ProceduresGovernment

Pearls, Precious Stones, Metals, Coins, Etc

Code 71 (Harmonized System 2012 by 2 digits)

 2023: US$10B, Total Trade Exchange

2023: US$8.44B, International Sales

  2023: US$1.57B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Pearls, Precious Stones, Metals, Coins, Etc was US$10B.

In 2023, the states with the most international sales in Pearls, Precious Stones, Metals, Coins, Etc were Coahuila de Zaragoza (US$3.5B), Ciudad de México (US$1.94B), Sonora (US$1.28B), Chihuahua (US$451M), and Yucatán (US$327M).

The states with the most international purchases in 2023 were Ciudad de México (US$720M), Yucatán (US$327M), Jalisco (US$128M), Baja California (US$124M), and Nuevo León (US$49.8M).

In 2023, the main commercial destinations of Pearls, Precious Stones, Metals, Coins, Etc were United States (US$5.24B), United Kingdom (US$1.24B), Switzerland (US$1.19B), Canada (US$201M), and India (US$121M).

The main commercial origins of Pearls, Precious Stones, Metals, Coins, Etc in 2023 were United States (US$527M), Italy (US$234M), Turkey (US$195M), Thailand (US$144M), and India (US$132M).

In the global context, the main exporting countries of Pearls, Precious Stones, Metals, Coins, Etc in 2022 were Switzerland (US$117B), United States (US$76.2B), and United Arab Emirates (US$62.2B). In the same year, the main importing countries of Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$122B), China (US$98.5B), and United Arab Emirates (US$89.1B).

Trade Balance of Mexico

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Net Trade Balance

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US$10B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Pearls, Precious Stones, Metals, Coins, Etc in Mexico (including international purchases and sales) was US$10B.

The visualizations show the net balance of Pearls, Precious Stones, Metals, Coins, Etc 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$676M, International Sales
  • US$142M, International Purchases

In December 2023, international sales of Pearls, Precious Stones, Metals, Coins, Etc were US$676M and a total of US$142M in international purchases. For this month the net trade balance of Pearls, Precious Stones, Metals, Coins, Etc it was of US$533M.

Market Concentration

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2024-Q1: US$641M, International Sales

The visualization shows the quarterly concentration of international sales of Pearls, Precious Stones, Metals, Coins, Etc at state level.

In the first quarter of 2024, international sales were US$641M, being the states with the most sales Coahuila de Zaragoza (US$254M), Ciudad de México (US$191M), and Sonora (US$119M).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$3.5B, State with the Most International Sales (2023)

United States: US$5.24B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Pearls, Precious Stones, Metals, Coins, Etc were Coahuila de Zaragoza (US$3.5B), Ciudad de México (US$1.94B), Sonora (US$1.28B), Chihuahua (US$451M), and Yucatán (US$327M).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.24B), United Kingdom (US$1.24B), Switzerland (US$1.19B), Canada (US$201M), and India (US$121M).

International Purchases

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Ciudad de México: US$720M, State with the Most International Purchases (2023)

United States: US$527M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pearls, Precious Stones, Metals, Coins, Etc were Ciudad de México (US$720M), Yucatán (US$327M), Jalisco (US$128M), Baja California (US$124M), and Nuevo León (US$49.8M).

The countries with the most international sales to Mexico in 2023 were United States (US$527M), Italy (US$234M), Turkey (US$195M), Thailand (US$144M), and India (US$132M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pearls, Precious Stones, Metals, Coins, Etc  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pearls, Precious Stones, Metals, Coins, Etc. 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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  • 1.15%, Mexican share in global exports - 2022
  • 0.16%, Mexican share in global imports - 2022

The visualizations show the global market for Pearls, Precious Stones, Metals, Coins, Etc. 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 Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$117B), United States (US$76.2B), and United Arab Emirates (US$62.2B). In the same year, the main importing countries for Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$122B), China (US$98.5B), and United Arab Emirates (US$89.1B).