Articles of Cobalt, N.E.C
Código 810590 (Harmonized System 2012 by 6 digits)
2023: US$8.1M, Total Trade Exchange
2023: US$1.15M, International Sales
2023: US$6.96M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Articles of Cobalt, N.E.C was US$8.1M.
In 2023, the states with the most international sales in Articles of Cobalt, N.E.C were Baja California (US$894k).
The states with the most international purchases in 2023 were Baja California (US$1.37M), Tamaulipas (US$1.26M), Nuevo León (US$1.03M), Estado de México (US$620k), and Ciudad de México (US$285k).
In 2023, the main commercial destinations of Articles of Cobalt, N.E.C were United States (US$894k).
The main commercial origins of Articles of Cobalt, N.E.C in 2023 were United States (US$3.43M), Canada (US$335k), China (US$305k), United Kingdom (US$294k), and Germany (US$123k).
In the global context, the main exporting countries of Articles of Cobalt, N.E.C in 2022 were United States (US$227M), Democratic Republic of the Congo (US$163M), and Germany (US$97.3M). In the same year, the main importing countries of Articles of Cobalt, N.E.C were Singapore (US$163M), China (US$90.8M), and United States (US$51.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$8.1M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Articles of Cobalt, N.E.C in Mexico (including international purchases and sales) was US$8.1M.
The visualizations show the net balance of Articles of Cobalt, N.E.C 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 sectionJuly, 2024: US$980k, International Purchases
In July 2024, international sales of Articles of Cobalt, N.E.C were US$0, while international purchases reached US$980k. The above results in a trade balance of -US$980k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$894k, State with the Most International Sales (2023)
United States: US$894k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Articles of Cobalt, N.E.C were Baja California (US$894k).
In 2023, the countries with the most international purchases from Mexico were United States (US$894k).
International Purchases
#permalink to sectionBaja California: US$1.37M, State with the Most International Purchases (2023)
United States: US$3.43M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Articles of Cobalt, N.E.C were Baja California (US$1.37M), Tamaulipas (US$1.26M), Nuevo León (US$1.03M), Estado de México (US$620k), and Ciudad de México (US$285k).
The countries with the most international sales to Mexico in 2023 were United States (US$3.43M), Canada (US$335k), China (US$305k), United Kingdom (US$294k), and Germany (US$123k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Articles of Cobalt, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Articles of Cobalt, N.E.C. 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- 0.089%, Mexican share in global exports - 2022
- 0.57%, Mexican share in global imports - 2022
The visualizations show the global market for Articles of Cobalt, N.E.C. 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 Articles of Cobalt, N.E.C were United States (US$227M), Democratic Republic of the Congo (US$163M), and Germany (US$97.3M). In the same year, the main importing countries for Articles of Cobalt, N.E.C were Singapore (US$163M), China (US$90.8M), and United States (US$51.7M).