Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder
Código 7106 (Harmonized System 2012 by 4 digits)
2023: US$2.92B, Total Trade Exchange
2023: US$2.8B, International Sales
2023: US$122M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder was US$2.92B.
In 2023, the states with the most international sales in Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were Coahuila de Zaragoza (US$1.74B), Sonora (US$435M), Ciudad de México (US$341M), Chihuahua (US$231M), and Durango (US$33.3M).
The states with the most international purchases in 2023 were Chihuahua (US$26.9M), Nuevo León (US$26.8M), San Luis Potosí (US$11.6M), Tamaulipas (US$9.81M), and Baja California (US$9.14M).
In 2023, the main commercial destinations of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were United States (US$2.68B), Japan (US$105M), Brazil (US$7.59M), Switzerland (US$2.61M), and Italy (US$2.5M).
The main commercial origins of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder in 2023 were United States (US$108M), Canada (US$2.97M), Japan (US$2.48M), Germany (US$1.03M), and France (US$980k).
In the global context, the main exporting countries of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder in 2022 were China (US$3.79B), Mexico (US$2.58B), and United Kingdom (US$2.04B). In the same year, the main importing countries of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were United States (US$6.38B), Canada (US$3.17B), and Hong Kong (US$2.59B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.92B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder in Mexico (including international purchases and sales) was US$2.92B.
The visualizations show the net balance of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or 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$13M, International Purchases
- US$270M, International Sales
In July 2024, international sales of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were US$270M, while international purchases reached US$13M. The above results in a trade balance of US$257M.
Market Concentration
#permalink to section2024-Q3: US$72.4M, International Sales
The visualization shows the quarterly concentration of international sales of Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder at state level.
In the third quarter of 2024, international sales were US$72.4M, being the states with the most sales Sonora (US$36.1M), Ciudad de México (US$20.9M), and Chihuahua (US$14.6M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$1.74B, State with the Most International Sales (2023)
United States: US$2.68B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were Coahuila de Zaragoza (US$1.74B), Sonora (US$435M), Ciudad de México (US$341M), Chihuahua (US$231M), and Durango (US$33.3M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.68B), Japan (US$105M), Brazil (US$7.59M), Switzerland (US$2.61M), and Italy (US$2.5M).
International Purchases
#permalink to sectionChihuahua: US$26.9M, State with the Most International Purchases (2023)
United States: US$108M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were Chihuahua (US$26.9M), Nuevo León (US$26.8M), San Luis Potosí (US$11.6M), Tamaulipas (US$9.81M), and Baja California (US$9.14M).
The countries with the most international sales to Mexico in 2023 were United States (US$108M), Canada (US$2.97M), Japan (US$2.48M), Germany (US$1.03M), and France (US$980k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or 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- 8.72%, Mexican share in global exports - 2022
- 0.56%, Mexican share in global imports - 2022
The visualizations show the global market for Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or 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 Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were China (US$3.79B), Mexico (US$2.58B), and United Kingdom (US$2.04B). In the same year, the main importing countries for Silver (Including Silver Gold, Platinum) to Gross, Semi-Manufactured or Powder were United States (US$6.38B), Canada (US$3.17B), and Hong Kong (US$2.59B).