Chopping Chains of Base Metal
Código 820240 (Harmonized System 2012 by 6 digits)
2023: US$13.3M, Total Trade Exchange
2023: US$74.5k, International Sales
2023: US$13.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Chopping Chains of Base Metal was US$13.3M.
In 2023, the states with the most international sales in Chopping Chains of Base Metal were Veracruz de Ignacio de la Llave (US$1.33k).
The states with the most international purchases in 2023 were Jalisco (US$1.81M), Ciudad de México (US$1.01M), Estado de México (US$186k), Nuevo León (US$175k), and Veracruz de Ignacio de la Llave (US$21.9k).
In 2023, the main commercial destinations of Chopping Chains of Base Metal were El Salvador (US$916), Guatemala (US$290), Dominican Republic (US$73), and Cuba (US$49).
The main commercial origins of Chopping Chains of Base Metal in 2023 were United States (US$1.76M), China (US$1.08M), Canada (US$233k), Brazil (US$75.8k), and Vietnam (US$39k).
In the global context, the main exporting countries of Chopping Chains of Base Metal in 2022 were Switzerland (US$380M), China (US$144M), and United States (US$75.9M). In the same year, the main importing countries of Chopping Chains of Base Metal were United States (US$120M), Singapore (US$58M), and Germany (US$50.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$13.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Chopping Chains of Base Metal in Mexico (including international purchases and sales) was US$13.3M.
The visualizations show the net balance of Chopping Chains of Base Metal 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$1.19M, International Purchases
- US$10.1k, International Sales
In July 2024, international sales of Chopping Chains of Base Metal were US$10.1k, while international purchases reached US$1.19M. The above results in a trade balance of -US$1.18M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$1.33k, State with the Most International Sales (2023)
El Salvador: US$916, Main commercial destination (2023)
In 2023, the states with the highest international sales in Chopping Chains of Base Metal were Veracruz de Ignacio de la Llave (US$1.33k).
In 2023, the countries with the most international purchases from Mexico were El Salvador (US$916), Guatemala (US$290), Dominican Republic (US$73), and Cuba (US$49).
International Purchases
#permalink to sectionJalisco: US$1.81M, State with the Most International Purchases (2023)
United States: US$1.76M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Chopping Chains of Base Metal were Jalisco (US$1.81M), Ciudad de México (US$1.01M), Estado de México (US$186k), Nuevo León (US$175k), and Veracruz de Ignacio de la Llave (US$21.9k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.76M), China (US$1.08M), Canada (US$233k), Brazil (US$75.8k), and Vietnam (US$39k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Chopping Chains of Base Metal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Chopping Chains of Base Metal. 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- 0.0055%, Mexican share in global exports - 2022
- 1.09%, Mexican share in global imports - 2022
The visualizations show the global market for Chopping Chains of Base Metal. 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 Chopping Chains of Base Metal were Switzerland (US$380M), China (US$144M), and United States (US$75.9M). In the same year, the main importing countries for Chopping Chains of Base Metal were United States (US$120M), Singapore (US$58M), and Germany (US$50.4M).