Mineral or Chemical Potassic
Código 3104 (Harmonized System 2012 by 4 digits)
2023: US$217M, Total Trade Exchange
2023: US$4.18M, International Sales
2023: US$213M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Mineral or Chemical Potassic was US$217M.
In 2023, the states with the most international sales in Mineral or Chemical Potassic were Estado de México (US$325k), Jalisco (US$249k), Ciudad de México (US$96.2k), Sinaloa (US$32.6k), and Nuevo León (US$25.2k).
The states with the most international purchases in 2023 were Jalisco (US$106M), Sonora (US$25.9M), Veracruz de Ignacio de la Llave (US$21.2M), Estado de México (US$15.6M), and Ciudad de México (US$14.7M).
In 2023, the main commercial destinations of Mineral or Chemical Potassic were Guatemala (US$237k), United States (US$174k), United Arab Emirates (US$79.7k), Panama (US$77.2k), and Belize (US$71.5k).
The main commercial origins of Mineral or Chemical Potassic in 2023 were Russia (US$40M), Canada (US$33.2M), Chile (US$24.9M), United States (US$23.7M), and China (US$23.7M).
In the global context, the main exporting countries of Mineral or Chemical Potassic in 2022 were Canada (US$13.7B), Russia (US$5.01B), and Germany (US$2.8B). In the same year, the main importing countries of Mineral or Chemical Potassic were Brazil (US$7.13B), United States (US$6.3B), and China (US$4.22B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$217M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Mineral or Chemical Potassic in Mexico (including international purchases and sales) was US$217M.
The visualizations show the net balance of Mineral or Chemical Potassic 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$8.06M, International Purchases
- US$46.8k, International Sales
In July 2024, international sales of Mineral or Chemical Potassic were US$46.8k, while international purchases reached US$8.06M. The above results in a trade balance of -US$8.02M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$325k, State with the Most International Sales (2023)
Guatemala: US$237k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Mineral or Chemical Potassic were Estado de México (US$325k), Jalisco (US$249k), Ciudad de México (US$96.2k), Sinaloa (US$32.6k), and Nuevo León (US$25.2k).
In 2023, the countries with the most international purchases from Mexico were Guatemala (US$237k), United States (US$174k), United Arab Emirates (US$79.7k), Panama (US$77.2k), and Belize (US$71.5k).
International Purchases
#permalink to sectionJalisco: US$106M, State with the Most International Purchases (2023)
Russia: US$40M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Mineral or Chemical Potassic were Jalisco (US$106M), Sonora (US$25.9M), Veracruz de Ignacio de la Llave (US$21.2M), Estado de México (US$15.6M), and Ciudad de México (US$14.7M).
The countries with the most international sales to Mexico in 2023 were Russia (US$40M), Canada (US$33.2M), Chile (US$24.9M), United States (US$23.7M), and China (US$23.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Mineral or Chemical Potassic and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Mineral or Chemical Potassic. 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- 0.0085%, Mexican share in global exports - 2022
- 0.88%, Mexican share in global imports - 2022
The visualizations show the global market for Mineral or Chemical Potassic. 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 Potassic were Canada (US$13.7B), Russia (US$5.01B), and Germany (US$2.8B). In the same year, the main importing countries for Mineral or Chemical Potassic were Brazil (US$7.13B), United States (US$6.3B), and China (US$4.22B).