchases

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Ciudad de México: US$148M, State with the Most International Purchases (2021)

United States: US$366M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were Ciudad de México (US$148M), Guanajuato (US$111M), San Luis Potosí (US$63M), Querétaro (US$47.8M), and Jalisco (US$43.7M).

The countries with the most international sales to Mexico in 2021 were United States (US$366M), Russia (US$53.1M), South Korea (US$41.3M), Germany (US$31.4M), and Japan (US$30.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips. 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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  • 0.97%, Mexican share in global exports - 2020
  • 1.75%, Mexican share in global imports - 2020

The visualizations show the global market for Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips. 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 Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were Thailand (US$2.52B), South Korea (US$2.41B), and Japan (US$2.07B). In the same year, the main importing countries for Synthetic Rubber and Factice Derived from Oils, in Primary Forms or in Plates, Sheets or Strips were China (US$7.31B), United States (US$1.16B), and Malaysia (US$1.15B).