ProceduresGovernment

Diamonds, whether or not Worked, not Mounted or Set

Código 7102 (Harmonized System 2012 by 4 digits)

 2023: US$179M, Total Trade Exchange

2023: US$49.7M, International Sales

  2023: US$129M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Diamonds, whether or not Worked, not Mounted or Set was US$179M.

In 2023, the states with the most international sales in Diamonds, whether or not Worked, not Mounted or Set were Yucatán (US$49.3M) and Ciudad de México (US$101k).

The states with the most international purchases in 2023 were Yucatán (US$111M), Ciudad de México (US$5.08M), Nuevo León (US$3.05M), Jalisco (US$1.12M), and Quintana Roo (US$1.08M).

In 2023, the main commercial destinations of Diamonds, whether or not Worked, not Mounted or Set were United States (US$47.2M), Canada (US$2.09M), Colombia (US$44k), Switzerland (US$9.48k), and India (US$1.99k).

The main commercial origins of Diamonds, whether or not Worked, not Mounted or Set in 2023 were India (US$102M), United States (US$11.4M), Israel (US$6.76M), Belgium (US$1.21M), and Canada (US$352k).

In the global context, the main exporting countries of Diamonds, whether or not Worked, not Mounted or Set in 2022 were India (US$28.6B), Belgium (US$17.9B), and United Arab Emirates (US$15.1B). In the same year, the main importing countries of Diamonds, whether or not Worked, not Mounted or Set were India (US$27.4B), United States (US$22.7B), and United Arab Emirates (US$18.4B).

Trade Balance of Mexico

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Net Trade Balance

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US$179M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Diamonds, whether or not Worked, not Mounted or Set in Mexico (including international purchases and sales) was US$179M.

The visualizations show the net balance of Diamonds, whether or not Worked, not Mounted or Set 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

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December, 2023

  • US$7.83M, International Purchases
  • US$1.73M, International Sales

In December 2023, international sales of Diamonds, whether or not Worked, not Mounted or Set were US$1.73M, while international purchases reached US$7.83M. The above results in a trade balance of -US$6.1M.

Market Concentration

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2024-Q1: US$1.73M, International Sales

The visualization shows the quarterly concentration of international sales of Diamonds, whether or not Worked, not Mounted or Set at state level.

In the first quarter of 2024, international sales were US$1.73M, being the states with the most sales Yucatán (US$1.73M).

Exchange by Territory

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International Sales

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Yucatán: US$49.3M, State with the Most International Sales (2023)

United States: US$47.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Diamonds, whether or not Worked, not Mounted or Set were Yucatán (US$49.3M) and Ciudad de México (US$101k).

In 2023, the countries with the most international purchases from Mexico were United States (US$47.2M), Canada (US$2.09M), Colombia (US$44k), Switzerland (US$9.48k), and India (US$1.99k).

International Purchases

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Yucatán: US$111M, State with the Most International Purchases (2023)

India: US$102M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Diamonds, whether or not Worked, not Mounted or Set were Yucatán (US$111M), Ciudad de México (US$5.08M), Nuevo León (US$3.05M), Jalisco (US$1.12M), and Quintana Roo (US$1.08M).

The countries with the most international sales to Mexico in 2023 were India (US$102M), United States (US$11.4M), Israel (US$6.76M), Belgium (US$1.21M), and Canada (US$352k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Diamonds, whether or not Worked, not Mounted or Set  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Diamonds, whether or not Worked, not Mounted or Set. 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.

Origins and Trade Destinations

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  • 0.0028%, Mexican share in global exports - 2022
  • 0.048%, Mexican share in global imports - 2022

The visualizations show the global market for Diamonds, whether or not Worked, not Mounted or Set. 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 Diamonds, whether or not Worked, not Mounted or Set were India (US$28.6B), Belgium (US$17.9B), and United Arab Emirates (US$15.1B). In the same year, the main importing countries for Diamonds, whether or not Worked, not Mounted or Set were India (US$27.4B), United States (US$22.7B), and United Arab Emirates (US$18.4B).