Titanium Ores and their Concentrates
Código 2614 (Harmonized System 2012 by 4 digits)
2023: US$145M, Total Trade Exchange
2023: US$2.78M, International Sales
2023: US$142M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Titanium Ores and their Concentrates was US$145M.
In 2012, the states with the most international sales in Titanium Ores and their Concentrates were Ciudad de México (US$3.99M).
The states with the most international purchases in 2023 were Estado de México (US$4.03M) and Nuevo León (US$3.04M).
In 2012, the main commercial destinations of Titanium Ores and their Concentrates were China (US$3.84M), Ukraine (US$130k), Colombia (US$20.2k), and United States (US$13).
The main commercial origins of Titanium Ores and their Concentrates in 2023 were South Africa (US$4.58M), Mozambique (US$1.96M), China (US$235k), Kenya (US$117k), and Spain (US$58.7k).
In the global context, the main exporting countries of Titanium Ores and their Concentrates in 2022 were South Africa (US$684M), Australia (US$426M), and Mozambique (US$342M). In the same year, the main importing countries of Titanium Ores and their Concentrates were China (US$633M), United States (US$528M), and Japan (US$427M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$145M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Titanium Ores and their Concentrates in Mexico (including international purchases and sales) was US$145M.
The visualizations show the net balance of Titanium Ores and their 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$30.7M, International Purchases
In July 2024, international sales of Titanium Ores and their Concentrates were US$0, while international purchases reached US$30.7M. The above results in a trade balance of -US$30.7M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$3.99M, State with the Most International Sales (2012)
China: US$3.84M, Main commercial destination (2012)
In 2012, the states with the highest international sales in Titanium Ores and their Concentrates were Ciudad de México (US$3.99M).
In 2012, the countries with the most international purchases from Mexico were China (US$3.84M), Ukraine (US$130k), Colombia (US$20.2k), and United States (US$13).
International Purchases
#permalink to sectionEstado de México: US$4.03M, State with the Most International Purchases (2023)
South Africa: US$4.58M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Titanium Ores and their Concentrates were Estado de México (US$4.03M) and Nuevo León (US$3.04M).
The countries with the most international sales to Mexico in 2023 were South Africa (US$4.58M), Mozambique (US$1.96M), China (US$235k), Kenya (US$117k), and Spain (US$58.7k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Titanium Ores and their Concentrates and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Titanium Ores and their 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- 0.0034%, Mexican share in global exports - 2022
- 2.43%, Mexican share in global imports - 2022
The visualizations show the global market for Titanium Ores and their 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 Titanium Ores and their Concentrates were South Africa (US$684M), Australia (US$426M), and Mozambique (US$342M). In the same year, the main importing countries for Titanium Ores and their Concentrates were China (US$633M), United States (US$528M), and Japan (US$427M).