Silver Ores and Concentrates
Código 261610 (Harmonized System 2012 by 6 digits)
2023: US$282M, International Sales
2021: US$13.7M, International Purchases
In 2023, the states with the most international sales in Silver Ores and Concentrates were Ciudad de México (US$51.7M).
The states with the most international purchases in 2016 were Ciudad de México (US$2.17M).
In 2023, the main commercial destinations of Silver Ores and Concentrates were South Korea (US$20.9M), China (US$14.2M), Canada (US$4.62M), Bulgaria (US$3.75M), and Switzerland (US$3.31M).
The main commercial origins of Silver Ores and Concentrates in 2016 were South Korea (US$2.16M), Puerto Rico (US$693), Austria (US$197), and United Kingdom (US$1).
In the global context, the main exporting countries of Silver Ores and Concentrates in 2022 were Mexico (US$1.13B), Peru (US$761M), and Bolivia (US$722M). In the same year, the main importing countries of Silver Ores and Concentrates were China (US$2.55B), South Korea (US$411M), and Japan (US$251M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Silver Ores and Concentrates 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$20.1M, International Sales
In July 2024, international sales of Silver Ores and Concentrates were US$20.1M, while international purchases reached US$0. The above results in a trade balance of US$20.1M.
Market Concentration
#permalink to section2024-Q3: US$3.12M, International Sales
The visualization shows the quarterly concentration of international sales of Silver Ores and Concentrates at state level.
In the third quarter of 2024, international sales were US$3.12M, being the states with the most sales Ciudad de México (US$3.12M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$51.7M, State with the Most International Sales (2023)
South Korea: US$20.9M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Silver Ores and Concentrates were Ciudad de México (US$51.7M).
In 2023, the countries with the most international purchases from Mexico were South Korea (US$20.9M), China (US$14.2M), Canada (US$4.62M), Bulgaria (US$3.75M), and Switzerland (US$3.31M).
International Purchases
#permalink to sectionCiudad de México: US$2.17M, State with the Most International Purchases (2016)
South Korea: US$2.16M, Main Commercial Origin (2016)
In 2016, the states with the highest international in Silver Ores and Concentrates were Ciudad de México (US$2.17M).
The countries with the most international sales to Mexico in 2016 were South Korea (US$2.16M), Puerto Rico (US$693), Austria (US$197), and United Kingdom (US$1).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Silver Ores and Concentrates and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Silver Ores and Concentrates. 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- 29.9%, Mexican share in global exports - 2022
- 0.0015%, Mexican share in global imports - 2022
The visualizations show the global market for Silver Ores and Concentrates. 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 Ores and Concentrates were Mexico (US$1.13B), Peru (US$761M), and Bolivia (US$722M). In the same year, the main importing countries for Silver Ores and Concentrates were China (US$2.55B), South Korea (US$411M), and Japan (US$251M).