Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C
Código 741991 (Harmonized System 2012 by 6 digits)
2022: US$7.07M, International Sales
2023: US$82.4k, International Purchases
In 2022, the states with the most international sales in Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were Estado de México (US$3.62M), Baja California (US$1.95M), Ciudad de México (US$265k), Chihuahua (US$206k), and Tamaulipas (US$130k).
The states with the most international purchases in 2023 were Jalisco (US$41k) and Ciudad de México (US$20.9k).
In 2022, the main commercial destinations of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were United States (US$6.38M), Chile (US$52.5k), Canada (US$19.1k), Peru (US$10.9k), and Estonia (US$5.75k).
The main commercial origins of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C in 2023 were China (US$30.7k), Japan (US$20.8k), United States (US$4.91k), Germany (US$3.65k), and Hong Kong (US$1.48k).
In the global context, the main exporting countries of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C in 2022 were China (US$144M), Italy (US$75.1M), and Germany (US$65.3M). In the same year, the main importing countries of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were United States (US$77.3M), Germany (US$56.8M), and Czech Republic (US$45.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C 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 sectionJanuary, 2023: US$82.2k, International Purchases
In January 2023, international sales of Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were US$0, while international purchases reached US$82.2k. The above results in a trade balance of -US$82.2k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$3.62M, State with the Most International Sales (2022)
United States: US$6.38M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were Estado de México (US$3.62M), Baja California (US$1.95M), Ciudad de México (US$265k), Chihuahua (US$206k), and Tamaulipas (US$130k).
In 2022, the countries with the most international purchases from Mexico were United States (US$6.38M), Chile (US$52.5k), Canada (US$19.1k), Peru (US$10.9k), and Estonia (US$5.75k).
International Purchases
#permalink to sectionJalisco: US$41k, State with the Most International Purchases (2023)
China: US$30.7k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were Jalisco (US$41k) and Ciudad de México (US$20.9k).
The countries with the most international sales to Mexico in 2023 were China (US$30.7k), Japan (US$20.8k), United States (US$4.91k), Germany (US$3.65k), and Hong Kong (US$1.48k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C. 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- 0.93%, Mexican share in global exports - 2022
- 5.08%, Mexican share in global imports - 2022
The visualizations show the global market for Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C. 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 Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were China (US$144M), Italy (US$75.1M), and Germany (US$65.3M). In the same year, the main importing countries for Articles of Copper, Molded, Stamped or Forged but not further Worked Differently, N.E.C were United States (US$77.3M), Germany (US$56.8M), and Czech Republic (US$45.4M).