Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement
Code 25 (Harmonized System 2012 by 2 digits)
2023: US$1.86B, Total Trade Exchange
2023: US$898M, International Sales
2023: US$962M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement was US$1.86B.
In 2023, the states with the most international sales in Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were Nuevo León (US$283M), San Luis Potosí (US$198M), Chihuahua (US$61.6M), Coahuila de Zaragoza (US$49.8M), and Sonora (US$34.3M).
The states with the most international purchases in 2023 were Veracruz de Ignacio de la Llave (US$222M), Nuevo León (US$195M), Michoacán de Ocampo (US$117M), Ciudad de México (US$107M), and Estado de México (US$65.7M).
In 2023, the main commercial destinations of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were United States (US$542M), Italy (US$58M), Guatemala (US$19.2M), Tunisia (US$15.4M), and Netherlands (US$15.4M).
The main commercial origins of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement in 2023 were United States (US$417M), Morocco (US$252M), Spain (US$52.9M), Senegal (US$27.8M), and Peru (US$27.2M).
In the global context, the main exporting countries of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement in 2022 were Australia (US$8.66B), China (US$5.1B), and Turkey (US$4.5B). In the same year, the main importing countries of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were China (US$14.8B), United States (US$6.36B), and India (US$4.81B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.86B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement in Mexico (including international purchases and sales) was US$1.86B.
The visualizations show the net balance of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement 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$70.6M, International Sales
- US$72.8M, International Purchases
In July 2024, international sales of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were US$70.6M and a total of US$72.8M in international purchases. For this month the net trade balance of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement it was of -US$2.21M.
Market Concentration
#permalink to section2024-Q3: US$52.2M, International Sales
The visualization shows the quarterly concentration of international sales of Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement at state level.
In the third quarter of 2024, international sales were US$52.2M, being the states with the most sales Nuevo León (US$18.5M), San Luis Potosí (US$11.2M), and Chihuahua (US$4.43M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$283M, State with the Most International Sales (2023)
United States: US$542M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were Nuevo León (US$283M), San Luis Potosí (US$198M), Chihuahua (US$61.6M), Coahuila de Zaragoza (US$49.8M), and Sonora (US$34.3M).
In 2023, the countries with the most international purchases from Mexico were United States (US$542M), Italy (US$58M), Guatemala (US$19.2M), Tunisia (US$15.4M), and Netherlands (US$15.4M).
International Purchases
#permalink to sectionVeracruz de Ignacio de la Llave: US$222M, State with the Most International Purchases (2023)
United States: US$417M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were Veracruz de Ignacio de la Llave (US$222M), Nuevo León (US$195M), Michoacán de Ocampo (US$117M), Ciudad de México (US$107M), and Estado de México (US$65.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$417M), Morocco (US$252M), Spain (US$52.9M), Senegal (US$27.8M), and Peru (US$27.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement. 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- 1.42%, Mexican share in global exports - 2022
- 1.12%, Mexican share in global imports - 2022
The visualizations show the global market for Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement. 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 Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were Australia (US$8.66B), China (US$5.1B), and Turkey (US$4.5B). In the same year, the main importing countries for Salt; Sulfur; Earths and Stone; Gypsum, Lime and Cement were China (US$14.8B), United States (US$6.36B), and India (US$4.81B).