ProceduresGovernment

Platinum, Semimanufactured

Código 711019 (Harmonized System 2012 by 6 digits)

 2023: US$30.4M, Total Trade Exchange

2023: US$553k, International Sales

  2023: US$29.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Platinum, Semimanufactured was US$30.4M.

In 2023, the states with the most international sales in Platinum, Semimanufactured were Baja California (US$95.9k) and Sonora (US$67k).

The states with the most international purchases in 2023 were Yucatán (US$16.3M), Baja California (US$9.99M), Ciudad de México (US$1.5M), Coahuila de Zaragoza (US$619k), and Tamaulipas (US$572k).

In 2023, the main commercial destinations of Platinum, Semimanufactured were United States (US$163k) and Singapore (US$65).

The main commercial origins of Platinum, Semimanufactured in 2023 were United States (US$27.6M), Singapore (US$1.18M), Canada (US$654k), Germany (US$253k), and Japan (US$38.7k).

In the global context, the main exporting countries of Platinum, Semimanufactured in 2022 were South Africa (US$1.82B), United Kingdom (US$1.42B), and United Arab Emirates (US$1.17B). In the same year, the main importing countries of Platinum, Semimanufactured were India (US$1.24B), United Kingdom (US$1.08B), and Hong Kong (US$892M).

Trade Balance of Mexico

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Net Trade Balance

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US$30.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Platinum, Semimanufactured in Mexico (including international purchases and sales) was US$30.4M.

The visualizations show the net balance of Platinum, Semimanufactured 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 Trade Balance by State

Net Trade Balance of Mexico and the World (2023)

Net International Trade

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November, 2024

  • US$2.93M, International Purchases
  • US$280k, International Sales

In November 2024, international sales of Platinum, Semimanufactured were US$280k, while international purchases reached US$2.93M. The above results in a trade balance of -US$2.65M.

Net International Trade in Platinum, Semimanufactured
Monthly Flow, according to data from customs tape

Exchange by Territory

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International Sales

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Baja California: US$95.9k, State with the Most International Sales (2023)

United States: US$163k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Platinum, Semimanufactured were Baja California (US$95.9k) and Sonora (US$67k).

In 2023, the countries with the most international purchases from Mexico were United States (US$163k) and Singapore (US$65).

Internationals Sales by State (2023)
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International Sales by Country (2023)
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International Purchases

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Yucatán: US$16.3M, State with the Most International Purchases (2023)

United States: US$27.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Platinum, Semimanufactured were Yucatán (US$16.3M), Baja California (US$9.99M), Ciudad de México (US$1.5M), Coahuila de Zaragoza (US$619k), and Tamaulipas (US$572k).

The countries with the most international sales to Mexico in 2023 were United States (US$27.6M), Singapore (US$1.18M), Canada (US$654k), Germany (US$253k), and Japan (US$38.7k).

International Purchases by State (2023)
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International Purchases by Country (2023)
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Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Platinum, Semimanufactured  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Platinum, Semimanufactured. 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.

Specialization and Complexity in Platinum, Semimanufactured

Origins and Trade Destinations

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  • 0.59%, Mexican share in global exports - 2022
  • 0.24%, Mexican share in global imports - 2022

The visualizations show the global market for Platinum, Semimanufactured. 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 Platinum, Semimanufactured were South Africa (US$1.82B), United Kingdom (US$1.42B), and United Arab Emirates (US$1.17B). In the same year, the main importing countries for Platinum, Semimanufactured were India (US$1.24B), United Kingdom (US$1.08B), and Hong Kong (US$892M).

Trade Origins (2022)

Trade Destinations (2022)