Zinc Ores and Concentrates
Código 2608 (Harmonized System 2012 by 4 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 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
#permalink to sectionNet Trade Balance
#permalink to sectionUS$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
#permalink to sectionJuly, 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
#permalink to section2024-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
#permalink to sectionInternational Sales
#permalink to sectionSouth Korea: US$228M, Main commercial destination (2023)
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).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 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).