Diamond Powder, Incl. of Synthetic Diamond
Código 710510 (Harmonized System 2012 by 6 digits)
2015: US$63.3k, International Sales
2023: US$800k, International Purchases
The states with the most international purchases in 2023 were Ciudad de México (US$262k), Nuevo León (US$156k), Estado de México (US$122k), Querétaro (US$83.3k), and Puebla (US$24.5k).
The main commercial origins of Diamond Powder, Incl. of Synthetic Diamond in 2023 were United States (US$409k), China (US$201k), Ireland (US$25.3k), Italy (US$5.18k), and Ghana (US$3.23k).
In the global context, the main exporting countries of Diamond Powder, Incl. of Synthetic Diamond in 2022 were China (US$228M), United States (US$51.8M), and Ireland (US$43.7M). In the same year, the main importing countries of Diamond Powder, Incl. of Synthetic Diamond were United States (US$57.5M), Japan (US$39.9M), and South Korea (US$39.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Diamond Powder, Incl. of Synthetic Diamond 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 sectionNovember, 2024: US$45.7k, International Purchases
In November 2024, international sales of Diamond Powder, Incl. of Synthetic Diamond were US$0, while international purchases reached US$45.7k. The above results in a trade balance of -US$45.7k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$262k, State with the Most International Purchases (2023)
United States: US$409k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Diamond Powder, Incl. of Synthetic Diamond were Ciudad de México (US$262k), Nuevo León (US$156k), Estado de México (US$122k), Querétaro (US$83.3k), and Puebla (US$24.5k).
The countries with the most international sales to Mexico in 2023 were United States (US$409k), China (US$201k), Ireland (US$25.3k), Italy (US$5.18k), and Ghana (US$3.23k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Diamond Powder, Incl. of Synthetic Diamond and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Diamond Powder, Incl. of Synthetic Diamond. 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- 0.0065%, Mexican share in global exports - 2022
- 0.15%, Mexican share in global imports - 2022
The visualizations show the global market for Diamond Powder, Incl. of Synthetic Diamond. 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 Diamond Powder, Incl. of Synthetic Diamond were China (US$228M), United States (US$51.8M), and Ireland (US$43.7M). In the same year, the main importing countries for Diamond Powder, Incl. of Synthetic Diamond were United States (US$57.5M), Japan (US$39.9M), and South Korea (US$39.9M).