Ferromolybdenum
Código 720270 (Harmonized System 2012 by 6 digits)
2024: US$136M, Total Trade Exchange
2024: US$100k, International Sales
2024: US$136M, International Purchases
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionNuevo León: US$13.6M, State with the Most International Purchases (2024)
South Korea: US$17.3M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Ferromolybdenum were Nuevo León (US$13.6M) and Estado de México (US$6.13M).
The countries with the most international sales to Mexico in 2024 were South Korea (US$17.3M), Japan (US$1.29M), United Kingdom (US$759k), United States (US$216k), and Brazil (US$186k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Ferromolybdenum and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Ferromolybdenum. 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- 0.29%, Mexican share in global exports - 2022
- 2.51%, Mexican share in global imports - 2022
The visualizations show the global market for Ferromolybdenum. 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 Ferromolybdenum were South Korea (US$662M), Netherlands (US$482M), and China (US$356M). In the same year, the main importing countries for Ferromolybdenum were Netherlands (US$572M), Germany (US$324M), and United States (US$310M).