The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Instruments and Apparatus for Regulating or Controlling and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Instruments and Apparatus for Regulating or Controlling. 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 Instruments and Apparatus for Regulating or Controlling. 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 Instruments and Apparatus for Regulating or Controlling were Germany (US$57.1B), Japan (US$46.6B), and China (US$46.4B). In the same year, the main importing countries for Instruments and Apparatus for Regulating or Controlling were United States (US$56.7B), China (US$36.6B), and Germany (US$32.6B).