Bismuth and Articles Thereof, Including Waste and Scrap
Código 8106 (Harmonized System 2012 by 4 digits)
2023: US$3.7M, Total Trade Exchange
2023: US$464k, International Sales
2023: US$3.23M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bismuth and Articles Thereof, Including Waste and Scrap was US$3.7M.
The states with the most international purchases in 2023 were Baja California (US$968k), Ciudad de México (US$740k), Tamaulipas (US$491k), Chihuahua (US$421k), and Nuevo León (US$225k).
The main commercial origins of Bismuth and Articles Thereof, Including Waste and Scrap in 2023 were United States (US$2.03M), China (US$829k), Canada (US$94.5k), South Korea (US$46.7k), and Taiwan (Republic of China) (US$36.9k).
In the global context, the main exporting countries of Bismuth and Articles Thereof, Including Waste and Scrap in 2022 were China (US$53.9M), United States (US$14.9M), and Vietnam (US$12.5M). In the same year, the main importing countries of Bismuth and Articles Thereof, Including Waste and Scrap were United States (US$29.2M), Germany (US$15.7M), and China (US$11.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bismuth and Articles Thereof, Including Waste and Scrap in Mexico (including international purchases and sales) was US$3.7M.
The visualizations show the net balance of Bismuth and Articles Thereof, Including Waste and Scrap 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 sectionDecember, 2022
- US$158k, International Purchases
- US$68.1k, International Sales
In December 2022, international sales of Bismuth and Articles Thereof, Including Waste and Scrap were US$68.1k, while international purchases reached US$158k. The above results in a trade balance of -US$89.8k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionBaja California: US$968k, State with the Most International Purchases (2023)
United States: US$2.03M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bismuth and Articles Thereof, Including Waste and Scrap were Baja California (US$968k), Ciudad de México (US$740k), Tamaulipas (US$491k), Chihuahua (US$421k), and Nuevo León (US$225k).
The countries with the most international sales to Mexico in 2023 were United States (US$2.03M), China (US$829k), Canada (US$94.5k), South Korea (US$46.7k), and Taiwan (Republic of China) (US$36.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bismuth and Articles Thereof, Including Waste and Scrap and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bismuth and Articles Thereof, Including Waste and Scrap. 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- 0.79%, Mexican share in global exports - 2022
- 1.88%, Mexican share in global imports - 2022
The visualizations show the global market for Bismuth and Articles Thereof, Including Waste and Scrap. 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 Bismuth and Articles Thereof, Including Waste and Scrap were China (US$53.9M), United States (US$14.9M), and Vietnam (US$12.5M). In the same year, the main importing countries for Bismuth and Articles Thereof, Including Waste and Scrap were United States (US$29.2M), Germany (US$15.7M), and China (US$11.2M).