Aluminum Wire
Código 7605 (Harmonized System 2012 by 4 digits)
2023: US$57.7M, Total Trade Exchange
2023: US$2.9M, International Sales
2023: US$54.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Aluminum Wire was US$57.7M.
In 2023, the states with the most international sales in Aluminum Wire were Chihuahua (US$1.09M), Nuevo León (US$1.08M), Coahuila de Zaragoza (US$281k), Tamaulipas (US$67.7k), and Sonora (US$39.8k).
The states with the most international purchases in 2023 were Nuevo León (US$16.7M), Tamaulipas (US$11.6M), Ciudad de México (US$9.75M), Guanajuato (US$4.54M), and Querétaro (US$3.87M).
In 2023, the main commercial destinations of Aluminum Wire were United States (US$1.91M), Colombia (US$386k), Canada (US$228k), Costa Rica (US$19.3k), and China (US$10.2k).
The main commercial origins of Aluminum Wire in 2023 were United States (US$21.5M), Canada (US$8.5M), China (US$4.58M), Russia (US$3.31M), and Bahrain (US$3.04M).
In the global context, the main exporting countries of Aluminum Wire in 2022 were Bahrain (US$708M), Canada (US$704M), and India (US$412M). In the same year, the main importing countries of Aluminum Wire were United States (US$1B), Germany (US$380M), and Netherlands (US$346M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$57.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Aluminum Wire in Mexico (including international purchases and sales) was US$57.7M.
The visualizations show the net balance of Aluminum Wire 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
#permalink to sectionNovember, 2024
- US$5.5M, International Purchases
- US$384k, International Sales
In November 2024, international sales of Aluminum Wire were US$384k, while international purchases reached US$5.5M. The above results in a trade balance of -US$5.11M.
Market Concentration
#permalink to section2024-Q4: US$1.03M, International Sales
The visualization shows the quarterly concentration of international sales of Aluminum Wire at state level.
In the fourth quarter of 2024, international sales were US$1.03M, being the states with the most sales Nuevo León (US$1.03M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$1.09M, State with the Most International Sales (2023)
United States: US$1.91M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Aluminum Wire were Chihuahua (US$1.09M), Nuevo León (US$1.08M), Coahuila de Zaragoza (US$281k), Tamaulipas (US$67.7k), and Sonora (US$39.8k).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.91M), Colombia (US$386k), Canada (US$228k), Costa Rica (US$19.3k), and China (US$10.2k).
International Purchases
#permalink to sectionNuevo León: US$16.7M, State with the Most International Purchases (2023)
United States: US$21.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Aluminum Wire were Nuevo León (US$16.7M), Tamaulipas (US$11.6M), Ciudad de México (US$9.75M), Guanajuato (US$4.54M), and Querétaro (US$3.87M).
The countries with the most international sales to Mexico in 2023 were United States (US$21.5M), Canada (US$8.5M), China (US$4.58M), Russia (US$3.31M), and Bahrain (US$3.04M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Aluminum Wire and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Aluminum Wire. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.038%, Mexican share in global exports - 2022
- 1.36%, Mexican share in global imports - 2022
The visualizations show the global market for Aluminum Wire. 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 Aluminum Wire were Bahrain (US$708M), Canada (US$704M), and India (US$412M). In the same year, the main importing countries for Aluminum Wire were United States (US$1B), Germany (US$380M), and Netherlands (US$346M).