Cables, Plaits and Similar, Aluminum, not Electrically Insulated
Código 7614 (Harmonized System 2012 by 4 digits)
2023: US$141M, Total Trade Exchange
2023: US$110M, International Sales
2023: US$31.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cables, Plaits and Similar, Aluminum, not Electrically Insulated was US$141M.
In 2022, the states with the most international sales in Cables, Plaits and Similar, Aluminum, not Electrically Insulated were Nuevo León (US$106M) and Chihuahua (US$551k).
The states with the most international purchases in 2023 were Nuevo León (US$6.52M), Guanajuato (US$3.56M), Estado de México (US$1.49M), Ciudad de México (US$1.4M), and Sonora (US$358k).
In 2022, the main commercial destinations of Cables, Plaits and Similar, Aluminum, not Electrically Insulated were United States (US$105M), Panama (US$448k), Puerto Rico (US$230k), Costa Rica (US$217k), and Nicaragua (US$142k).
The main commercial origins of Cables, Plaits and Similar, Aluminum, not Electrically Insulated in 2023 were China (US$5.28M), Mozambique (US$3.21M), Spain (US$1.77M), United States (US$1.59M), and India (US$996k).
In the global context, the main exporting countries of Cables, Plaits and Similar, Aluminum, not Electrically Insulated in 2022 were China (US$539M), India (US$509M), and Bahrain (US$232M). In the same year, the main importing countries of Cables, Plaits and Similar, Aluminum, not Electrically Insulated were United States (US$522M), Bangladesh (US$196M), and Germany (US$84.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$141M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cables, Plaits and Similar, Aluminum, not Electrically Insulated in Mexico (including international purchases and sales) was US$141M.
The visualizations show the net balance of Cables, Plaits and Similar, Aluminum, not Electrically Insulated 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$411k, International Purchases
- US$6.41M, International Sales
In July 2024, international sales of Cables, Plaits and Similar, Aluminum, not Electrically Insulated were US$6.41M, while international purchases reached US$411k. The above results in a trade balance of US$6M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$106M, State with the Most International Sales (2022)
United States: US$105M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Cables, Plaits and Similar, Aluminum, not Electrically Insulated were Nuevo León (US$106M) and Chihuahua (US$551k).
In 2022, the countries with the most international purchases from Mexico were United States (US$105M), Panama (US$448k), Puerto Rico (US$230k), Costa Rica (US$217k), and Nicaragua (US$142k).
International Purchases
#permalink to sectionNuevo León: US$6.52M, State with the Most International Purchases (2023)
China: US$5.28M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cables, Plaits and Similar, Aluminum, not Electrically Insulated were Nuevo León (US$6.52M), Guanajuato (US$3.56M), Estado de México (US$1.49M), Ciudad de México (US$1.4M), and Sonora (US$358k).
The countries with the most international sales to Mexico in 2023 were China (US$5.28M), Mozambique (US$3.21M), Spain (US$1.77M), United States (US$1.59M), and India (US$996k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cables, Plaits and Similar, Aluminum, not Electrically Insulated and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cables, Plaits and Similar, Aluminum, not Electrically Insulated. 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- 5.41%, Mexican share in global exports - 2022
- 1.06%, Mexican share in global imports - 2022
The visualizations show the global market for Cables, Plaits and Similar, Aluminum, not Electrically Insulated. 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 Cables, Plaits and Similar, Aluminum, not Electrically Insulated were China (US$539M), India (US$509M), and Bahrain (US$232M). In the same year, the main importing countries for Cables, Plaits and Similar, Aluminum, not Electrically Insulated were United States (US$522M), Bangladesh (US$196M), and Germany (US$84.3M).