ProceduresGovernment

Nickel Sulfate

Código 283324 (Harmonized System 2012 by 6 digits)

 2023: US$7.91M, Total Trade Exchange

2023: US$5.01k, International Sales

  2023: US$7.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Nickel Sulfate was US$7.91M.

In 2017, the states with the most international sales in Nickel Sulfate were Ciudad de México (US$24.9k).

The states with the most international purchases in 2023 were Ciudad de México (US$6.54M).

In 2017, the main commercial destinations of Nickel Sulfate were United States (US$9.4k), Guatemala (US$7.67k), Ecuador (US$3.95k), and El Salvador (US$3.85k).

The main commercial origins of Nickel Sulfate in 2023 were Belgium (US$3.36M), Taiwan (Republic of China) (US$1.55M), Finland (US$979k), South Africa (US$476k), and Germany (US$135k).

In the global context, the main exporting countries of Nickel Sulfate in 2022 were Finland (US$301M), Taiwan (Republic of China) (US$250M), and South Korea (US$204M). In the same year, the main importing countries of Nickel Sulfate were Japan (US$495M), China (US$268M), and Belgium (US$124M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$7.91M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Nickel Sulfate in Mexico (including international purchases and sales) was US$7.91M.

The visualizations show the net balance of Nickel Sulfate 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$403k, International Purchases

In July 2024, international sales of Nickel Sulfate were US$0, while international purchases reached US$403k. The above results in a trade balance of -US$403k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$24.9k, State with the Most International Sales (2017)

United States: US$9.4k, Main commercial destination (2017)

In 2017, the states with the highest international sales in Nickel Sulfate were Ciudad de México (US$24.9k).

In 2017, the countries with the most international purchases from Mexico were United States (US$9.4k), Guatemala (US$7.67k), Ecuador (US$3.95k), and El Salvador (US$3.85k).

International Purchases

#permalink to section

Ciudad de México: US$6.54M, State with the Most International Purchases (2023)

Belgium: US$3.36M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Nickel Sulfate were Ciudad de México (US$6.54M).

The countries with the most international sales to Mexico in 2023 were Belgium (US$3.36M), Taiwan (Republic of China) (US$1.55M), Finland (US$979k), South Africa (US$476k), and Germany (US$135k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Nickel Sulfate  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Nickel Sulfate. 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

  • 0.0004%, Mexican share in global exports - 2022
  • 0.52%, Mexican share in global imports - 2022

The visualizations show the global market for Nickel Sulfate. 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 Nickel Sulfate were Finland (US$301M), Taiwan (Republic of China) (US$250M), and South Korea (US$204M). In the same year, the main importing countries for Nickel Sulfate were Japan (US$495M), China (US$268M), and Belgium (US$124M).