ProceduresGovernment

Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides

Código 2822 (Harmonized System 2012 by 4 digits)

 2023: US$6.04M, Total Trade Exchange

2023: US$480k, International Sales

  2023: US$5.56M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides was US$6.04M.

In 2022, the states with the most international sales in Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Ciudad de México (US$8.94k).

The states with the most international purchases in 2023 were Ciudad de México (US$4.72M).

In 2022, the main commercial destinations of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Belgium (US$8.25k), Cuba (US$653), and Guatemala (US$32).

The main commercial origins of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides in 2023 were Finland (US$1.76M), China (US$1.72M), Belgium (US$1.22M), United States (US$14.2k), and United Kingdom (US$1.53k).

In the global context, the main exporting countries of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides in 2022 were Democratic Republic of the Congo (US$901M), China (US$291M), and Finland (US$274M). In the same year, the main importing countries of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Zambia (US$252M), South Korea (US$247M), and Finland (US$158M).

Trade Balance of Mexico

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Net Trade Balance

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US$6.04M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides in Mexico (including international purchases and sales) was US$6.04M.

The visualizations show the net balance of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides 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$817k, International Purchases

In July 2024, international sales of Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were US$0, while international purchases reached US$817k. The above results in a trade balance of -US$817k.

Exchange by Territory

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International Sales

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Ciudad de México: US$8.94k, State with the Most International Sales (2022)

Belgium: US$8.25k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Ciudad de México (US$8.94k).

In 2022, the countries with the most international purchases from Mexico were Belgium (US$8.25k), Cuba (US$653), and Guatemala (US$32).

International Purchases

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Ciudad de México: US$4.72M, State with the Most International Purchases (2023)

Finland: US$1.76M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Ciudad de México (US$4.72M).

The countries with the most international sales to Mexico in 2023 were Finland (US$1.76M), China (US$1.72M), Belgium (US$1.22M), United States (US$14.2k), and United Kingdom (US$1.53k).

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 Oxides and Hydroxides; Commercial Cobalt Oxides  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides. 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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  • 0.0066%, Mexican share in global exports - 2022
  • 0.49%, Mexican share in global imports - 2022

The visualizations show the global market for Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides. 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 Oxides and Hydroxides; Commercial Cobalt Oxides were Democratic Republic of the Congo (US$901M), China (US$291M), and Finland (US$274M). In the same year, the main importing countries for Cobalt Oxides and Hydroxides; Commercial Cobalt Oxides were Zambia (US$252M), South Korea (US$247M), and Finland (US$158M).