Magnesium Chloride
Código 282731 (Harmonized System 2012 by 6 digits)
2023: US$3.11M, Total Trade Exchange
2023: US$325k, International Sales
2023: US$2.79M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Magnesium Chloride was US$3.11M.
In 2023, the states with the most international sales in Magnesium Chloride were Estado de México (US$195k).
The states with the most international purchases in 2023 were Estado de México (US$1.29M), Ciudad de México (US$662k), Jalisco (US$310k), Guanajuato (US$222k), and Puebla (US$100k).
In 2023, the main commercial destinations of Magnesium Chloride were United States (US$176k), Guatemala (US$12.1k), Ecuador (US$2.43k), Costa Rica (US$2k), and El Salvador (US$1.06k).
The main commercial origins of Magnesium Chloride in 2023 were Germany (US$1.34M), China (US$362k), United States (US$301k), Netherlands (US$281k), and Czech Republic (US$279k).
In the global context, the main exporting countries of Magnesium Chloride in 2022 were China (US$45.3M), Israel (US$36.4M), and Netherlands (US$19.8M). In the same year, the main importing countries of Magnesium Chloride were United States (US$27.6M), South Korea (US$22.1M), and Canada (US$9.35M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.11M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Magnesium Chloride in Mexico (including international purchases and sales) was US$3.11M.
The visualizations show the net balance of Magnesium Chloride 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$230k, International Purchases
- US$47.4k, International Sales
In July 2024, international sales of Magnesium Chloride were US$47.4k, while international purchases reached US$230k. The above results in a trade balance of -US$183k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$195k, State with the Most International Sales (2023)
United States: US$176k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Magnesium Chloride were Estado de México (US$195k).
In 2023, the countries with the most international purchases from Mexico were United States (US$176k), Guatemala (US$12.1k), Ecuador (US$2.43k), Costa Rica (US$2k), and El Salvador (US$1.06k).
International Purchases
#permalink to sectionEstado de México: US$1.29M, State with the Most International Purchases (2023)
Germany: US$1.34M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Magnesium Chloride were Estado de México (US$1.29M), Ciudad de México (US$662k), Jalisco (US$310k), Guanajuato (US$222k), and Puebla (US$100k).
The countries with the most international sales to Mexico in 2023 were Germany (US$1.34M), China (US$362k), United States (US$301k), Netherlands (US$281k), and Czech Republic (US$279k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Magnesium Chloride and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Magnesium Chloride. 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- 0.027%, Mexican share in global exports - 2022
- 0.56%, Mexican share in global imports - 2022
The visualizations show the global market for Magnesium Chloride. 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 Magnesium Chloride were China (US$45.3M), Israel (US$36.4M), and Netherlands (US$19.8M). In the same year, the main importing countries for Magnesium Chloride were United States (US$27.6M), South Korea (US$22.1M), and Canada (US$9.35M).