Molasses Resulting from the Extraction or Refining of Sugar
Código 1703 (Harmonized System 2012 by 4 digits)
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Molasses Resulting from the Extraction or Refining of Sugar and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Molasses Resulting from the Extraction or Refining of Sugar. 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- N/A%, Mexican share in global exports - 2022
- 0.18%, Mexican share in global imports - 2022
The visualizations show the global market for Molasses Resulting from the Extraction or Refining of Sugar. 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 Molasses Resulting from the Extraction or Refining of Sugar were India (US$361M), Indonesia (US$133M), and Russia (US$82.9M). In the same year, the main importing countries for Molasses Resulting from the Extraction or Refining of Sugar were United States (US$200M), United Kingdom (US$155M), and Philippines (US$131M).