Pearls, Precious Stones, Metals, Coins, Etc

Code 71 (Harmonized System 2012 by 2 digits)

2020: US$3.66B, Total Trade Exchange

 2020: US$7.93B, International Sales

  2020: US$570M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Pearls, Precious Stones, Metals, Coins, Etc was US$3.66B.

In 2020, the states with the most international sales in Pearls, Precious Stones, Metals, Coins, Etc were Coahuila de Zaragoza (US$3.01B), Ciudad de México (US$1.84B), Sonora (US$696M), Chihuahua (US$653M), and Durango (US$641M).

In the same year, the states with the most international purchases were Yucatán (US$197M), Ciudad de México (US$185M), Jalisco (US$38.8M), Nuevo León (US$31.4M), and Chihuahua (US$26.4M).

In 2020, the main commercial destinations of Pearls, Precious Stones, Metals, Coins, Etc were United States (US$5.59B), United Kingdom (US$1.33B), Switzerland (US$530M), India (US$144M), and Canada (US$131M).

In the same year, the main commercial origins of Pearls, Precious Stones, Metals, Coins, Etc were United States (US$262M), India (US$70.8M), Italy (US$59.6M), China (US$39.2M), and Turkey (US$33.3M).

In the global context, the main exporting countries of Pearls, Precious Stones, Metals, Coins, Etc in 2018 were Switzerland (US$77B), United States (US$47.2B), and India (US$42.5B). In the same year, the main importing countries of Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$89.9B), Hong Kong (US$70.1B), and India (US$64.6B).

Trade Balance of Mexico

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Net Trade Balance

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US$3.66B, Total Trade Exchange (2020)

In 2020, the total trade exchange of Pearls, Precious Stones, Metals, Coins, Etc in Mexico (including international purchases and sales) was US$3.66B.

The visualizations show the net balance of Pearls, Precious Stones, Metals, Coins, Etc 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.

Net International Trade

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December, 2020: US$76.8M, International Purchases

 December, 2020: US$787M, International Sales

In December 2020, international sales of Pearls, Precious Stones, Metals, Coins, Etc were US$787M, while international purchases reached US$76.8M. The above results in a trade balance of $ 710M.

Market Concentration

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2020-Q4: US$2.22B, International Sales

The visualization shows the quarterly concentration of international sales of Pearls, Precious Stones, Metals, Coins, Etc at state level.

In 2020-Q4, international sales were US$2.22B, being the states with the most sales Coahuila de Zaragoza (US$907M), Ciudad de México (US$558M), and Chihuahua (US$202M).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$3.01B, State with the Most International Sales (2020)

United States: US$5.59B, Main commercial destination (2020)

In 2020, the states with the highest international sales in Pearls, Precious Stones, Metals, Coins, Etc were Coahuila de Zaragoza (US$3.01B), Ciudad de México (US$1.84B), Sonora (US$696M), Chihuahua (US$653M), and Durango (US$641M).

In 2020, the countries with the most international purchases from Mexico were United States (US$5.59B), United Kingdom (US$1.33B), Switzerland (US$530M), India (US$144M), and Canada (US$131M).

International Purchases

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Yucatán: US$197M, State with the Most International Purchases (2020)

United States: US$262M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Pearls, Precious Stones, Metals, Coins, Etc were Yucatán (US$197M), Ciudad de México (US$185M), Jalisco (US$38.8M), Nuevo León (US$31.4M), and Chihuahua (US$26.4M).

The countries with the most international sales to Mexico were United States (US$262M), India (US$70.8M), Italy (US$59.6M), China (US$39.2M), and Turkey (US$33.3M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pearls, Precious Stones, Metals, Coins, Etc  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pearls, Precious Stones, Metals, Coins, Etc. 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.

Origins and Trade Destinations

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Pearls, Precious Stones, Metals, Coins, Etc: US$627B, Market Global (2018)

In 2018, the main exporting countries of Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$77B), United States (US$47.2B), and India (US$42.5B). In the same year, the main importing countries for Pearls, Precious Stones, Metals, Coins, Etc were Switzerland (US$89.9B), Hong Kong (US$70.1B), and India (US$64.6B).

The visualizations show the global market for Pearls, Precious Stones, Metals, Coins, Etc. In both graphs Mexico stands out, in order to better identify it in the export and import market.