ProceduresGovernment

Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816

Código 2511 (Harmonized System 2012 by 4 digits)

 2023: US$66.7M, Total Trade Exchange

2023: US$48.1M, International Sales

  2023: US$18.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 was US$66.7M.

In 2023, the states with the most international sales in Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were Nuevo León (US$24.5M), Coahuila de Zaragoza (US$5.93M), and Chihuahua (US$3.86M).

The states with the most international purchases in 2023 were Ciudad de México (US$6.41M), Estado de México (US$3.17M), Chihuahua (US$1.03M), Querétaro (US$360k), and Guanajuato (US$161k).

In 2023, the main commercial destinations of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were United States (US$32.4M), Canada (US$1.37M), Netherlands (US$438k), Guatemala (US$20.2k), and Turkey (US$11.5k).

The main commercial origins of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 in 2023 were Morocco (US$5.24M), United States (US$3.48M), India (US$1.47M), China (US$615k), and Spain (US$262k).

In the global context, the main exporting countries of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 in 2022 were India (US$262M), China (US$168M), and Morocco (US$118M). In the same year, the main importing countries of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were United States (US$259M), Kuwait (US$100M), and Saudi Arabia (US$73.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$66.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 in Mexico (including international purchases and sales) was US$66.7M.

The visualizations show the net balance of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 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 section

July, 2024

  • US$632k, International Purchases
  • US$4.02M, International Sales

In July 2024, international sales of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were US$4.02M, while international purchases reached US$632k. The above results in a trade balance of US$3.39M.

Market Concentration

#permalink to section

2024-Q3: US$1.8M, International Sales

The visualization shows the quarterly concentration of international sales of Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 at state level.

In the third quarter of 2024, international sales were US$1.8M, being the states with the most sales Nuevo León (US$1.8M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$24.5M, State with the Most International Sales (2023)

United States: US$32.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were Nuevo León (US$24.5M), Coahuila de Zaragoza (US$5.93M), and Chihuahua (US$3.86M).

In 2023, the countries with the most international purchases from Mexico were United States (US$32.4M), Canada (US$1.37M), Netherlands (US$438k), Guatemala (US$20.2k), and Turkey (US$11.5k).

International Purchases

#permalink to section

Ciudad de México: US$6.41M, State with the Most International Purchases (2023)

Morocco: US$5.24M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were Ciudad de México (US$6.41M), Estado de México (US$3.17M), Chihuahua (US$1.03M), Querétaro (US$360k), and Guanajuato (US$161k).

The countries with the most international sales to Mexico in 2023 were Morocco (US$5.24M), United States (US$3.48M), India (US$1.47M), China (US$615k), and Spain (US$262k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816. 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

#permalink to section

  • 4.14%, Mexican share in global exports - 2022
  • 1.41%, Mexican share in global imports - 2022

The visualizations show the global market for Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816. 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 Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were India (US$262M), China (US$168M), and Morocco (US$118M). In the same year, the main importing countries for Natural Barium Sulphate (Barytes); Natural Barium Carbonate (Witherite), whether Calcined, other than Barium Oxide of Heading 2816 were United States (US$259M), Kuwait (US$100M), and Saudi Arabia (US$73.2M).