Código 2528 (Harmonized System 2012 by 4 digits)
2023: US$5.17k, International Sales
2022: US$2.25M, International Purchases
The states with the most international purchases in 2023 were Nuevo León (US$442k) and Ciudad de México (US$35.3k).
The main commercial origins of Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product in 2023 were Turkey (US$399k), Argentina (US$74.5k), United Kingdom (US$1.89k), Italy (US$1.14k), and Germany (US$593).
In the global context, the main exporting countries of Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product in 2022 were Turkey (US$292M), Bolivia (US$80.1M), and Argentina (US$24.7M). In the same year, the main importing countries of Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product were China (US$129M), Brazil (US$70.3M), and India (US$30.2M).
The visualizations show the net balance of Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product 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.
July, 2024: US$161k, International Purchases
In July 2024, international sales of Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product were US$0, while international purchases reached US$161k. The above results in a trade balance of -US$161k.
Nuevo León: US$442k, State with the Most International Purchases (2023)
Turkey: US$399k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product were Nuevo León (US$442k) and Ciudad de México (US$35.3k).
The countries with the most international sales to Mexico in 2023 were Turkey (US$399k), Argentina (US$74.5k), United Kingdom (US$1.89k), Italy (US$1.14k), and Germany (US$593).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product. 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.
The visualizations show the global market for Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product. 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 Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product were Turkey (US$292M), Bolivia (US$80.1M), and Argentina (US$24.7M). In the same year, the main importing countries for Natural Borates and Concentrates Thereof (Calcined), but not Including Borates Separated from Natural Brine; Boric Acid Natural Containing H3Bo3 Exceeding 85%, Calculated on the Dry Product were China (US$129M), Brazil (US$70.3M), and India (US$30.2M).