The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Anchors, Grapnels and Parts Thereof, of Iron or Steel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Anchors, Grapnels and Parts Thereof, of Iron or Steel. 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.
The visualizations show the global market for Anchors, Grapnels and Parts Thereof, of Iron or Steel. 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 Anchors, Grapnels and Parts Thereof, of Iron or Steel were China (US$1.29B), Netherlands (US$244M), and United States (US$219M). In the same year, the main importing countries for Anchors, Grapnels and Parts Thereof, of Iron or Steel were N/A.