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
#permalink to sectionNet Trade Balance
#permalink to sectionThe 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 International Trade
#permalink to sectionJuly, 2024: US$132k, International Purchases
In July 2024, international sales of Unwrought Magnesium, Magnesium Containing> = 99.8% by Weight were US$0, while international purchases reached US$132k. The above results in a trade balance of -US$132k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo 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).
International Purchases
#permalink to sectionEstado 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).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 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).