Precious Metals
Code 14 (Harmonized System 2012 by Sector)
2024: US$11.1B, Total Trade Exchange
2024: US$9.3B, International Sales
2024: US$1.82B, International Purchases
Code 14 (Harmonized System 2012 by Sector)
2024: US$11.1B, Total Trade Exchange
2024: US$9.3B, International Sales
2024: US$1.82B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Precious Metals was US$11.1B.
In 2024, the states with the most international sales in Precious Metals were Coahuila de Zaragoza (US$3.98B), Ciudad de México (US$2.28B), Sonora (US$1.19B), Chihuahua (US$464M), and Yucatán (US$295M).
The states with the most international purchases in 2024 were Ciudad de México (US$917M), Yucatán (US$312M), Jalisco (US$145M), Baja California (US$142M), and Estado de México (US$57.8M).
In 2024, the main commercial destinations of Precious Metals were United States (US$5.53B), United Kingdom (US$1.42B), Switzerland (US$998M), Japan (US$377M), and Canada (US$298M).
The main commercial origins of Precious Metals in 2024 were United States (US$540M), Turkey (US$291M), Italy (US$264M), Thailand (US$179M), and China (US$132M).
In the global context, the main exporting countries of Precious Metals 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 Precious Metals were Switzerland (US$122B), China (US$98.5B), and United Arab Emirates (US$89.1B).
US$11.1B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Precious Metals in Mexico (including international purchases and sales) was US$11.1B.
The visualizations show the net balance of Precious Metals 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.
March, 2025
In March 2025, international sales of Precious Metals were US$845M and a total of US$185M in international purchases. For this month the net trade balance of Precious Metals it was of US$660M.
2025-Q1: US$2.38B, International Sales
The visualization shows the quarterly concentration of international sales of Precious Metals at state level.
In the first quarter of 2025, international sales were US$2.38B, being the states with the most sales Coahuila de Zaragoza (US$1.21B), Ciudad de México (US$522M), and Sonora (US$285M).
Coahuila de Zaragoza: US$3.98B, State with the Most International Sales (2024)
United States: US$5.53B, Main commercial destination (2024)
In 2024, the states with the highest international sales in Precious Metals were Coahuila de Zaragoza (US$3.98B), Ciudad de México (US$2.28B), Sonora (US$1.19B), Chihuahua (US$464M), and Yucatán (US$295M).
In 2024, the countries with the most international purchases from Mexico were United States (US$5.53B), United Kingdom (US$1.42B), Switzerland (US$998M), Japan (US$377M), and Canada (US$298M).
Ciudad de México: US$917M, State with the Most International Purchases (2024)
United States: US$540M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Precious Metals were Ciudad de México (US$917M), Yucatán (US$312M), Jalisco (US$145M), Baja California (US$142M), and Estado de México (US$57.8M).
The countries with the most international sales to Mexico in 2024 were United States (US$540M), Turkey (US$291M), Italy (US$264M), Thailand (US$179M), and China (US$132M).
The 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.
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$117B), United States (US$76.2B), and United Arab Emirates (US$62.2B). In the same year, the main importing countries for Precious Metals were Switzerland (US$122B), China (US$98.5B), and United Arab Emirates (US$89.1B).