Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash)
Código 2601 (Harmonized System 2012 by 4 digits)
2023: US$432M, Total Trade Exchange
2023: US$36.6M, International Sales
2023: US$395M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) was US$432M.
In 2022, the states with the most international sales in Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were Michoacán de Ocampo (US$9.02M), Jalisco (US$8.25M), and Guerrero (US$1.14M).
The states with the most international purchases in 2023 were Nuevo León (US$35.5M), Jalisco (US$404k), Estado de México (US$167k), and Ciudad de México (US$125k).
In 2022, the main commercial destinations of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were China (US$10.3M), Belgium (US$7.03M), Hong Kong (US$1.09M), and Vietnam (US$150).
The main commercial origins of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) in 2023 were Brazil (US$32.9M), United States (US$3.12M), South Africa (US$31k), Peru (US$27.9k), and France (US$23.9k).
In the global context, the main exporting countries of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) in 2022 were Australia (US$94.6B), Brazil (US$32B), and South Africa (US$9.37B). In the same year, the main importing countries of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were China (US$113B), Japan (US$12.8B), and South Korea (US$8.6B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$432M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) in Mexico (including international purchases and sales) was US$432M.
The visualizations show the net balance of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) 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$42.2M, International Purchases
- US$303k, International Sales
In November 2024, international sales of Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were US$303k, while international purchases reached US$42.2M. The above results in a trade balance of -US$41.9M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionMichoacán de Ocampo: US$9.02M, State with the Most International Sales (2022)
China: US$10.3M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were Michoacán de Ocampo (US$9.02M), Jalisco (US$8.25M), and Guerrero (US$1.14M).
In 2022, the countries with the most international purchases from Mexico were China (US$10.3M), Belgium (US$7.03M), Hong Kong (US$1.09M), and Vietnam (US$150).
International Purchases
#permalink to sectionNuevo León: US$35.5M, 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, Including Roasted Iron Pyrites (Pyrites Ash) were Nuevo León (US$35.5M), Jalisco (US$404k), Estado de México (US$167k), and Ciudad de México (US$125k).
The countries with the most international sales to Mexico in 2023 were Brazil (US$32.9M), United States (US$3.12M), South Africa (US$31k), Peru (US$27.9k), and France (US$23.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) 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, Including Roasted Iron Pyrites (Pyrites Ash). 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- 0.12%, Mexican share in global exports - 2022
- 0.14%, Mexican share in global imports - 2022
The visualizations show the global market for Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash). 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, Including Roasted Iron Pyrites (Pyrites Ash) were Australia (US$94.6B), Brazil (US$32B), and South Africa (US$9.37B). In the same year, the main importing countries for Iron Ores and Concentrates, Including Roasted Iron Pyrites (Pyrites Ash) were China (US$113B), Japan (US$12.8B), and South Korea (US$8.6B).