Tin Ingots
Código 8001 (Harmonized System 2012 by 4 digits)
2023: US$135M, Total Trade Exchange
2023: US$23.8M, International Sales
2023: US$111M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Tin Ingots was US$135M.
In 2023, the states with the most international sales in Tin Ingots were Nuevo León (US$716k).
The states with the most international purchases in 2023 were Ciudad de México (US$46.8M), Nuevo León (US$34.7M), Chihuahua (US$15.5M), Estado de México (US$3.52M), and Coahuila de Zaragoza (US$3.23M).
In 2023, the main commercial destinations of Tin Ingots were United States (US$381k), Luxembourg (US$256k), and Belgium (US$79.5k).
The main commercial origins of Tin Ingots in 2023 were Bolivia (US$41.5M), Peru (US$35.8M), Brazil (US$14.2M), United States (US$6.14M), and Malaysia (US$5.74M).
In the global context, the main exporting countries of Tin Ingots in 2022 were Indonesia (US$2.91B), Peru (US$793M), and Bolivia (US$642M). In the same year, the main importing countries of Tin Ingots were China (US$1.02B), Japan (US$834M), and United States (US$822M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$135M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Tin Ingots in Mexico (including international purchases and sales) was US$135M.
The visualizations show the net balance of Tin Ingots 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$10.8M, International Purchases
- US$2.69M, International Sales
In July 2024, international sales of Tin Ingots were US$2.69M, while international purchases reached US$10.8M. The above results in a trade balance of -US$8.13M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$716k, State with the Most International Sales (2023)
United States: US$381k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Tin Ingots were Nuevo León (US$716k).
In 2023, the countries with the most international purchases from Mexico were United States (US$381k), Luxembourg (US$256k), and Belgium (US$79.5k).
International Purchases
#permalink to sectionCiudad de México: US$46.8M, State with the Most International Purchases (2023)
Bolivia: US$41.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Tin Ingots were Ciudad de México (US$46.8M), Nuevo León (US$34.7M), Chihuahua (US$15.5M), Estado de México (US$3.52M), and Coahuila de Zaragoza (US$3.23M).
The countries with the most international sales to Mexico in 2023 were Bolivia (US$41.5M), Peru (US$35.8M), Brazil (US$14.2M), United States (US$6.14M), and Malaysia (US$5.74M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tin Ingots and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tin Ingots. 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- 0.11%, Mexican share in global exports - 2022
- 1.15%, Mexican share in global imports - 2022
The visualizations show the global market for Tin Ingots. 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 Tin Ingots were Indonesia (US$2.91B), Peru (US$793M), and Bolivia (US$642M). In the same year, the main importing countries for Tin Ingots were China (US$1.02B), Japan (US$834M), and United States (US$822M).