The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Balls and Similar Articles. for Mills, of Iron or Steel, Forged or Stamped, but not otherwise Worked and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Balls and Similar Articles. for Mills, of Iron or Steel, Forged or Stamped, but not otherwise Worked. 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 Balls and Similar Articles. for Mills, of Iron or Steel, Forged or Stamped, but not otherwise Worked. 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 Balls and Similar Articles. for Mills, of Iron or Steel, Forged or Stamped, but not otherwise Worked were China (US$1.21B), Chile (US$100M), and Spain (US$59.3M). In the same year, the main importing countries for Balls and Similar Articles. for Mills, of Iron or Steel, Forged or Stamped, but not otherwise Worked were Chile (US$277M), Kazakhstan (US$201M), and Brazil (US$153M).