ProceduresGovernment

Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates

Código 2615 (Harmonized System 2012 by 4 digits)

 2023: US$25.9M, Total Trade Exchange

2023: US$3.91M, International Sales

  2023: US$22M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates was US$25.9M.

In 2023, the states with the most international sales in Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were Nuevo León (US$288k).

The states with the most international purchases in 2023 were Nuevo León (US$17.1M), Estado de México (US$978k), Hidalgo (US$445k), Tamaulipas (US$329k), and Ciudad de México (US$76.4k).

In 2023, the main commercial destinations of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were United States (US$288k) and Peru (US$20).

The main commercial origins of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in 2023 were South Africa (US$11.1M), United States (US$6.58M), China (US$678k), Australia (US$200k), and Malaysia (US$126k).

In the global context, the main exporting countries of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in 2022 were South Africa (US$635M), Australia (US$412M), and Indonesia (US$214M). In the same year, the main importing countries of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were China (US$967M), Spain (US$247M), and United States (US$193M).

Trade Balance of Mexico

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Net Trade Balance

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US$25.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Mexico (including international purchases and sales) was US$25.9M.

The visualizations show the net balance of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates 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$1.83M, International Purchases

In July 2024, international sales of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were US$0, while international purchases reached US$1.83M. The above results in a trade balance of -US$1.83M.

Exchange by Territory

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International Sales

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Nuevo León: US$288k, State with the Most International Sales (2023)

United States: US$288k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were Nuevo León (US$288k).

In 2023, the countries with the most international purchases from Mexico were United States (US$288k) and Peru (US$20).

International Purchases

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Nuevo León: US$17.1M, State with the Most International Purchases (2023)

South Africa: US$11.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were Nuevo León (US$17.1M), Estado de México (US$978k), Hidalgo (US$445k), Tamaulipas (US$329k), and Ciudad de México (US$76.4k).

The countries with the most international sales to Mexico in 2023 were South Africa (US$11.1M), United States (US$6.58M), China (US$678k), Australia (US$200k), and Malaysia (US$126k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates. 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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  • 0.063%, Mexican share in global exports - 2022
  • 0.82%, Mexican share in global imports - 2022

The visualizations show the global market for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates. 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, Tantalum, Vanadium or Zirconium Ores and Concentrates were South Africa (US$635M), Australia (US$412M), and Indonesia (US$214M). In the same year, the main importing countries for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates were China (US$967M), Spain (US$247M), and United States (US$193M).