Lithium Oxide and Hydroxide
Código 282520 (Harmonized System 2012 by 6 digits)
2022: US$268k, International Sales
2023: US$8.7M, International Purchases
The states with the most international purchases in 2023 were Querétaro (US$2.23M), Ciudad de México (US$980k), Estado de México (US$376k), and Nuevo León (US$288k).
The main commercial origins of Lithium Oxide and Hydroxide in 2023 were China (US$2.85M), United States (US$708k), Chile (US$232k), Russia (US$79.1k), and Germany (US$1.48k).
In the global context, the main exporting countries of Lithium Oxide and Hydroxide in 2022 were China (US$4.34B), Chile (US$504M), and United States (US$273M). In the same year, the main importing countries of Lithium Oxide and Hydroxide were South Korea (US$3.65B), Japan (US$1.14B), and Poland (US$99.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Lithium Oxide and Hydroxide 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 sectionJune, 2024: US$142k, International Purchases
In June 2024, international sales of Lithium Oxide and Hydroxide were US$0, while international purchases reached US$142k. The above results in a trade balance of -US$142k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionQuerétaro: US$2.23M, State with the Most International Purchases (2023)
China: US$2.85M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lithium Oxide and Hydroxide were Querétaro (US$2.23M), Ciudad de México (US$980k), Estado de México (US$376k), and Nuevo León (US$288k).
The countries with the most international sales to Mexico in 2023 were China (US$2.85M), United States (US$708k), Chile (US$232k), Russia (US$79.1k), and Germany (US$1.48k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lithium Oxide and Hydroxide and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lithium Oxide and Hydroxide. 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- 0.0031%, Mexican share in global exports - 2022
- 0.058%, Mexican share in global imports - 2022
The visualizations show the global market for Lithium Oxide and Hydroxide. 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 Lithium Oxide and Hydroxide were China (US$4.34B), Chile (US$504M), and United States (US$273M). In the same year, the main importing countries for Lithium Oxide and Hydroxide were South Korea (US$3.65B), Japan (US$1.14B), and Poland (US$99.8M).