ProceduresGovernment

Ores, Slag and Ash

Code 26 (Harmonized System 2012 by 2 digits)

 2023: US$10.5B, Total Trade Exchange

2023: US$8.36B, International Sales

  2023: US$2.14B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Ores, Slag and Ash was US$10.5B.

In 2023, the states with the most international sales in Ores, Slag and Ash were Sonora (US$3.77B), Ciudad de México (US$3.11B), Coahuila de Zaragoza (US$659M), Querétaro (US$331M), and Durango (US$69.8M).

The states with the most international purchases in 2023 were Sonora (US$1.14B), Ciudad de México (US$429M), Coahuila de Zaragoza (US$84.6M), Nuevo León (US$83.9M), and Veracruz de Ignacio de la Llave (US$41M).

In 2023, the main commercial destinations of Ores, Slag and Ash were China (US$4.24B), South Korea (US$1.22B), Japan (US$581M), Switzerland (US$295M), and Singapore (US$245M).

The main commercial origins of Ores, Slag and Ash in 2023 were United States (US$1.23B), Peru (US$91.1M), Canada (US$74.2M), Australia (US$73.2M), and Ecuador (US$55.9M).

In the global context, the main exporting countries of Ores, Slag and Ash in 2022 were Australia (US$108B), Brazil (US$35.6B), and Chile (US$27.3B). In the same year, the main importing countries of Ores, Slag and Ash were China (US$195B), Japan (US$29.8B), and South Korea (US$21.3B).

Trade Balance of Mexico

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Net Trade Balance

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US$10.5B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Ores, Slag and Ash in Mexico (including international purchases and sales) was US$10.5B.

The visualizations show the net balance of Ores, Slag and Ash 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$738M, International Sales
  • US$195M, International Purchases

In July 2024, international sales of Ores, Slag and Ash were US$738M and a total of US$195M in international purchases. For this month the net trade balance of Ores, Slag and Ash it was of US$543M.

Market Concentration

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2024-Q3: US$684M, International Sales

The visualization shows the quarterly concentration of international sales of Ores, Slag and Ash at state level.

In the third quarter of 2024, international sales were US$684M, being the states with the most sales Ciudad de México (US$341M), Sonora (US$285M), and Coahuila de Zaragoza (US$45.9M).

Exchange by Territory

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International Sales

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Sonora: US$3.77B, State with the Most International Sales (2023)

China: US$4.24B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Ores, Slag and Ash were Sonora (US$3.77B), Ciudad de México (US$3.11B), Coahuila de Zaragoza (US$659M), Querétaro (US$331M), and Durango (US$69.8M).

In 2023, the countries with the most international purchases from Mexico were China (US$4.24B), South Korea (US$1.22B), Japan (US$581M), Switzerland (US$295M), and Singapore (US$245M).

International Purchases

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Sonora: US$1.14B, State with the Most International Purchases (2023)

United States: US$1.23B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Ores, Slag and Ash were Sonora (US$1.14B), Ciudad de México (US$429M), Coahuila de Zaragoza (US$84.6M), Nuevo León (US$83.9M), and Veracruz de Ignacio de la Llave (US$41M).

The countries with the most international sales to Mexico in 2023 were United States (US$1.23B), Peru (US$91.1M), Canada (US$74.2M), Australia (US$73.2M), and Ecuador (US$55.9M).

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, Slag and Ash  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Ores, Slag and Ash. 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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  • 2.22%, Mexican share in global exports - 2022
  • 0.51%, Mexican share in global imports - 2022

The visualizations show the global market for Ores, Slag and Ash. 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, Slag and Ash were Australia (US$108B), Brazil (US$35.6B), and Chile (US$27.3B). In the same year, the main importing countries for Ores, Slag and Ash were China (US$195B), Japan (US$29.8B), and South Korea (US$21.3B).