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Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates)

Código 261790 (Harmonized System 2012 by 6 digits)

 2023: US$2.05M, Total Trade Exchange

2023: US$1.52M, International Sales

  2023: US$529k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) was US$2.05M.

In 2023, the states with the most international sales in Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were Ciudad de México (US$3.2k).

The states with the most international purchases in 2023 were Sonora (US$82.5k) and Ciudad de México (US$59.6k).

In 2023, the main commercial destinations of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were United States (US$3.05k) and Canada (US$150).

The main commercial origins of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) in 2023 were Canada (US$97.6k), United States (US$21.3k), Australia (US$14.2k), Argentina (US$4.3k), and New Zealand (US$2.64k).

In the global context, the main exporting countries of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) in 2022 were Democratic Republic of the Congo (US$69.5M), Canada (US$48.3M), and Kenya (US$13.1M). In the same year, the main importing countries of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were China (US$69.1M), Hong Kong (US$44.1M), and Japan (US$17.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.05M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) in Mexico (including international purchases and sales) was US$2.05M.

The visualizations show the net balance of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony 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$14.3k, International Purchases

In July 2024, international sales of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were US$0, while international purchases reached US$14.3k. The above results in a trade balance of -US$14.3k.

Market Concentration

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2024-Q1: US$2.1M, International Sales

The visualization shows the quarterly concentration of international sales of Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) at state level.

In the first quarter of 2024, international sales were US$2.1M, being the states with the most sales Sonora (US$2.1M).

Exchange by Territory

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International Sales

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Ciudad de México: US$3.2k, State with the Most International Sales (2023)

United States: US$3.05k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were Ciudad de México (US$3.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.05k) and Canada (US$150).

International Purchases

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Sonora: US$82.5k, State with the Most International Purchases (2023)

Canada: US$97.6k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were Sonora (US$82.5k) and Ciudad de México (US$59.6k).

The countries with the most international sales to Mexico in 2023 were Canada (US$97.6k), United States (US$21.3k), Australia (US$14.2k), Argentina (US$4.3k), and New Zealand (US$2.64k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony 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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  • 4.56%, Mexican share in global exports - 2022
  • 1.63%, Mexican share in global imports - 2022

The visualizations show the global market for Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony 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 Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were Democratic Republic of the Congo (US$69.5M), Canada (US$48.3M), and Kenya (US$13.1M). In the same year, the main importing countries for Ores and Concentrates (Excl. Iron Ore, Manganese, Copper, Nickel, Cobalt, Aluminum, Lead, Zinc, Tin, Chromium, Tungsten "Tungsten" Uranium, Thorium, Molybdenum, Titanium, Niobium, Tantalum, Vanadium, Zirconium Precious Metals or Antimony Ores and Concentrates) were China (US$69.1M), Hong Kong (US$44.1M), and Japan (US$17.8M).