Natural Magnesium Carbonate "Magnesite"
Código 251910 (Harmonized System 2012 by 6 digits)
2023: US$211k, Total Trade Exchange
2023: US$34.7k, International Sales
2023: US$177k, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Natural Magnesium Carbonate "Magnesite" was US$211k.
The states with the most international purchases in 2023 were Nuevo León (US$52.6k) and Ciudad de México (US$17.9k).
The main commercial origins of Natural Magnesium Carbonate "Magnesite" in 2023 were United States (US$43.4k), Greece (US$15k), Taiwan (Republic of China) (US$10.4k), Spain (US$625), and China (US$595).
In the global context, the main exporting countries of Natural Magnesium Carbonate "Magnesite" in 2022 were China (US$104M), Spain (US$15.8M), and Turkey (US$7.43M). In the same year, the main importing countries of Natural Magnesium Carbonate "Magnesite" were Indonesia (US$73.6M), Japan (US$16.8M), and United States (US$8.39M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$211k, Total Trade Exchange (2023)
In 2023, the total trade exchange of Natural Magnesium Carbonate "Magnesite" in Mexico (including international purchases and sales) was US$211k.
The visualizations show the net balance of Natural Magnesium Carbonate "Magnesite" 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 sectionJune, 2024: US$21.6k, International Purchases
In June 2024, international sales of Natural Magnesium Carbonate "Magnesite" were US$0, while international purchases reached US$21.6k. The above results in a trade balance of -US$21.6k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionNuevo León: US$52.6k, State with the Most International Purchases (2023)
United States: US$43.4k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Natural Magnesium Carbonate "Magnesite" were Nuevo León (US$52.6k) and Ciudad de México (US$17.9k).
The countries with the most international sales to Mexico in 2023 were United States (US$43.4k), Greece (US$15k), Taiwan (Republic of China) (US$10.4k), Spain (US$625), and China (US$595).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Natural Magnesium Carbonate "Magnesite" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Natural Magnesium Carbonate "Magnesite". 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- 0.067%, Mexican share in global exports - 2022
- 0.061%, Mexican share in global imports - 2022
The visualizations show the global market for Natural Magnesium Carbonate "Magnesite". 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 Magnesium Carbonate "Magnesite" were China (US$104M), Spain (US$15.8M), and Turkey (US$7.43M). In the same year, the main importing countries for Natural Magnesium Carbonate "Magnesite" were Indonesia (US$73.6M), Japan (US$16.8M), and United States (US$8.39M).