ProceduresGovernment

Cyanides and Cyanide Oxides, Sodium

Código 283711 (Harmonized System 2012 by 6 digits)

 2023: US$150M, Total Trade Exchange

2023: US$3.9M, International Sales

  2023: US$146M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cyanides and Cyanide Oxides, Sodium was US$150M.

In 2023, the states with the most international sales in Cyanides and Cyanide Oxides, Sodium were Estado de México (US$792k).

The states with the most international purchases in 2023 were Ciudad de México (US$89.3M) and Estado de México (US$50.4M).

In 2023, the main commercial destinations of Cyanides and Cyanide Oxides, Sodium were Panama (US$440k), Venezuela (US$290k), Honduras (US$37.4k), and Nicaragua (US$25.2k).

The main commercial origins of Cyanides and Cyanide Oxides, Sodium in 2023 were United States (US$89.7M), China (US$37.7M), Australia (US$10.8M), Czech Republic (US$971k), and Germany (US$507k).

In the global context, the main exporting countries of Cyanides and Cyanide Oxides, Sodium in 2022 were China (US$337M), United States (US$314M), and South Korea (US$184M). In the same year, the main importing countries of Cyanides and Cyanide Oxides, Sodium were Mexico (US$166M), Peru (US$120M), and Canada (US$92.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$150M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cyanides and Cyanide Oxides, Sodium in Mexico (including international purchases and sales) was US$150M.

The visualizations show the net balance of Cyanides and Cyanide Oxides, Sodium 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$10.6M, International Purchases

In July 2024, international sales of Cyanides and Cyanide Oxides, Sodium were US$0, while international purchases reached US$10.6M. The above results in a trade balance of -US$10.6M.

Exchange by Territory

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International Sales

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Estado de México: US$792k, State with the Most International Sales (2023)

Panama: US$440k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cyanides and Cyanide Oxides, Sodium were Estado de México (US$792k).

In 2023, the countries with the most international purchases from Mexico were Panama (US$440k), Venezuela (US$290k), Honduras (US$37.4k), and Nicaragua (US$25.2k).

International Purchases

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Ciudad de México: US$89.3M, State with the Most International Purchases (2023)

United States: US$89.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cyanides and Cyanide Oxides, Sodium were Ciudad de México (US$89.3M) and Estado de México (US$50.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$89.7M), China (US$37.7M), Australia (US$10.8M), Czech Republic (US$971k), and Germany (US$507k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cyanides and Cyanide Oxides, Sodium  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cyanides and Cyanide Oxides, Sodium. 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%, Mexican share in global exports - 2022
  • 12.7%, Mexican share in global imports - 2022

The visualizations show the global market for Cyanides and Cyanide Oxides, Sodium. 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 Cyanides and Cyanide Oxides, Sodium were China (US$337M), United States (US$314M), and South Korea (US$184M). In the same year, the main importing countries for Cyanides and Cyanide Oxides, Sodium were Mexico (US$166M), Peru (US$120M), and Canada (US$92.9M).