ProceduresGovernment

Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight

Código 810411 (Harmonized System 2012 by 6 digits)

2021: US$402k, International Sales

  2023: US$5.39M, International Purchases

In 2021, the states with the most international sales in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were Nuevo León (US$402k).

The states with the most international purchases in 2023 were Estado de México (US$263k).

In 2021, the main commercial destinations of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were United States (US$296k) and Sweden (US$106k).

The main commercial origins of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight in 2023 were China (US$260k), Austria (US$2.91k), and India (US$10).

In the global context, the main exporting countries of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight in 2022 were China (US$1.39B), Israel (US$158M), and Turkey (US$132M). In the same year, the main importing countries of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were United States (US$297M), Canada (US$168M), and Germany (US$127M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight 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 Trade Balance by State

Net Trade Balance of Mexico and the World (2023)

Net International Trade

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November, 2024: US$671k, International Purchases

In November 2024, international sales of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were US$0, while international purchases reached US$671k. The above results in a trade balance of -US$671k.

Net International Trade in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight
Monthly Flow, according to data from customs tape

Exchange by Territory

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International Sales

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Nuevo León: US$402k, State with the Most International Sales (2021)

United States: US$296k, Main commercial destination (2021)

In 2021, the states with the highest international sales in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were Nuevo León (US$402k).

In 2021, the countries with the most international purchases from Mexico were United States (US$296k) and Sweden (US$106k).

Internationals Sales by State (2021)
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International Sales by Country (2021)
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International Purchases

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Estado de México: US$263k, State with the Most International Purchases (2023)

China: US$260k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were Estado de México (US$263k).

The countries with the most international sales to Mexico in 2023 were China (US$260k), Austria (US$2.91k), and India (US$10).

International Purchases by State (2023)
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International Purchases by Country (2023)
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Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight. 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.

Specialization and Complexity in Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight

Origins and Trade Destinations

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  • 0.022%, Mexican share in global exports - 2022
  • 0.26%, Mexican share in global imports - 2022

The visualizations show the global market for Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight. 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 Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were China (US$1.39B), Israel (US$158M), and Turkey (US$132M). In the same year, the main importing countries for Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were United States (US$297M), Canada (US$168M), and Germany (US$127M).

Trade Origins (2022)

Trade Destinations (2022)