ProceduresGovernment

Cables, Plaits and Similar Articles., Copper

Código 741300 (Harmonized System 2012 by 6 digits)

 2023: US$326M, Total Trade Exchange

2023: US$23.8M, International Sales

  2023: US$302M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cables, Plaits and Similar Articles., Copper was US$326M.

In 2023, the states with the most international sales in Cables, Plaits and Similar Articles., Copper were Guanajuato (US$6.36M), Nuevo León (US$5.07M), Sonora (US$3.9M), Estado de México (US$2.95M), and Durango (US$1.5M).

The states with the most international purchases in 2023 were Chihuahua (US$91.2M), Sonora (US$78.7M), Querétaro (US$37.4M), Ciudad de México (US$22.2M), and Baja California (US$20.5M).

In 2023, the main commercial destinations of Cables, Plaits and Similar Articles., Copper were United States (US$18.6M), Honduras (US$2.68M), Panama (US$853k), Canada (US$460k), and Puerto Rico (US$403k).

The main commercial origins of Cables, Plaits and Similar Articles., Copper in 2023 were United States (US$232M), Spain (US$19.2M), Turkey (US$14.8M), Germany (US$9.9M), and Japan (US$4.42M).

In the global context, the main exporting countries of Cables, Plaits and Similar Articles., Copper in 2022 were Turkey (US$573M), United States (US$403M), and Germany (US$380M). In the same year, the main importing countries of Cables, Plaits and Similar Articles., Copper were Italy (US$231M), Germany (US$229M), and Mexico (US$209M).

Trade Balance of Mexico

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Net Trade Balance

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US$326M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cables, Plaits and Similar Articles., Copper in Mexico (including international purchases and sales) was US$326M.

The visualizations show the net balance of Cables, Plaits and Similar Articles., Copper 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

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July, 2024

  • US$25.5M, International Purchases
  • US$1.62M, International Sales

In July 2024, international sales of Cables, Plaits and Similar Articles., Copper were US$1.62M, while international purchases reached US$25.5M. The above results in a trade balance of -US$23.9M.

Market Concentration

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2024-Q3: US$1.2M, International Sales

The visualization shows the quarterly concentration of international sales of Cables, Plaits and Similar Articles., Copper at state level.

In the third quarter of 2024, international sales were US$1.2M, being the states with the most sales Nuevo León (US$480k), Baja California (US$384k), and Chihuahua (US$212k).

Exchange by Territory

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International Sales

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Guanajuato: US$6.36M, State with the Most International Sales (2023)

United States: US$18.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cables, Plaits and Similar Articles., Copper were Guanajuato (US$6.36M), Nuevo León (US$5.07M), Sonora (US$3.9M), Estado de México (US$2.95M), and Durango (US$1.5M).

In 2023, the countries with the most international purchases from Mexico were United States (US$18.6M), Honduras (US$2.68M), Panama (US$853k), Canada (US$460k), and Puerto Rico (US$403k).

International Purchases

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Chihuahua: US$91.2M, State with the Most International Purchases (2023)

United States: US$232M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cables, Plaits and Similar Articles., Copper were Chihuahua (US$91.2M), Sonora (US$78.7M), Querétaro (US$37.4M), Ciudad de México (US$22.2M), and Baja California (US$20.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$232M), Spain (US$19.2M), Turkey (US$14.8M), Germany (US$9.9M), and Japan (US$4.42M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cables, Plaits and Similar Articles., Copper  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 Articles., Copper. 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.

Origins and Trade Destinations

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  • 0.67%, Mexican share in global exports - 2022
  • 8.21%, Mexican share in global imports - 2022

The visualizations show the global market for Cables, Plaits and Similar Articles., Copper. 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 Articles., Copper were Turkey (US$573M), United States (US$403M), and Germany (US$380M). In the same year, the main importing countries for Cables, Plaits and Similar Articles., Copper were Italy (US$231M), Germany (US$229M), and Mexico (US$209M).