Tin and Articles Thereof
Code 80 (Harmonized System 2012 by 2 digits)
2023: US$232M, Total Trade Exchange
2023: US$56.6M, International Sales
2023: US$176M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Tin and Articles Thereof was US$232M.
In 2023, the states with the most international sales in Tin and Articles Thereof were Chihuahua (US$28.6M), Ciudad de México (US$10.3M), Estado de México (US$5.36M), Tamaulipas (US$4.49M), and Nuevo León (US$4.21M).
The states with the most international purchases in 2023 were Ciudad de México (US$49.1M), Nuevo León (US$46.4M), Chihuahua (US$27M), Jalisco (US$9.2M), and Tamaulipas (US$8M).
In 2023, the main commercial destinations of Tin and Articles Thereof were United States (US$39.7M), Belgium (US$5.63M), Spain (US$5.05M), Poland (US$4.1M), and Canada (US$783k).
The main commercial origins of Tin and Articles Thereof in 2023 were United States (US$47.6M), Bolivia (US$41.6M), Peru (US$35.8M), Brazil (US$16.3M), and China (US$7.01M).
In the global context, the main exporting countries of Tin and Articles Thereof in 2022 were Indonesia (US$2.95B), Peru (US$793M), and Bolivia (US$643M). In the same year, the main importing countries of Tin and Articles Thereof were China (US$1.13B), United States (US$953M), and Japan (US$869M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$232M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Tin and Articles Thereof in Mexico (including international purchases and sales) was US$232M.
The visualizations show the net balance of Tin and Articles Thereof 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$5.72M, International Sales
- US$16.3M, International Purchases
In July 2024, international sales of Tin and Articles Thereof were US$5.72M and a total of US$16.3M in international purchases. For this month the net trade balance of Tin and Articles Thereof it was of -US$10.6M.
Market Concentration
#permalink to section2024-Q3: US$3.56M, International Sales
The visualization shows the quarterly concentration of international sales of Tin and Articles Thereof at state level.
In the third quarter of 2024, international sales were US$3.56M, being the states with the most sales Chihuahua (US$2.43M), Nuevo León (US$524k), and Tamaulipas (US$422k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$28.6M, State with the Most International Sales (2023)
United States: US$39.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Tin and Articles Thereof were Chihuahua (US$28.6M), Ciudad de México (US$10.3M), Estado de México (US$5.36M), Tamaulipas (US$4.49M), and Nuevo León (US$4.21M).
In 2023, the countries with the most international purchases from Mexico were United States (US$39.7M), Belgium (US$5.63M), Spain (US$5.05M), Poland (US$4.1M), and Canada (US$783k).
International Purchases
#permalink to sectionCiudad de México: US$49.1M, State with the Most International Purchases (2023)
United States: US$47.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Tin and Articles Thereof were Ciudad de México (US$49.1M), Nuevo León (US$46.4M), Chihuahua (US$27M), Jalisco (US$9.2M), and Tamaulipas (US$8M).
The countries with the most international sales to Mexico in 2023 were United States (US$47.6M), Bolivia (US$41.6M), Peru (US$35.8M), Brazil (US$16.3M), and China (US$7.01M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tin and Articles Thereof and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tin and Articles Thereof. 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- 0.55%, Mexican share in global exports - 2022
- 1.63%, Mexican share in global imports - 2022
The visualizations show the global market for Tin and Articles Thereof. 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 Tin and Articles Thereof were Indonesia (US$2.95B), Peru (US$793M), and Bolivia (US$643M). In the same year, the main importing countries for Tin and Articles Thereof were China (US$1.13B), United States (US$953M), and Japan (US$869M).