Magnesium Hydroxide and Peroxide
Código 281610 (Harmonized System 2012 by 6 digits)
2023: US$22.5M, Total Trade Exchange
2023: US$19.3M, International Sales
2023: US$3.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Magnesium Hydroxide and Peroxide was US$22.5M.
In 2021, the states with the most international sales in Magnesium Hydroxide and Peroxide were Nuevo León (US$793k).
The states with the most international purchases in 2023 were Ciudad de México (US$1.26M), Nuevo León (US$645k), Coahuila de Zaragoza (US$511k), Estado de México (US$410k), and Querétaro (US$71.9k).
In 2021, the main commercial destinations of Magnesium Hydroxide and Peroxide were Philippines (US$224k), Dominican Republic (US$218k), Germany (US$158k), Costa Rica (US$91.1k), and Iraq (US$45k).
The main commercial origins of Magnesium Hydroxide and Peroxide in 2023 were United States (US$1.31M), India (US$505k), South Korea (US$421k), Israel (US$264k), and Austria (US$227k).
In the global context, the main exporting countries of Magnesium Hydroxide and Peroxide in 2022 were Russia (US$49.2M), Netherlands (US$32.8M), and Austria (US$22.1M). In the same year, the main importing countries of Magnesium Hydroxide and Peroxide were United States (US$28.3M), China (US$26.6M), and Portugal (US$20M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$22.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Magnesium Hydroxide and Peroxide in Mexico (including international purchases and sales) was US$22.5M.
The visualizations show the net balance of Magnesium Hydroxide and Peroxide 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$212k, International Purchases
- US$2.8M, International Sales
In July 2024, international sales of Magnesium Hydroxide and Peroxide were US$2.8M, while international purchases reached US$212k. The above results in a trade balance of US$2.59M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$793k, State with the Most International Sales (2021)
Philippines: US$224k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Magnesium Hydroxide and Peroxide were Nuevo León (US$793k).
In 2021, the countries with the most international purchases from Mexico were Philippines (US$224k), Dominican Republic (US$218k), Germany (US$158k), Costa Rica (US$91.1k), and Iraq (US$45k).
International Purchases
#permalink to sectionCiudad de México: US$1.26M, State with the Most International Purchases (2023)
United States: US$1.31M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Magnesium Hydroxide and Peroxide were Ciudad de México (US$1.26M), Nuevo León (US$645k), Coahuila de Zaragoza (US$511k), Estado de México (US$410k), and Querétaro (US$71.9k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.31M), India (US$505k), South Korea (US$421k), Israel (US$264k), and Austria (US$227k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Magnesium Hydroxide and Peroxide and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Magnesium Hydroxide and Peroxide. 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- 6.83%, Mexican share in global exports - 2022
- 3.74%, Mexican share in global imports - 2022
The visualizations show the global market for Magnesium Hydroxide and Peroxide. 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 Hydroxide and Peroxide were Russia (US$49.2M), Netherlands (US$32.8M), and Austria (US$22.1M). In the same year, the main importing countries for Magnesium Hydroxide and Peroxide were United States (US$28.3M), China (US$26.6M), and Portugal (US$20M).