The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cables, of Iron or Steel (Excl. Insulated Electricity, and Barbed Wire and Twisted Fencing Wire) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cables, of Iron or Steel (Excl. Insulated Electricity, and Barbed Wire and Twisted Fencing Wire). 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.
The visualizations show the global market for Cables, of Iron or Steel (Excl. Insulated Electricity, and Barbed Wire and Twisted Fencing Wire). 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 Cables, of Iron or Steel (Excl. Insulated Electricity, and Barbed Wire and Twisted Fencing Wire) were N/A. In the same year, the main importing countries for Cables, of Iron or Steel (Excl. Insulated Electricity, and Barbed Wire and Twisted Fencing Wire) were N/A.