Ferrochrome, with a Carbon Content <= 4% by Weight
Código 720249 (Harmonized System 2012 by 6 digits)
2023: US$9.25M, Total Trade Exchange
2023: US$820k, International Sales
2023: US$8.43M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Ferrochrome, with a Carbon Content <= 4% by Weight was US$9.25M.
In 2009, the states with the most international sales in Ferrochrome, with a Carbon Content <= 4% by Weight were Tamaulipas (US$2.58M).
The states with the most international purchases in 2023 were Nuevo León (US$1.65M).
In 2009, the main commercial destinations of Ferrochrome, with a Carbon Content <= 4% by Weight were United States (US$1.77M), Netherlands (US$568k), Panama (US$107k), Hong Kong (US$102k), and Colombia (US$28.5k).
The main commercial origins of Ferrochrome, with a Carbon Content <= 4% by Weight in 2023 were China (US$662k), Germany (US$311k), India (US$300k), Russia (US$244k), and Turkey (US$114k).
In the global context, the main exporting countries of Ferrochrome, with a Carbon Content <= 4% by Weight in 2022 were Russia (US$428M), Kazakhstan (US$393M), and China (US$160M). In the same year, the main importing countries of Ferrochrome, with a Carbon Content <= 4% by Weight were Japan (US$283M), United States (US$271M), and South Korea (US$170M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.25M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Ferrochrome, with a Carbon Content <= 4% by Weight in Mexico (including international purchases and sales) was US$9.25M.
The visualizations show the net balance of Ferrochrome, with a Carbon Content <= 4% by Weight 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 sectionNovember, 2024: US$414k, International Purchases
In November 2024, international sales of Ferrochrome, with a Carbon Content <= 4% by Weight were US$0, while international purchases reached US$414k. The above results in a trade balance of -US$414k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$2.58M, State with the Most International Sales (2009)
United States: US$1.77M, Main commercial destination (2009)
In 2009, the states with the highest international sales in Ferrochrome, with a Carbon Content <= 4% by Weight were Tamaulipas (US$2.58M).
In 2009, the countries with the most international purchases from Mexico were United States (US$1.77M), Netherlands (US$568k), Panama (US$107k), Hong Kong (US$102k), and Colombia (US$28.5k).
International Purchases
#permalink to sectionNuevo León: US$1.65M, State with the Most International Purchases (2023)
China: US$662k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Ferrochrome, with a Carbon Content <= 4% by Weight were Nuevo León (US$1.65M).
The countries with the most international sales to Mexico in 2023 were China (US$662k), Germany (US$311k), India (US$300k), Russia (US$244k), and Turkey (US$114k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Ferrochrome, with a Carbon Content <= 4% by Weight and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Ferrochrome, with a Carbon Content <= 4% by Weight. 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- 0.0029%, Mexican share in global exports - 2022
- 0.65%, Mexican share in global imports - 2022
The visualizations show the global market for Ferrochrome, with a Carbon Content <= 4% by Weight. 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 Ferrochrome, with a Carbon Content <= 4% by Weight were Russia (US$428M), Kazakhstan (US$393M), and China (US$160M). In the same year, the main importing countries for Ferrochrome, with a Carbon Content <= 4% by Weight were Japan (US$283M), United States (US$271M), and South Korea (US$170M).