Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying. 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 Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying. 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 Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were China (US$6.8B), United States (US$4.02B), and South Korea (US$2.25B). In the same year, the main importing countries for Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were N/A.