Mineral or Chemical Phosphatic
Código 3103 (Harmonized System 2012 by 4 digits)
2023: US$21.3M, Total Trade Exchange
2023: US$16.7M, International Sales
2023: US$4.66M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Mineral or Chemical Phosphatic was US$21.3M.
In 2016, the states with the most international sales in Mineral or Chemical Phosphatic were Michoacán de Ocampo (US$17.4M) and Jalisco (US$450k).
The states with the most international purchases in 2023 were Sonora (US$4.33M), Jalisco (US$83.5k), and Baja California (US$33.8k).
In 2016, the main commercial destinations of Mineral or Chemical Phosphatic were Chile (US$17.4M), Colombia (US$271k), Ecuador (US$81.5k), Cuba (US$79k), and United States (US$14k).
The main commercial origins of Mineral or Chemical Phosphatic in 2023 were China (US$2.62M), United States (US$1.68M), United Kingdom (US$71.8k), Spain (US$55.6k), and Australia (US$13.7k).
In the global context, the main exporting countries of Mineral or Chemical Phosphatic in 2022 were Morocco (US$852M), Egypt (US$632M), and China (US$601M). In the same year, the main importing countries of Mineral or Chemical Phosphatic were Brazil (US$1.48B), Bangladesh (US$772M), and United States (US$322M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$21.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Mineral or Chemical Phosphatic in Mexico (including international purchases and sales) was US$21.3M.
The visualizations show the net balance of Mineral or Chemical Phosphatic 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 sectionMay, 2024: US$343k, International Purchases
In May 2024, international sales of Mineral or Chemical Phosphatic were US$0, while international purchases reached US$343k. The above results in a trade balance of -US$343k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionMichoacán de Ocampo: US$17.4M, State with the Most International Sales (2016)
Chile: US$17.4M, Main commercial destination (2016)
In 2016, the states with the highest international sales in Mineral or Chemical Phosphatic were Michoacán de Ocampo (US$17.4M) and Jalisco (US$450k).
In 2016, the countries with the most international purchases from Mexico were Chile (US$17.4M), Colombia (US$271k), Ecuador (US$81.5k), Cuba (US$79k), and United States (US$14k).
International Purchases
#permalink to sectionSonora: US$4.33M, State with the Most International Purchases (2023)
China: US$2.62M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Mineral or Chemical Phosphatic were Sonora (US$4.33M), Jalisco (US$83.5k), and Baja California (US$33.8k).
The countries with the most international sales to Mexico in 2023 were China (US$2.62M), United States (US$1.68M), United Kingdom (US$71.8k), Spain (US$55.6k), and Australia (US$13.7k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Mineral or Chemical Phosphatic and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Mineral or Chemical Phosphatic. 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- 0.76%, Mexican share in global exports - 2022
- 0.074%, Mexican share in global imports - 2022
The visualizations show the global market for Mineral or Chemical Phosphatic. 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 Mineral or Chemical Phosphatic were Morocco (US$852M), Egypt (US$632M), and China (US$601M). In the same year, the main importing countries for Mineral or Chemical Phosphatic were Brazil (US$1.48B), Bangladesh (US$772M), and United States (US$322M).