The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Thermometers and Pyrometers, not Combined with other Instruments (Excl. Liquid-Filled Thermometers for Direct Reading) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Thermometers and Pyrometers, not Combined with other Instruments (Excl. Liquid-Filled Thermometers for Direct Reading). 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 Thermometers and Pyrometers, not Combined with other Instruments (Excl. Liquid-Filled Thermometers for Direct Reading). 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 Thermometers and Pyrometers, not Combined with other Instruments (Excl. Liquid-Filled Thermometers for Direct Reading) were China (US$1.13B), Germany (US$629M), and United States (US$565M). In the same year, the main importing countries for Thermometers and Pyrometers, not Combined with other Instruments (Excl. Liquid-Filled Thermometers for Direct Reading) were United States (US$758M), Germany (US$515M), and China (US$378M).