The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Others Musical String (For Example, Guitars, Violins, Harps) Instruments and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Others Musical String (For Example, Guitars, Violins, Harps) Instruments. 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.
The visualizations show the global market for Others Musical String (For Example, Guitars, Violins, Harps) Instruments. 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 Others Musical String (For Example, Guitars, Violins, Harps) Instruments were China (US$505M), United States (US$142M), and Indonesia (US$116M). In the same year, the main importing countries for Others Musical String (For Example, Guitars, Violins, Harps) Instruments were United States (US$267M), Germany (US$87.4M), and Japan (US$59.6M).