The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Essential Oils of Peppermint "Mentha Piperita", whether or not Terpeneless, Incl. the "Concrete" O "Absolutes" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Essential Oils of Peppermint "Mentha Piperita", whether or not Terpeneless, Incl. the "Concrete" O "Absolutes". 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.
The visualizations show the global market for Essential Oils of Peppermint "Mentha Piperita", whether or not Terpeneless, Incl. the "Concrete" O "Absolutes". 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 Essential Oils of Peppermint "Mentha Piperita", whether or not Terpeneless, Incl. the "Concrete" O "Absolutes" were United States (US$63.9M), India (US$54.5M), and China (US$12.7M). In the same year, the main importing countries for Essential Oils of Peppermint "Mentha Piperita", whether or not Terpeneless, Incl. the "Concrete" O "Absolutes" were United States (US$27.9M), Germany (US$18.8M), and Japan (US$11.9M).