The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Initiators, Reaction Accelerators and Catalytic Preparations, N.E.C. (Exc. and Vulcanization Accelerators Supported Catalysts) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Initiators, Reaction Accelerators and Catalytic Preparations, N.E.C. (Exc. and Vulcanization Accelerators Supported Catalysts). 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 Initiators, Reaction Accelerators and Catalytic Preparations, N.E.C. (Exc. and Vulcanization Accelerators Supported Catalysts). 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 Initiators, Reaction Accelerators and Catalytic Preparations, N.E.C. (Exc. and Vulcanization Accelerators Supported Catalysts) were United States (US$1.12B), Germany (US$850M), and Japan (US$631M). In the same year, the main importing countries for Initiators, Reaction Accelerators and Catalytic Preparations, N.E.C. (Exc. and Vulcanization Accelerators Supported Catalysts) were South Korea (US$388M), China (US$383M), and Indonesia (US$363M).