ProceduresGovernment

Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals

Código 2846 (Harmonized System 2012 by 4 digits)

 2023: US$6.49M, Total Trade Exchange

2023: US$59.9k, International Sales

  2023: US$6.43M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals was US$6.49M.

In 2015, the states with the most international sales in Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were Estado de México (US$82.2k).

The states with the most international purchases in 2023 were Ciudad de México (US$4.31M), Querétaro (US$742k), Tamaulipas (US$456k), Estado de México (US$290k), and Nuevo León (US$254k).

In 2015, the main commercial destinations of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were Japan (US$56.6k), Peru (US$14.5k), Brazil (US$3.19k), Guatemala (US$2.8k), and Costa Rica (US$2.61k).

The main commercial origins of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals in 2023 were United States (US$4.66M), China (US$1.07M), Japan (US$354k), France (US$27.2k), and India (US$25.6k).

In the global context, the main exporting countries of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals in 2022 were Malaysia (US$743M), China (US$681M), and Burma (US$604M). In the same year, the main importing countries of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were China (US$1.32B), Japan (US$497M), and Vietnam (US$376M).

Trade Balance of Mexico

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Net Trade Balance

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US$6.49M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals in Mexico (including international purchases and sales) was US$6.49M.

The visualizations show the net balance of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals 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$188k, International Purchases

In July 2024, international sales of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were US$0, while international purchases reached US$188k. The above results in a trade balance of -US$188k.

Exchange by Territory

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International Sales

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Estado de México: US$82.2k, State with the Most International Sales (2015)

Japan: US$56.6k, Main commercial destination (2015)

In 2015, the states with the highest international sales in Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were Estado de México (US$82.2k).

In 2015, the countries with the most international purchases from Mexico were Japan (US$56.6k), Peru (US$14.5k), Brazil (US$3.19k), Guatemala (US$2.8k), and Costa Rica (US$2.61k).

International Purchases

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Ciudad de México: US$4.31M, State with the Most International Purchases (2023)

United States: US$4.66M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were Ciudad de México (US$4.31M), Querétaro (US$742k), Tamaulipas (US$456k), Estado de México (US$290k), and Nuevo León (US$254k).

The countries with the most international sales to Mexico in 2023 were United States (US$4.66M), China (US$1.07M), Japan (US$354k), France (US$27.2k), and India (US$25.6k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals. 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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  • 0.00021%, Mexican share in global exports - 2022
  • 0.14%, Mexican share in global imports - 2022

The visualizations show the global market for Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals. 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 Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were Malaysia (US$743M), China (US$681M), and Burma (US$604M). In the same year, the main importing countries for Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals were China (US$1.32B), Japan (US$497M), and Vietnam (US$376M).