Turnings and Granules, Magnesium, Calibrados; Magnesium Powder
Código 810430 (Harmonized System 2012 by 6 digits)
2012: US$263k, International Sales
2023: US$1.83M, International Purchases
The states with the most international purchases in 2023 were Estado de México (US$7.19k).
The main commercial origins of Turnings and Granules, Magnesium, Calibrados; Magnesium Powder in 2023 were United States (US$4.83k), Canada (US$1.76k), Austria (US$493), and Switzerland (US$109).
In the global context, the main exporting countries of Turnings and Granules, Magnesium, Calibrados; Magnesium Powder in 2022 were China (US$469M), Austria (US$35.5M), and Germany (US$26M). In the same year, the main importing countries of Turnings and Granules, Magnesium, Calibrados; Magnesium Powder were Canada (US$112M), Germany (US$98.7M), and Turkey (US$82.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Turnings and Granules, Magnesium, Calibrados; Magnesium Powder 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 sectionMarch, 2024: US$267k, International Purchases
In March 2024, international sales of Turnings and Granules, Magnesium, Calibrados; Magnesium Powder were US$0, while international purchases reached US$267k. The above results in a trade balance of -US$267k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionEstado de México: US$7.19k, State with the Most International Purchases (2023)
United States: US$4.83k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Turnings and Granules, Magnesium, Calibrados; Magnesium Powder were Estado de México (US$7.19k).
The countries with the most international sales to Mexico in 2023 were United States (US$4.83k), Canada (US$1.76k), Austria (US$493), and Switzerland (US$109).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Turnings and Granules, Magnesium, Calibrados; Magnesium Powder and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Turnings and Granules, Magnesium, Calibrados; Magnesium Powder. 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%, Mexican share in global exports - 2022
- 0.98%, Mexican share in global imports - 2022
The visualizations show the global market for Turnings and Granules, Magnesium, Calibrados; Magnesium Powder. 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 Turnings and Granules, Magnesium, Calibrados; Magnesium Powder were China (US$469M), Austria (US$35.5M), and Germany (US$26M). In the same year, the main importing countries for Turnings and Granules, Magnesium, Calibrados; Magnesium Powder were Canada (US$112M), Germany (US$98.7M), and Turkey (US$82.4M).