The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Preparations for Soups and Broths; Soups, Broths, Preparations; Edible Preparations Homogenised Composite and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Preparations for Soups and Broths; Soups, Broths, Preparations; Edible Preparations Homogenised Composite. 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 Preparations for Soups and Broths; Soups, Broths, Preparations; Edible Preparations Homogenised Composite. 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 Preparations for Soups and Broths; Soups, Broths, Preparations; Edible Preparations Homogenised Composite were United States (US$660M), Germany (US$210M), and Canada (US$195M). In the same year, the main importing countries for Preparations for Soups and Broths; Soups, Broths, Preparations; Edible Preparations Homogenised Composite were United States (US$471M), Canada (US$308M), and Mexico (US$304M).