Iron Oxides and Hydroxides
Código 282110 (Harmonized System 2012 by 6 digits)
2024: US$31.1M, Total Trade Exchange
2024: US$430k, International Sales
2024: US$30.7M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Iron Oxides and Hydroxides was US$31.1M.
In 2024, the states with the most international sales in Iron Oxides and Hydroxides were Nuevo León (US$170k), Estado de México (US$121k), Baja California (US$34.1k), and Ciudad de México (US$23.5k).
The states with the most international purchases in 2024 were Ciudad de México (US$10.6M), Nuevo León (US$6.82M), Estado de México (US$5.61M), Guanajuato (US$2.74M), and Jalisco (US$1.33M).
In 2024, the main commercial destinations of Iron Oxides and Hydroxides were United States (US$154k), China (US$69.4k), Colombia (US$58.2k), El Salvador (US$38.4k), and Dominican Republic (US$8.21k).
The main commercial origins of Iron Oxides and Hydroxides in 2024 were China (US$11.2M), Germany (US$8.09M), United States (US$6.05M), Brazil (US$1.61M), and Italy (US$655k).
In the global context, the main exporting countries of Iron Oxides and Hydroxides in 2022 were China (US$549M), Germany (US$368M), and South Africa (US$71.8M). In the same year, the main importing countries of Iron Oxides and Hydroxides were United States (US$409M), China (US$158M), and Germany (US$67.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$31.1M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Iron Oxides and Hydroxides in Mexico (including international purchases and sales) was US$31.1M.
The visualizations show the net balance of Iron Oxides and Hydroxides 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 sectionMarch, 2025
- US$2.95M, International Purchases
- US$14.8k, International Sales
In March 2025, international sales of Iron Oxides and Hydroxides were US$14.8k, while international purchases reached US$2.95M. The above results in a trade balance of -US$2.93M.
Market Concentration
#permalink to section2025-Q1: US$43.7k, International Sales
The visualization shows the quarterly concentration of international sales of Iron Oxides and Hydroxides at state level.
In the first quarter of 2025, international sales were US$43.7k, being the states with the most sales Estado de México (US$43.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$170k, State with the Most International Sales (2024)
United States: US$154k, Main commercial destination (2024)
In 2024, the states with the highest international sales in Iron Oxides and Hydroxides were Nuevo León (US$170k), Estado de México (US$121k), Baja California (US$34.1k), and Ciudad de México (US$23.5k).
In 2024, the countries with the most international purchases from Mexico were United States (US$154k), China (US$69.4k), Colombia (US$58.2k), El Salvador (US$38.4k), and Dominican Republic (US$8.21k).
International Purchases
#permalink to sectionCiudad de México: US$10.6M, State with the Most International Purchases (2024)
China: US$11.2M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Iron Oxides and Hydroxides were Ciudad de México (US$10.6M), Nuevo León (US$6.82M), Estado de México (US$5.61M), Guanajuato (US$2.74M), and Jalisco (US$1.33M).
The countries with the most international sales to Mexico in 2024 were China (US$11.2M), Germany (US$8.09M), United States (US$6.05M), Brazil (US$1.61M), and Italy (US$655k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Iron Oxides and Hydroxides and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Iron Oxides and Hydroxides. 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- 0.08%, Mexican share in global exports - 2022
- 2.08%, Mexican share in global imports - 2022
The visualizations show the global market for Iron Oxides and Hydroxides. 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 Iron Oxides and Hydroxides were China (US$549M), Germany (US$368M), and South Africa (US$71.8M). In the same year, the main importing countries for Iron Oxides and Hydroxides were United States (US$409M), China (US$158M), and Germany (US$67.4M).