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Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal)

Código 711292 (Harmonized System 2012 by 6 digits)

2023: US$73.1M, International Sales

In 2023, the states with the most international sales in Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were Nuevo León (US$59M), Ciudad de México (US$4.96M), Yucatán (US$3.8M), Baja California (US$2.89M), and Chihuahua (US$726k).

In 2023, the main commercial destinations of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were United States (US$70.7M), Japan (US$575k), and Canada (US$126k).

In the global context, the main exporting countries of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) in 2022 were United States (US$3.42B), Germany (US$1.45B), and United Kingdom (US$1.26B). In the same year, the main importing countries of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were Germany (US$3.31B), Japan (US$2.93B), and Belgium (US$2.44B).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) 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

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November, 2024: US$3.78M, International Sales

In November 2024, international sales of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were US$3.78M, while international purchases reached US$0. The above results in a trade balance of US$3.78M.

Market Concentration

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2024-Q4: US$211k, International Sales

The visualization shows the quarterly concentration of international sales of Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) at state level.

In the fourth quarter of 2024, international sales were US$211k, being the states with the most sales Baja California (US$211k).

Exchange by Territory

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International Sales

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Nuevo León: US$59M, State with the Most International Sales (2023)

United States: US$70.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were Nuevo León (US$59M), Ciudad de México (US$4.96M), Yucatán (US$3.8M), Baja California (US$2.89M), and Chihuahua (US$726k).

In 2023, the countries with the most international purchases from Mexico were United States (US$70.7M), Japan (US$575k), and Canada (US$126k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal). 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.

Origins and Trade Destinations

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  • 1.39%, Mexican share in global exports - 2022
  • 0%, Mexican share in global imports - 2022

The visualizations show the global market for Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal). 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 Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were United States (US$3.42B), Germany (US$1.45B), and United Kingdom (US$1.26B). In the same year, the main importing countries for Waste and Scrap Platinum or Coated Therewith "Plaqué" Platinum, as well as other Waste and Scrap of Platinum or Platinum Compounds of the Kind Used Principally for the Recovery of Precious Metal (Excl. Ash Containing Platinum or Compounds Platinum, Waste and Scrap of Platinum or Plated "Plating" Platinum that have been Fused Cast Blocks, Ingots, or the Like; Sweepings Containing other Precious Metal) were Germany (US$3.31B), Japan (US$2.93B), and Belgium (US$2.44B).