Precious Metals
Code 14 (Harmonized System 2012 by Sector)
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Precious Metals and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Precious Metals. 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- 1.13%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Precious Metals. 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 Precious Metals were Switzerland (US$1.06T), United States (US$581B), and United Arab Emirates (US$502B). In the same year, the main importing countries for Precious Metals were Switzerland (US$1.08T), Hong Kong (US$924B), and China (US$739B).