Bars, Profiles and Wire, of Nickel
Código 7505 (Harmonized System 2012 by 4 digits)
2023: US$325M, Total Trade Exchange
2023: US$11.7M, International Sales
2023: US$313M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bars, Profiles and Wire, of Nickel was US$325M.
In 2023, the states with the most international sales in Bars, Profiles and Wire, of Nickel were Baja California (US$3.45M), Chihuahua (US$2.79M), Nuevo León (US$2.09M), Tamaulipas (US$1.33M), and Sonora (US$594k).
The states with the most international purchases in 2023 were Nuevo León (US$190M), Tamaulipas (US$30.6M), Sonora (US$20M), Baja California (US$15.4M), and Chihuahua (US$14.1M).
In 2023, the main commercial destinations of Bars, Profiles and Wire, of Nickel were United States (US$8.47M), Ireland (US$1.4M), India (US$500k), China (US$15.8k), and Malaysia (US$12.1k).
The main commercial origins of Bars, Profiles and Wire, of Nickel in 2023 were United States (US$240M), Sweden (US$19.9M), India (US$12M), Brazil (US$8.1M), and United Kingdom (US$7.92M).
In the global context, the main exporting countries of Bars, Profiles and Wire, of Nickel in 2022 were United States (US$986M), Germany (US$534M), and Austria (US$416M). In the same year, the main importing countries of Bars, Profiles and Wire, of Nickel were United States (US$512M), Germany (US$435M), and China (US$327M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$325M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bars, Profiles and Wire, of Nickel in Mexico (including international purchases and sales) was US$325M.
The visualizations show the net balance of Bars, Profiles and Wire, of Nickel 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$22.4M, International Purchases
- US$2.49M, International Sales
In July 2024, international sales of Bars, Profiles and Wire, of Nickel were US$2.49M, while international purchases reached US$22.4M. The above results in a trade balance of -US$19.9M.
Market Concentration
#permalink to section2024-Q3: US$2.28M, International Sales
The visualization shows the quarterly concentration of international sales of Bars, Profiles and Wire, of Nickel at state level.
In the third quarter of 2024, international sales were US$2.28M, being the states with the most sales Chihuahua (US$1.66M), Baja California (US$420k), and Tamaulipas (US$170k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$3.45M, State with the Most International Sales (2023)
United States: US$8.47M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bars, Profiles and Wire, of Nickel were Baja California (US$3.45M), Chihuahua (US$2.79M), Nuevo León (US$2.09M), Tamaulipas (US$1.33M), and Sonora (US$594k).
In 2023, the countries with the most international purchases from Mexico were United States (US$8.47M), Ireland (US$1.4M), India (US$500k), China (US$15.8k), and Malaysia (US$12.1k).
International Purchases
#permalink to sectionNuevo León: US$190M, State with the Most International Purchases (2023)
United States: US$240M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bars, Profiles and Wire, of Nickel were Nuevo León (US$190M), Tamaulipas (US$30.6M), Sonora (US$20M), Baja California (US$15.4M), and Chihuahua (US$14.1M).
The countries with the most international sales to Mexico in 2023 were United States (US$240M), Sweden (US$19.9M), India (US$12M), Brazil (US$8.1M), and United Kingdom (US$7.92M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars, Profiles and Wire, of Nickel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars, Profiles and Wire, of Nickel. 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
- 6.56%, Mexican share in global imports - 2022
The visualizations show the global market for Bars, Profiles and Wire, of Nickel. 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, Profiles and Wire, of Nickel were United States (US$986M), Germany (US$534M), and Austria (US$416M). In the same year, the main importing countries for Bars, Profiles and Wire, of Nickel were United States (US$512M), Germany (US$435M), and China (US$327M).