ProceduresGovernment

Silver Nitrate

Código 284321 (Harmonized System 2012 by 6 digits)

2022: US$116k, International Sales

  2023: US$2.51M, International Purchases

In 2013, the states with the most international sales in Silver Nitrate were Nuevo León (US$5.56k).

The states with the most international purchases in 2023 were Nuevo León (US$963k), Estado de México (US$407k), Ciudad de México (US$401k), Querétaro (US$40.9k), and Sonora (US$28.4k).

In 2013, the main commercial destinations of Silver Nitrate were Costa Rica (US$5.52k), Finland (US$19), and Singapore (US$19).

The main commercial origins of Silver Nitrate in 2023 were United States (US$1.15M), Belgium (US$513k), France (US$149k), Germany (US$15.3k), and Peru (US$9.18k).

In the global context, the main exporting countries of Silver Nitrate in 2022 were United Kingdom (US$127M), Belgium (US$28.2M), and Netherlands (US$24.2M). In the same year, the main importing countries of Silver Nitrate were Netherlands (US$106M), Germany (US$19.4M), and France (US$16.4M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Silver Nitrate 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

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July, 2024: US$27.3k, International Purchases

In July 2024, international sales of Silver Nitrate were US$0, while international purchases reached US$27.3k. The above results in a trade balance of -US$27.3k.

Exchange by Territory

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International Sales

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Year

Nuevo León: US$5.56k, State with the Most International Sales (2013)

Costa Rica: US$5.52k, Main commercial destination (2013)

In 2013, the states with the highest international sales in Silver Nitrate were Nuevo León (US$5.56k).

In 2013, the countries with the most international purchases from Mexico were Costa Rica (US$5.52k), Finland (US$19), and Singapore (US$19).

International Purchases

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Nuevo León: US$963k, State with the Most International Purchases (2023)

United States: US$1.15M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Silver Nitrate were Nuevo León (US$963k), Estado de México (US$407k), Ciudad de México (US$401k), Querétaro (US$40.9k), and Sonora (US$28.4k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.15M), Belgium (US$513k), France (US$149k), Germany (US$15.3k), and Peru (US$9.18k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Silver Nitrate  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Silver Nitrate. 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.

Origins and Trade Destinations

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  • 0.014%, Mexican share in global exports - 2022
  • 1.28%, Mexican share in global imports - 2022

The visualizations show the global market for Silver Nitrate. 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 Silver Nitrate were United Kingdom (US$127M), Belgium (US$28.2M), and Netherlands (US$24.2M). In the same year, the main importing countries for Silver Nitrate were Netherlands (US$106M), Germany (US$19.4M), and France (US$16.4M).