Platinum, Unwrought or in Powder Form
Código 7110 (Harmonized System 2012 by 4 digits)
2023: US$44.5M, Total Trade Exchange
2023: US$4.17M, International Sales
2023: US$40.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Platinum, Unwrought or in Powder Form was US$44.5M.
In 2023, the states with the most international sales in Platinum, Unwrought or in Powder Form were Sonora (US$2.12M), Ciudad de México (US$1.62M), and Baja California (US$335k).
The states with the most international purchases in 2023 were Yucatán (US$16.7M), Baja California (US$15.6M), Ciudad de México (US$4.25M), Sonora (US$2.18M), and Coahuila de Zaragoza (US$619k).
In 2023, the main commercial destinations of Platinum, Unwrought or in Powder Form were United States (US$4.07M), Canada (US$775), and Singapore (US$65).
The main commercial origins of Platinum, Unwrought or in Powder Form in 2023 were United States (US$34.8M), United Kingdom (US$2.66M), Singapore (US$1.18M), Canada (US$912k), and China (US$294k).
In the global context, the main exporting countries of Platinum, Unwrought or in Powder Form in 2022 were South Africa (US$21.4B), United Kingdom (US$7.71B), and Russia (US$7.15B). In the same year, the main importing countries of Platinum, Unwrought or in Powder Form were United States (US$13.7B), Japan (US$9.57B), and Germany (US$9.49B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$44.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Platinum, Unwrought or in Powder Form in Mexico (including international purchases and sales) was US$44.5M.
The visualizations show the net balance of Platinum, Unwrought or in Powder Form 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
#permalink to sectionJuly, 2024
- US$4.7M, International Purchases
- US$78.7k, International Sales
In July 2024, international sales of Platinum, Unwrought or in Powder Form were US$78.7k, while international purchases reached US$4.7M. The above results in a trade balance of -US$4.62M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$2.12M, State with the Most International Sales (2023)
United States: US$4.07M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Platinum, Unwrought or in Powder Form were Sonora (US$2.12M), Ciudad de México (US$1.62M), and Baja California (US$335k).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.07M), Canada (US$775), and Singapore (US$65).
International Purchases
#permalink to sectionYucatán: US$16.7M, State with the Most International Purchases (2023)
United States: US$34.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Platinum, Unwrought or in Powder Form were Yucatán (US$16.7M), Baja California (US$15.6M), Ciudad de México (US$4.25M), Sonora (US$2.18M), and Coahuila de Zaragoza (US$619k).
The countries with the most international sales to Mexico in 2023 were United States (US$34.8M), United Kingdom (US$2.66M), Singapore (US$1.18M), Canada (US$912k), and China (US$294k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Platinum, Unwrought or in Powder Form and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Platinum, Unwrought or in Powder Form. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.064%, Mexican share in global exports - 2022
- 0.035%, Mexican share in global imports - 2022
The visualizations show the global market for Platinum, Unwrought or in Powder Form. 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, Unwrought or in Powder Form were South Africa (US$21.4B), United Kingdom (US$7.71B), and Russia (US$7.15B). In the same year, the main importing countries for Platinum, Unwrought or in Powder Form were United States (US$13.7B), Japan (US$9.57B), and Germany (US$9.49B).