Unwrought Titanium; Titanium Powder
Código 810820 (Harmonized System 2012 by 6 digits)
2019: US$213k, International Sales
2023: US$12.9M, International Purchases
The states with the most international purchases in 2023 were Nuevo León (US$11.8M), Estado de México (US$628k), and Ciudad de México (US$243k).
The main commercial origins of Unwrought Titanium; Titanium Powder in 2023 were United States (US$10.4M), Russia (US$1.36M), United Kingdom (US$378k), China (US$350k), and Canada (US$238k).
In the global context, the main exporting countries of Unwrought Titanium; Titanium Powder in 2022 were Japan (US$406M), Kazakhstan (US$173M), and United States (US$88.5M). In the same year, the main importing countries of Unwrought Titanium; Titanium Powder were United States (US$337M), China (US$107M), and United Kingdom (US$87.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Unwrought Titanium; Titanium 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 sectionJuly, 2024: US$4.36M, International Purchases
In July 2024, international sales of Unwrought Titanium; Titanium Powder were US$0, while international purchases reached US$4.36M. The above results in a trade balance of -US$4.36M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionNuevo León: US$11.8M, State with the Most International Purchases (2023)
United States: US$10.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Unwrought Titanium; Titanium Powder were Nuevo León (US$11.8M), Estado de México (US$628k), and Ciudad de México (US$243k).
The countries with the most international sales to Mexico in 2023 were United States (US$10.4M), Russia (US$1.36M), United Kingdom (US$378k), China (US$350k), and Canada (US$238k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Unwrought Titanium; Titanium Powder and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Unwrought Titanium; Titanium 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- 9.9e-7%, Mexican share in global exports - 2022
- 0.25%, Mexican share in global imports - 2022
The visualizations show the global market for Unwrought Titanium; Titanium 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 Unwrought Titanium; Titanium Powder were Japan (US$406M), Kazakhstan (US$173M), and United States (US$88.5M). In the same year, the main importing countries for Unwrought Titanium; Titanium Powder were United States (US$337M), China (US$107M), and United Kingdom (US$87.3M).