ProceduresGovernment

Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium

Código 2816 (Harmonized System 2012 by 4 digits)

 2023: US$24.1M, Total Trade Exchange

2023: US$19.3M, International Sales

  2023: US$4.78M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium was US$24.1M.

In 2023, the states with the most international sales in Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were Nuevo León (US$1.24M).

The states with the most international purchases in 2023 were Nuevo León (US$1.55M), Ciudad de México (US$1.26M), Estado de México (US$597k), Coahuila de Zaragoza (US$511k), and Querétaro (US$470k).

In 2023, the main commercial destinations of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were Dominican Republic (US$402k), Jamaica (US$227k), Costa Rica (US$189k), Panama (US$163k), and Philippines (US$158k).

The main commercial origins of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium in 2023 were China (US$1.53M), United States (US$1.31M), India (US$505k), South Korea (US$421k), and Israel (US$264k).

In the global context, the main exporting countries of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium in 2022 were China (US$63.9M), Russia (US$49.2M), and Netherlands (US$33.4M). In the same year, the main importing countries of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were United States (US$37.9M), China (US$28.9M), and South Korea (US$25.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$24.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium in Mexico (including international purchases and sales) was US$24.1M.

The visualizations show the net balance of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium 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

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July, 2024

  • US$310k, International Purchases
  • US$2.8M, International Sales

In July 2024, international sales of Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were US$2.8M, while international purchases reached US$310k. The above results in a trade balance of US$2.49M.

Exchange by Territory

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International Sales

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Nuevo León: US$1.24M, State with the Most International Sales (2023)

Dominican Republic: US$402k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were Nuevo León (US$1.24M).

In 2023, the countries with the most international purchases from Mexico were Dominican Republic (US$402k), Jamaica (US$227k), Costa Rica (US$189k), Panama (US$163k), and Philippines (US$158k).

International Purchases

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Nuevo León: US$1.55M, State with the Most International Purchases (2023)

China: US$1.53M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were Nuevo León (US$1.55M), Ciudad de México (US$1.26M), Estado de México (US$597k), Coahuila de Zaragoza (US$511k), and Querétaro (US$470k).

The countries with the most international sales to Mexico in 2023 were China (US$1.53M), United States (US$1.31M), India (US$505k), South Korea (US$421k), and Israel (US$264k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium  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; Oxides, Hydroxides and Peroxides, of Strontium or Barium. 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.

Origins and Trade Destinations

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  • 5.6%, Mexican share in global exports - 2022
  • 3.27%, Mexican share in global imports - 2022

The visualizations show the global market for Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium. 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; Oxides, Hydroxides and Peroxides, of Strontium or Barium were China (US$63.9M), Russia (US$49.2M), and Netherlands (US$33.4M). In the same year, the main importing countries for Magnesium Hydroxide and Peroxide; Oxides, Hydroxides and Peroxides, of Strontium or Barium were United States (US$37.9M), China (US$28.9M), and South Korea (US$25.6M).