ProceduresGovernment

Zinc Ores and Concentrates

Código 260800 (Harmonized System 2012 by 6 digits)

 2023: US$833M, Total Trade Exchange

2023: US$783M, International Sales

  2023: US$49.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Zinc Ores and Concentrates was US$833M.

In 2023, the states with the most international sales in Zinc Ores and Concentrates were Ciudad de México (US$462M), San Luis Potosí (US$2.05M), and Jalisco (US$184k).

The states with the most international purchases in 2023 were Ciudad de México (US$37.5M).

In 2023, the main commercial destinations of Zinc Ores and Concentrates were South Korea (US$228M), Spain (US$72.4M), Canada (US$61.2M), Switzerland (US$48.3M), and Belgium (US$28.8M).

The main commercial origins of Zinc Ores and Concentrates in 2023 were Peru (US$31.3M), Bolivia (US$5.49M), Chile (US$426k), Ecuador (US$144k), and Italy (US$88.1k).

In the global context, the main exporting countries of Zinc Ores and Concentrates in 2022 were Australia (US$2.25B), Peru (US$1.67B), and United States (US$1.65B). In the same year, the main importing countries of Zinc Ores and Concentrates were China (US$4.16B), South Korea (US$2.09B), and Spain (US$1.22B).

Trade Balance of Mexico

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Net Trade Balance

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US$833M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Zinc Ores and Concentrates in Mexico (including international purchases and sales) was US$833M.

The visualizations show the net balance of Zinc Ores and Concentrates 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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July, 2024

  • US$1.3M, International Purchases
  • US$96.6M, International Sales

In July 2024, international sales of Zinc Ores and Concentrates were US$96.6M, while international purchases reached US$1.3M. The above results in a trade balance of US$95.3M.

Market Concentration

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2024-Q3: US$67.8M, International Sales

The visualization shows the quarterly concentration of international sales of Zinc Ores and Concentrates at state level.

In the third quarter of 2024, international sales were US$67.8M, being the states with the most sales Ciudad de México (US$67.4M) and San Luis Potosí (US$415k).

Exchange by Territory

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International Sales

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Ciudad de México: US$462M, State with the Most International Sales (2023)

South Korea: US$228M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Zinc Ores and Concentrates were Ciudad de México (US$462M), San Luis Potosí (US$2.05M), and Jalisco (US$184k).

In 2023, the countries with the most international purchases from Mexico were South Korea (US$228M), Spain (US$72.4M), Canada (US$61.2M), Switzerland (US$48.3M), and Belgium (US$28.8M).

International Purchases

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Ciudad de México: US$37.5M, State with the Most International Purchases (2023)

Peru: US$31.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Zinc Ores and Concentrates were Ciudad de México (US$37.5M).

The countries with the most international sales to Mexico in 2023 were Peru (US$31.3M), Bolivia (US$5.49M), Chile (US$426k), Ecuador (US$144k), and Italy (US$88.1k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Zinc Ores and Concentrates  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Zinc Ores and Concentrates. 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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  • 5.73%, Mexican share in global exports - 2022
  • 0.3%, Mexican share in global imports - 2022

The visualizations show the global market for Zinc Ores and Concentrates. 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 Zinc Ores and Concentrates were Australia (US$2.25B), Peru (US$1.67B), and United States (US$1.65B). In the same year, the main importing countries for Zinc Ores and Concentrates were China (US$4.16B), South Korea (US$2.09B), and Spain (US$1.22B).