Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium)
Código 283329 (Harmonized System 2012 by 6 digits)
2023: US$116M, Total Trade Exchange
2023: US$94M, International Sales
2023: US$22.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) was US$116M.
In 2023, the states with the most international sales in Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were Nuevo León (US$63.6M), Sonora (US$4.13M), Jalisco (US$468k), Estado de México (US$128k), and Baja California (US$10.5k).
The states with the most international purchases in 2023 were Guanajuato (US$12.1M), Ciudad de México (US$3.45M), Jalisco (US$2.38M), Estado de México (US$1.34M), and Baja California (US$682k).
In 2023, the main commercial destinations of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were United States (US$47.6M), Brazil (US$5.94M), South Korea (US$4.07M), Netherlands (US$3.21M), and Pakistan (US$1.8M).
The main commercial origins of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) in 2023 were China (US$5.31M), Germany (US$4.22M), India (US$3.64M), United States (US$1.99M), and Finland (US$1.74M).
In the global context, the main exporting countries of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) in 2022 were China (US$714M), Taiwan (Republic of China) (US$214M), and Chile (US$206M). In the same year, the main importing countries of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were China (US$365M), Japan (US$315M), and United States (US$248M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$116M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) in Mexico (including international purchases and sales) was US$116M.
The visualizations show the net balance of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) 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$2.15M, International Purchases
- US$12.2M, International Sales
In July 2024, international sales of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were US$12.2M, while international purchases reached US$2.15M. The above results in a trade balance of US$10M.
Market Concentration
#permalink to section2024-Q3: US$8.22M, International Sales
The visualization shows the quarterly concentration of international sales of Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) at state level.
In the third quarter of 2024, international sales were US$8.22M, being the states with the most sales Nuevo León (US$8.22M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$63.6M, State with the Most International Sales (2023)
United States: US$47.6M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were Nuevo León (US$63.6M), Sonora (US$4.13M), Jalisco (US$468k), Estado de México (US$128k), and Baja California (US$10.5k).
In 2023, the countries with the most international purchases from Mexico were United States (US$47.6M), Brazil (US$5.94M), South Korea (US$4.07M), Netherlands (US$3.21M), and Pakistan (US$1.8M).
International Purchases
#permalink to sectionGuanajuato: US$12.1M, State with the Most International Purchases (2023)
China: US$5.31M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were Guanajuato (US$12.1M), Ciudad de México (US$3.45M), Jalisco (US$2.38M), Estado de México (US$1.34M), and Baja California (US$682k).
The countries with the most international sales to Mexico in 2023 were China (US$5.31M), Germany (US$4.22M), India (US$3.64M), United States (US$1.99M), and Finland (US$1.74M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium). 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- 6%, Mexican share in global exports - 2022
- 1.62%, Mexican share in global imports - 2022
The visualizations show the global market for Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium). 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 Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were China (US$714M), Taiwan (Republic of China) (US$214M), and Chile (US$206M). In the same year, the main importing countries for Sulfates (Exc. Sodium, Magnesium, Aluminum, Chromium, Nickel, Copper, Zinc and Barium) were China (US$365M), Japan (US$315M), and United States (US$248M).