ProceduresGovernment

Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals

Código 284390 (Harmonized System 2012 by 6 digits)

 2023: US$656M, Total Trade Exchange

2023: US$19.8M, International Sales

  2023: US$636M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals was US$656M.

In 2022, the states with the most international sales in Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were Jalisco (US$1.21M).

The states with the most international purchases in 2023 were Estado de México (US$10.5M), Yucatán (US$558k), Ciudad de México (US$129k), Baja California (US$118k), and Jalisco (US$112k).

In 2022, the main commercial destinations of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were Italy (US$1.21M), Guatemala (US$2.72k), Puerto Rico (US$360), and Honduras (US$57).

The main commercial origins of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals in 2023 were United States (US$10.9M), Italy (US$370k), Colombia (US$97k), China (US$22.9k), and Germany (US$16.6k).

In the global context, the main exporting countries of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals in 2022 were Japan (US$2.26B), Germany (US$1.74B), and United Kingdom (US$1.54B). In the same year, the main importing countries of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were India (US$1.77B), Mexico (US$790M), and Germany (US$630M).

Trade Balance of Mexico

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Net Trade Balance

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US$656M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals in Mexico (including international purchases and sales) was US$656M.

The visualizations show the net balance of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals 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$36.6M, International Purchases

In July 2024, international sales of Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were US$0, while international purchases reached US$36.6M. The above results in a trade balance of -US$36.6M.

Exchange by Territory

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International Sales

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Jalisco: US$1.21M, State with the Most International Sales (2022)

Italy: US$1.21M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were Jalisco (US$1.21M).

In 2022, the countries with the most international purchases from Mexico were Italy (US$1.21M), Guatemala (US$2.72k), Puerto Rico (US$360), and Honduras (US$57).

International Purchases

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Estado de México: US$10.5M, State with the Most International Purchases (2023)

United States: US$10.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were Estado de México (US$10.5M), Yucatán (US$558k), Ciudad de México (US$129k), Baja California (US$118k), and Jalisco (US$112k).

The countries with the most international sales to Mexico in 2023 were United States (US$10.9M), Italy (US$370k), Colombia (US$97k), China (US$22.9k), and Germany (US$16.6k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals. 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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  • 0.074%, Mexican share in global exports - 2022
  • 9.7%, Mexican share in global imports - 2022

The visualizations show the global market for Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals. 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 Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were Japan (US$2.26B), Germany (US$1.74B), and United Kingdom (US$1.54B). In the same year, the main importing countries for Organic Compounds Inorganic or Precious Metals, Sean not Chemically Defined (Exc Gold and Silver.); Amalgams of Precious Metals were India (US$1.77B), Mexico (US$790M), and Germany (US$630M).