Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes")
Código 260112 (Harmonized System 2012 by 6 digits)
2019: US$18.3M, International Sales
2023: US$56M, International Purchases
In 2011, the states with the most international sales in Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were Michoacán de Ocampo (US$2.86M).
The states with the most international purchases in 2023 were Nuevo León (US$34.6M).
In 2011, the main commercial destinations of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were France (US$2.39M) and China (US$465k).
The main commercial origins of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") in 2023 were Brazil (US$32.9M), United States (US$1.71M), Canada (US$180), and Dominican Republic (US$5).
In the global context, the main exporting countries of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") in 2022 were Brazil (US$3.46B), Sweden (US$2.43B), and Canada (US$2.26B). In the same year, the main importing countries of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were China (US$2.24B), Saudi Arabia (US$1.92B), and South Korea (US$1.46B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") 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 sectionMarch, 2023: US$32M, International Purchases
In March 2023, international sales of Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were US$0, while international purchases reached US$32M. The above results in a trade balance of -US$32M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionMichoacán de Ocampo: US$2.86M, State with the Most International Sales (2011)
France: US$2.39M, Main commercial destination (2011)
In 2011, the states with the highest international sales in Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were Michoacán de Ocampo (US$2.86M).
In 2011, the countries with the most international purchases from Mexico were France (US$2.39M) and China (US$465k).
International Purchases
#permalink to sectionNuevo León: US$34.6M, State with the Most International Purchases (2023)
Brazil: US$32.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were Nuevo León (US$34.6M).
The countries with the most international sales to Mexico in 2023 were Brazil (US$32.9M), United States (US$1.71M), Canada (US$180), and Dominican Republic (US$5).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes"). 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- 0.018%, Mexican share in global exports - 2022
- 0.021%, Mexican share in global imports - 2022
The visualizations show the global market for Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes"). 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 Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were Brazil (US$3.46B), Sweden (US$2.43B), and Canada (US$2.26B). In the same year, the main importing countries for Iron Ores and Concentrates, Composition (Exc. Roasted Iron Pyrites "Pyrite Ashes") were China (US$2.24B), Saudi Arabia (US$1.92B), and South Korea (US$1.46B).