Gold, Platinum Gold, Non-Monetary
Código 710812 (Harmonized System 2012 by 6 digits)
2023: US$3.53B, Total Trade Exchange
2023: US$3.44B, International Sales
2023: US$91.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Gold, Platinum Gold, Non-Monetary was US$3.53B.
In 2023, the states with the most international sales in Gold, Platinum Gold, Non-Monetary were Ciudad de México (US$646M), Sonora (US$645M), and Jalisco (US$49.9M).
The states with the most international purchases in 2023 were Yucatán (US$46.4M), Jalisco (US$15.4M), and Ciudad de México (US$8.44M).
In 2023, the main commercial destinations of Gold, Platinum Gold, Non-Monetary were Switzerland (US$692M), United States (US$483M), Canada (US$147M), Turkey (US$14.5M), and Italy (US$3.76M).
The main commercial origins of Gold, Platinum Gold, Non-Monetary in 2023 were United States (US$53.1M), Canada (US$17.2M), and Australia (US$235).
In the global context, the main exporting countries of Gold, Platinum Gold, Non-Monetary in 2022 were Switzerland (US$86.9B), United Arab Emirates (US$31.3B), and United States (US$30.3B). In the same year, the main importing countries of Gold, Platinum Gold, Non-Monetary were Switzerland (US$96.1B), China (US$52.6B), and United Arab Emirates (US$51.4B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.53B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Gold, Platinum Gold, Non-Monetary in Mexico (including international purchases and sales) was US$3.53B.
The visualizations show the net balance of Gold, Platinum Gold, Non-Monetary 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$6.11M, International Purchases
- US$523M, International Sales
In November 2024, international sales of Gold, Platinum Gold, Non-Monetary were US$523M, while international purchases reached US$6.11M. The above results in a trade balance of US$517M.
Market Concentration
#permalink to section2024-Q4: US$479M, International Sales
The visualization shows the quarterly concentration of international sales of Gold, Platinum Gold, Non-Monetary at state level.
In the fourth quarter of 2024, international sales were US$479M, being the states with the most sales Ciudad de México (US$368M), Jalisco (US$69.3M), and Sonora (US$41.1M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$646M, State with the Most International Sales (2023)
Switzerland: US$692M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Gold, Platinum Gold, Non-Monetary were Ciudad de México (US$646M), Sonora (US$645M), and Jalisco (US$49.9M).
In 2023, the countries with the most international purchases from Mexico were Switzerland (US$692M), United States (US$483M), Canada (US$147M), Turkey (US$14.5M), and Italy (US$3.76M).
International Purchases
#permalink to sectionYucatán: US$46.4M, State with the Most International Purchases (2023)
United States: US$53.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Gold, Platinum Gold, Non-Monetary were Yucatán (US$46.4M), Jalisco (US$15.4M), and Ciudad de México (US$8.44M).
The countries with the most international sales to Mexico in 2023 were United States (US$53.1M), Canada (US$17.2M), and Australia (US$235).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Gold, Platinum Gold, Non-Monetary and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Gold, Platinum Gold, Non-Monetary. 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- 1.11%, Mexican share in global exports - 2022
- 0.016%, Mexican share in global imports - 2022
The visualizations show the global market for Gold, Platinum Gold, Non-Monetary. 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 Gold, Platinum Gold, Non-Monetary were Switzerland (US$86.9B), United Arab Emirates (US$31.3B), and United States (US$30.3B). In the same year, the main importing countries for Gold, Platinum Gold, Non-Monetary were Switzerland (US$96.1B), China (US$52.6B), and United Arab Emirates (US$51.4B).