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Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure

Código 2519 (Harmonized System 2012 by 4 digits)

 2023: US$55.9M, Total Trade Exchange

2023: US$28.6M, International Sales

  2023: US$27.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure was US$55.9M.

In 2023, the states with the most international sales in Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were Coahuila de Zaragoza (US$28.2M), Estado de México (US$117k), Tamaulipas (US$101k), Nuevo León (US$80k), and Guanajuato (US$18.4k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$12.3M), Ciudad de México (US$5.42M), Nuevo León (US$4.36M), Jalisco (US$1.34M), and Estado de México (US$1.01M).

In 2023, the main commercial destinations of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were United States (US$10.5M), China (US$2.73M), Turkey (US$2.51M), Poland (US$2.37M), and Japan (US$1.84M).

The main commercial origins of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure in 2023 were Brazil (US$11.4M), Spain (US$3.6M), Israel (US$3.54M), United States (US$2.96M), and China (US$2.51M).

In the global context, the main exporting countries of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure in 2022 were China (US$1.35B), United States (US$184M), and Turkey (US$124M). In the same year, the main importing countries of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were United States (US$348M), Germany (US$288M), and Democratic Republic of the Congo (US$222M).

Trade Balance of Mexico

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Net Trade Balance

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US$55.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure in Mexico (including international purchases and sales) was US$55.9M.

The visualizations show the net balance of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure 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

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July, 2024

  • US$4.16M, International Purchases
  • US$2.26M, International Sales

In July 2024, international sales of Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were US$2.26M, while international purchases reached US$4.16M. The above results in a trade balance of -US$1.89M.

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$28.2M, State with the Most International Sales (2023)

United States: US$10.5M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were Coahuila de Zaragoza (US$28.2M), Estado de México (US$117k), Tamaulipas (US$101k), Nuevo León (US$80k), and Guanajuato (US$18.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$10.5M), China (US$2.73M), Turkey (US$2.51M), Poland (US$2.37M), and Japan (US$1.84M).

International Purchases

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Coahuila de Zaragoza: US$12.3M, State with the Most International Purchases (2023)

Brazil: US$11.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were Coahuila de Zaragoza (US$12.3M), Ciudad de México (US$5.42M), Nuevo León (US$4.36M), Jalisco (US$1.34M), and Estado de México (US$1.01M).

The countries with the most international sales to Mexico in 2023 were Brazil (US$11.4M), Spain (US$3.6M), Israel (US$3.54M), United States (US$2.96M), and China (US$2.51M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure  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); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure. 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

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  • 1.33%, Mexican share in global exports - 2022
  • 0.91%, Mexican share in global imports - 2022

The visualizations show the global market for Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure. 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); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were China (US$1.35B), United States (US$184M), and Turkey (US$124M). In the same year, the main importing countries for Natural Magnesium Carbonate (Magnesite); Fused Magnesia; Magnesia Burned (Sintered), even Small Amounts of other Oxides Added before Sintering; other Magnesium Oxide, whether or not Pure were United States (US$348M), Germany (US$288M), and Democratic Republic of the Congo (US$222M).