Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals (Exc. Cerium Compounds)
Código 284690 (Harmonized System 2012 by 6 digits)
2021: US$404k, International Sales
2023: US$5.73M, International Purchases
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 (Exc. Cerium Compounds) were Estado de México (US$79.5k).
The states with the most international purchases in 2023 were Ciudad de México (US$4.24M) and Nuevo León (US$49.1k).
In 2015, the main commercial destinations of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals (Exc. Cerium Compounds) were Japan (US$56.6k), Peru (US$14.5k), Brazil (US$3.19k), Costa Rica (US$2.61k), and United States (US$1.53k).
The main commercial origins of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals (Exc. Cerium Compounds) in 2023 were United States (US$4.25M), China (US$38k), Spain (US$398), and Austria (US$136).
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 (Exc. Cerium Compounds) in 2022 were Malaysia (US$733M), China (US$648M), 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 (Exc. Cerium Compounds) were China (US$1.32B), Japan (US$435M), and Vietnam (US$376M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals (Exc. Cerium Compounds) 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 sectionJuly, 2024: US$91.9k, International Purchases
In July 2024, international sales of Inorganic or Organic, Metal Rare Earths, of Yttrium, of Scandium or of Mixtures of these Metals (Exc. Cerium Compounds) were US$0, while international purchases reached US$91.9k. The above results in a trade balance of -US$91.9k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$79.5k, 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 (Exc. Cerium Compounds) were Estado de México (US$79.5k).
In 2015, the countries with the most international purchases from Mexico were Japan (US$56.6k), Peru (US$14.5k), Brazil (US$3.19k), Costa Rica (US$2.61k), and United States (US$1.53k).
International Purchases
#permalink to sectionCiudad de México: US$4.24M, State with the Most International Purchases (2023)
United States: US$4.25M, 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 (Exc. Cerium Compounds) were Ciudad de México (US$4.24M) and Nuevo León (US$49.1k).
The countries with the most international sales to Mexico in 2023 were United States (US$4.25M), China (US$38k), Spain (US$398), and Austria (US$136).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe 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 (Exc. Cerium Compounds) 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 (Exc. Cerium Compounds). 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- 6.8e-8%, 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 (Exc. Cerium Compounds). 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 (Exc. Cerium Compounds) were Malaysia (US$733M), China (US$648M), 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 (Exc. Cerium Compounds) were China (US$1.32B), Japan (US$435M), and Vietnam (US$376M).