ProceduresGovernment

Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed)

Código 7116 (Harmonized System 2012 by 4 digits)

 2023: US$11.3M, Total Trade Exchange

2023: US$4.36M, International Sales

  2023: US$6.91M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) was US$11.3M.

In 2023, the states with the most international sales in Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were Ciudad de México (US$841k), Chihuahua (US$242k), Jalisco (US$95.3k), and Quintana Roo (US$16.2k).

The states with the most international purchases in 2023 were Ciudad de México (US$3.68M), Estado de México (US$560k), Nuevo León (US$330k), Quintana Roo (US$184k), and Puebla (US$176k).

In 2023, the main commercial destinations of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were United States (US$1.09M), Spain (US$28.2k), Switzerland (US$22.7k), Austria (US$22.2k), and Australia (US$15.4k).

The main commercial origins of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) in 2023 were China (US$1.66M), United States (US$1.29M), Spain (US$488k), Brazil (US$370k), and Thailand (US$325k).

In the global context, the main exporting countries of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) in 2022 were China (US$492M), United States (US$236M), and Thailand (US$225M). In the same year, the main importing countries of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were United States (US$401M), Hong Kong (US$145M), and Switzerland (US$142M).

Trade Balance of Mexico

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Net Trade Balance

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US$11.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) in Mexico (including international purchases and sales) was US$11.3M.

The visualizations show the net balance of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) 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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July, 2024

  • US$740k, International Purchases
  • US$142k, International Sales

In July 2024, international sales of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were US$142k, while international purchases reached US$740k. The above results in a trade balance of -US$598k.

Market Concentration

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2024-Q3: US$48.5k, International Sales

The visualization shows the quarterly concentration of international sales of Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) at state level.

In the third quarter of 2024, international sales were US$48.5k, being the states with the most sales Ciudad de México (US$48.5k).

Exchange by Territory

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International Sales

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Ciudad de México: US$841k, State with the Most International Sales (2023)

United States: US$1.09M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were Ciudad de México (US$841k), Chihuahua (US$242k), Jalisco (US$95.3k), and Quintana Roo (US$16.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.09M), Spain (US$28.2k), Switzerland (US$22.7k), Austria (US$22.2k), and Australia (US$15.4k).

International Purchases

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Ciudad de México: US$3.68M, State with the Most International Purchases (2023)

China: US$1.66M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were Ciudad de México (US$3.68M), Estado de México (US$560k), Nuevo León (US$330k), Quintana Roo (US$184k), and Puebla (US$176k).

The countries with the most international sales to Mexico in 2023 were China (US$1.66M), United States (US$1.29M), Spain (US$488k), Brazil (US$370k), and Thailand (US$325k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed). 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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  • 0.35%, Mexican share in global exports - 2022
  • 1.58%, Mexican share in global imports - 2022

The visualizations show the global market for Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed). 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 Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were China (US$492M), United States (US$236M), and Thailand (US$225M). In the same year, the main importing countries for Articles of Pearls (Natural) or Cultured Precious or Semiprecious (Natural, Synthetic or Reconstructed) were United States (US$401M), Hong Kong (US$145M), and Switzerland (US$142M).