Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity)
Código 750512 (Harmonized System 2012 by 6 digits)
2023: US$237M, Total Trade Exchange
2023: US$1.75M, International Sales
2023: US$235M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) was US$237M.
In 2023, the states with the most international sales in Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were Nuevo León (US$861k), Sonora (US$234k), and Baja California (US$17.6k).
The states with the most international purchases in 2023 were Nuevo León (US$183M), Sonora (US$15.9M), Baja California (US$7.42M), Ciudad de México (US$6.16M), and Estado de México (US$3.96M).
In 2023, the main commercial destinations of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were United States (US$1.11M), Poland (US$3.37k), and Norway (US$753).
The main commercial origins of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) in 2023 were United States (US$204M), Brazil (US$6.59M), United Kingdom (US$4.62M), Italy (US$4.33M), and Germany (US$2.07M).
In the global context, the main exporting countries of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) in 2022 were United States (US$815M), Germany (US$286M), and Austria (US$254M). In the same year, the main importing countries of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were United States (US$259M), China (US$251M), and United Kingdom (US$239M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$237M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) in Mexico (including international purchases and sales) was US$237M.
The visualizations show the net balance of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) 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 sectionJuly, 2024
- US$16.5M, International Purchases
- US$136k, International Sales
In July 2024, international sales of Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were US$136k, while international purchases reached US$16.5M. The above results in a trade balance of -US$16.4M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$861k, State with the Most International Sales (2023)
United States: US$1.11M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were Nuevo León (US$861k), Sonora (US$234k), and Baja California (US$17.6k).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.11M), Poland (US$3.37k), and Norway (US$753).
International Purchases
#permalink to sectionNuevo León: US$183M, State with the Most International Purchases (2023)
United States: US$204M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were Nuevo León (US$183M), Sonora (US$15.9M), Baja California (US$7.42M), Ciudad de México (US$6.16M), and Estado de México (US$3.96M).
The countries with the most international sales to Mexico in 2023 were United States (US$204M), Brazil (US$6.59M), United Kingdom (US$4.62M), Italy (US$4.33M), and Germany (US$2.07M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity). 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- 0.42%, Mexican share in global exports - 2022
- 7.77%, Mexican share in global imports - 2022
The visualizations show the global market for Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity). 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 Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were United States (US$815M), Germany (US$286M), and Austria (US$254M). In the same year, the main importing countries for Bars and Rods of Nickel Alloys, N.E.C. (Exc. Insulated Products Electricity) were United States (US$259M), China (US$251M), and United Kingdom (US$239M).