Ferrochrome, with a Carbon Content> 4 Wt%
Código 720241 (Harmonized System 2012 by 6 digits)
2023: US$39.7M, Total Trade Exchange
2023: US$2.76M, International Sales
2023: US$37M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Ferrochrome, with a Carbon Content> 4 Wt% was US$39.7M.
In 2007, the states with the most international sales in Ferrochrome, with a Carbon Content> 4 Wt% were Tamaulipas (US$1.01M).
The states with the most international purchases in 2023 were Nuevo León (US$14.2M) and Estado de México (US$3.89M).
In 2007, the main commercial destinations of Ferrochrome, with a Carbon Content> 4 Wt% were United States (US$283k), Brazil (US$244k), South Korea (US$161k), Greece (US$151k), and Canada (US$84k).
The main commercial origins of Ferrochrome, with a Carbon Content> 4 Wt% in 2023 were India (US$10.9M), Russia (US$2.11M), Kazakhstan (US$1.91M), Turkey (US$1.6M), and South Africa (US$970k).
In the global context, the main exporting countries of Ferrochrome, with a Carbon Content> 4 Wt% in 2022 were South Africa (US$4.64B), Kazakhstan (US$2.45B), and India (US$1.11B). In the same year, the main importing countries of Ferrochrome, with a Carbon Content> 4 Wt% were China (US$2.87B), Indonesia (US$1.5B), and Japan (US$1.04B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$39.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Ferrochrome, with a Carbon Content> 4 Wt% in Mexico (including international purchases and sales) was US$39.7M.
The visualizations show the net balance of Ferrochrome, with a Carbon Content> 4 Wt% 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$2.13M, International Purchases
In November 2024, international sales of Ferrochrome, with a Carbon Content> 4 Wt% were US$0, while international purchases reached US$2.13M. The above results in a trade balance of -US$2.13M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$1.01M, State with the Most International Sales (2007)
United States: US$283k, Main commercial destination (2007)
In 2007, the states with the highest international sales in Ferrochrome, with a Carbon Content> 4 Wt% were Tamaulipas (US$1.01M).
In 2007, the countries with the most international purchases from Mexico were United States (US$283k), Brazil (US$244k), South Korea (US$161k), Greece (US$151k), and Canada (US$84k).
International Purchases
#permalink to sectionNuevo León: US$14.2M, State with the Most International Purchases (2023)
India: US$10.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Ferrochrome, with a Carbon Content> 4 Wt% were Nuevo León (US$14.2M) and Estado de México (US$3.89M).
The countries with the most international sales to Mexico in 2023 were India (US$10.9M), Russia (US$2.11M), Kazakhstan (US$1.91M), Turkey (US$1.6M), and South Africa (US$970k).
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 Wt% 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 Wt%. 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- 0.0045%, Mexican share in global exports - 2022
- 0.3%, Mexican share in global imports - 2022
The visualizations show the global market for Ferrochrome, with a Carbon Content> 4 Wt%. 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 Wt% were South Africa (US$4.64B), Kazakhstan (US$2.45B), and India (US$1.11B). In the same year, the main importing countries for Ferrochrome, with a Carbon Content> 4 Wt% were China (US$2.87B), Indonesia (US$1.5B), and Japan (US$1.04B).