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Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon)

Código 681599 (Harmonized System 2012 by 6 digits)

 2023: US$38.4M, Total Trade Exchange

2023: US$14.1M, International Sales

  2023: US$24.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) was US$38.4M.

In 2023, the states with the most international sales in Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were Nuevo León (US$9.85M), Jalisco (US$2.37M), Yucatán (US$1M), Coahuila de Zaragoza (US$212k), and Sonora (US$171k).

The states with the most international purchases in 2023 were Estado de México (US$7.65M), Nuevo León (US$7.4M), Ciudad de México (US$3.37M), Guanajuato (US$2.51M), and Jalisco (US$980k).

In 2023, the main commercial destinations of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were United States (US$9.08M), China (US$1.05M), Singapore (US$751k), United Arab Emirates (US$732k), and Denmark (US$685k).

The main commercial origins of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) in 2023 were United States (US$17.3M), China (US$3.56M), South Korea (US$738k), Germany (US$632k), and Japan (US$589k).

In the global context, the main exporting countries of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) in 2022 were United States (US$1.05B), Japan (US$877M), and China (US$827M). In the same year, the main importing countries of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were China (US$895M), United States (US$711M), and Germany (US$605M).

Trade Balance of Mexico

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Net Trade Balance

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US$38.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) in Mexico (including international purchases and sales) was US$38.4M.

The visualizations show the net balance of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) 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$2.87M, International Purchases
  • US$971k, International Sales

In July 2024, international sales of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were US$971k, while international purchases reached US$2.87M. The above results in a trade balance of -US$1.9M.

Market Concentration

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2024-Q3: US$545k, International Sales

The visualization shows the quarterly concentration of international sales of Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) at state level.

In the third quarter of 2024, international sales were US$545k, being the states with the most sales Nuevo León (US$281k), Jalisco (US$234k), and Querétaro (US$9.37k).

Exchange by Territory

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International Sales

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Nuevo León: US$9.85M, State with the Most International Sales (2023)

United States: US$9.08M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were Nuevo León (US$9.85M), Jalisco (US$2.37M), Yucatán (US$1M), Coahuila de Zaragoza (US$212k), and Sonora (US$171k).

In 2023, the countries with the most international purchases from Mexico were United States (US$9.08M), China (US$1.05M), Singapore (US$751k), United Arab Emirates (US$732k), and Denmark (US$685k).

International Purchases

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Estado de México: US$7.65M, State with the Most International Purchases (2023)

United States: US$17.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were Estado de México (US$7.65M), Nuevo León (US$7.4M), Ciudad de México (US$3.37M), Guanajuato (US$2.51M), and Jalisco (US$980k).

The countries with the most international sales to Mexico in 2023 were United States (US$17.3M), China (US$3.56M), South Korea (US$738k), Germany (US$632k), and Japan (US$589k).

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 Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon). 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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  • 1.38%, Mexican share in global exports - 2022
  • 1.47%, Mexican share in global imports - 2022

The visualizations show the global market for Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon). 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 Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were United States (US$1.05B), Japan (US$877M), and China (US$827M). In the same year, the main importing countries for Articles of Stone or other Materials Minerals, N.E.C. (Exc. Containing Magnesite, Dolomite or Chromite, as well as Articles of Graphite or other Carbon) were China (US$895M), United States (US$711M), and Germany (US$605M).