Niobium
Código 720293 (Harmonized System 2012 by 6 digits)
2019: US$200k, International Sales
2023: US$37.4M, International Purchases
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Niobium 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$858k, International Purchases
In June 2024, international sales of Niobium were US$0, while international purchases reached US$858k. The above results in a trade balance of -US$858k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCanada: US$9.3M, Main Commercial Origin (2023)
The countries with the most international sales to Mexico in 2023 were Canada (US$9.3M), Brazil (US$1.24M), and Spain (US$640k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Niobium and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Niobium. 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- 0.0046%, Mexican share in global exports - 2022
- 1.08%, Mexican share in global imports - 2022
The visualizations show the global market for Niobium. 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 Niobium were N/A. In the same year, the main importing countries for Niobium were N/A.