The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rum and other Spirits Obtained from Products of Sugarcane, Distilled and Fermented and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rum and other Spirits Obtained from Products of Sugarcane, Distilled and Fermented. 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 Rum and other Spirits Obtained from Products of Sugarcane, Distilled and Fermented. 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 Rum and other Spirits Obtained from Products of Sugarcane, Distilled and Fermented were Italy (US$216M), United States (US$209M), and Dominican Republic (US$155M). In the same year, the main importing countries for Rum and other Spirits Obtained from Products of Sugarcane, Distilled and Fermented were United States (US$181M), Germany (US$178M), and Spain (US$174M).