ProceduresGovernment

Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap

Código 8105 (Harmonized System 2012 by 4 digits)

 2023: US$18.3M, Total Trade Exchange

2023: US$10.5M, International Sales

  2023: US$7.88M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap was US$18.3M.

In 2023, the states with the most international sales in Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were Baja California (US$979k) and Nuevo León (US$59.7k).

The states with the most international purchases in 2023 were Baja California (US$1.51M), Tamaulipas (US$1.27M), Nuevo León (US$1.1M), Estado de México (US$863k), and Ciudad de México (US$315k).

In 2023, the main commercial destinations of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were United States (US$1.04M).

The main commercial origins of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap in 2023 were United States (US$3.79M), United Kingdom (US$480k), Canada (US$346k), China (US$341k), and Germany (US$189k).

In the global context, the main exporting countries of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap in 2022 were Democratic Republic of the Congo (US$5.99B), Canada (US$641M), and United States (US$389M). In the same year, the main importing countries of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were China (US$6.05B), Japan (US$576M), and United States (US$534M).

Trade Balance of Mexico

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Net Trade Balance

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US$18.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap in Mexico (including international purchases and sales) was US$18.3M.

The visualizations show the net balance of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt 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

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July, 2024

  • US$1.08M, International Purchases
  • US$118k, International Sales

In July 2024, international sales of Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were US$118k, while international purchases reached US$1.08M. The above results in a trade balance of -US$962k.

Exchange by Territory

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International Sales

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Baja California: US$979k, State with the Most International Sales (2023)

United States: US$1.04M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were Baja California (US$979k) and Nuevo León (US$59.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.04M).

International Purchases

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Baja California: US$1.51M, State with the Most International Purchases (2023)

United States: US$3.79M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were Baja California (US$1.51M), Tamaulipas (US$1.27M), Nuevo León (US$1.1M), Estado de México (US$863k), and Ciudad de México (US$315k).

The countries with the most international sales to Mexico in 2023 were United States (US$3.79M), United Kingdom (US$480k), Canada (US$346k), China (US$341k), and Germany (US$189k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt 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 Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt 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.

Origins and Trade Destinations

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  • 0.12%, Mexican share in global exports - 2022
  • 0.078%, Mexican share in global imports - 2022

The visualizations show the global market for Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt 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 Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were Democratic Republic of the Congo (US$5.99B), Canada (US$641M), and United States (US$389M). In the same year, the main importing countries for Cobalt Mattes and other Intermediate Products of Cobalt Metallurgy; Cobalt and Articles Thereof, Including Waste and Scrap were China (US$6.05B), Japan (US$576M), and United States (US$534M).