Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds)
Código 710239 (Harmonized System 2012 by 6 digits)
2023: US$175M, Total Trade Exchange
2023: US$49.4M, International Sales
2023: US$126M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) was US$175M.
In 2023, the states with the most international sales in Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were Yucatán (US$49M) and Ciudad de México (US$101k).
The states with the most international purchases in 2023 were Yucatán (US$108M), Ciudad de México (US$4.99M), Nuevo León (US$3.05M), Jalisco (US$1.12M), and Quintana Roo (US$1.08M).
In 2023, the main commercial destinations of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were United States (US$47M), Canada (US$2.09M), Colombia (US$44k), Switzerland (US$9.48k), and India (US$1.99k).
The main commercial origins of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) in 2023 were India (US$98.1M), United States (US$11.4M), Israel (US$6.26M), Belgium (US$968k), and Canada (US$349k).
In the global context, the main exporting countries of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) in 2022 were India (US$27.5B), United States (US$10.3B), and Israel (US$9.69B). In the same year, the main importing countries of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were United States (US$22.3B), Hong Kong (US$13.9B), and India (US$8.46B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$175M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) in Mexico (including international purchases and sales) was US$175M.
The visualizations show the net balance of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) 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$6.81M, International Purchases
- US$2.87M, International Sales
In November 2024, international sales of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were US$2.87M, while international purchases reached US$6.81M. The above results in a trade balance of -US$3.94M.
Market Concentration
#permalink to section2024-Q4: US$7.31M, International Sales
The visualization shows the quarterly concentration of international sales of Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) at state level.
In the fourth quarter of 2024, international sales were US$7.31M, being the states with the most sales Yucatán (US$7.31M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionYucatán: US$49M, State with the Most International Sales (2023)
United States: US$47M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were Yucatán (US$49M) and Ciudad de México (US$101k).
In 2023, the countries with the most international purchases from Mexico were United States (US$47M), Canada (US$2.09M), Colombia (US$44k), Switzerland (US$9.48k), and India (US$1.99k).
International Purchases
#permalink to sectionYucatán: US$108M, State with the Most International Purchases (2023)
India: US$98.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were Yucatán (US$108M), Ciudad de México (US$4.99M), Nuevo León (US$3.05M), Jalisco (US$1.12M), and Quintana Roo (US$1.08M).
The countries with the most international sales to Mexico in 2023 were India (US$98.1M), United States (US$11.4M), Israel (US$6.26M), Belgium (US$968k), and Canada (US$349k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds). 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- 0.0045%, Mexican share in global exports - 2022
- 0.077%, Mexican share in global imports - 2022
The visualizations show the global market for Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds). 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 Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were India (US$27.5B), United States (US$10.3B), and Israel (US$9.69B). In the same year, the main importing countries for Diamonds, Worked, but not Mounted or Set (Excl. Industrial Diamonds) were United States (US$22.3B), Hong Kong (US$13.9B), and India (US$8.46B).