Copper Tubes
Código 7411 (Harmonized System 2012 by 4 digits)
2023: US$522M, Total Trade Exchange
2023: US$271M, International Sales
2023: US$250M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Copper Tubes was US$522M.
In 2023, the states with the most international sales in Copper Tubes were Coahuila de Zaragoza (US$170M), Ciudad de México (US$58.7M), Estado de México (US$18M), Nuevo León (US$16M), and Baja California (US$6.06M).
The states with the most international purchases in 2023 were Ciudad de México (US$88.5M), Nuevo León (US$61.8M), Baja California (US$36.7M), Tamaulipas (US$13.6M), and Chihuahua (US$11.2M).
In 2023, the main commercial destinations of Copper Tubes were United States (US$139M), Slovenia (US$25.6M), Czech Republic (US$24.8M), Italy (US$16M), and Chile (US$12.4M).
The main commercial origins of Copper Tubes in 2023 were Malaysia (US$90.1M), United States (US$82.6M), China (US$45.3M), Thailand (US$12.1M), and South Korea (US$5.64M).
In the global context, the main exporting countries of Copper Tubes in 2022 were China (US$2.29B), Vietnam (US$1.16B), and Germany (US$946M). In the same year, the main importing countries of Copper Tubes were United States (US$1.27B), India (US$883M), and Thailand (US$533M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$522M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Copper Tubes in Mexico (including international purchases and sales) was US$522M.
The visualizations show the net balance of Copper Tubes 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$19.8M, International Purchases
- US$22M, International Sales
In July 2024, international sales of Copper Tubes were US$22M, while international purchases reached US$19.8M. The above results in a trade balance of US$2.17M.
Market Concentration
#permalink to section2024-Q3: US$7.86M, International Sales
The visualization shows the quarterly concentration of international sales of Copper Tubes at state level.
In the third quarter of 2024, international sales were US$7.86M, being the states with the most sales Ciudad de México (US$4.24M), Nuevo León (US$1.68M), and Estado de México (US$1.63M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$170M, State with the Most International Sales (2023)
United States: US$139M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Copper Tubes were Coahuila de Zaragoza (US$170M), Ciudad de México (US$58.7M), Estado de México (US$18M), Nuevo León (US$16M), and Baja California (US$6.06M).
In 2023, the countries with the most international purchases from Mexico were United States (US$139M), Slovenia (US$25.6M), Czech Republic (US$24.8M), Italy (US$16M), and Chile (US$12.4M).
International Purchases
#permalink to sectionCiudad de México: US$88.5M, State with the Most International Purchases (2023)
Malaysia: US$90.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Copper Tubes were Ciudad de México (US$88.5M), Nuevo León (US$61.8M), Baja California (US$36.7M), Tamaulipas (US$13.6M), and Chihuahua (US$11.2M).
The countries with the most international sales to Mexico in 2023 were Malaysia (US$90.1M), United States (US$82.6M), China (US$45.3M), Thailand (US$12.1M), and South Korea (US$5.64M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Copper Tubes and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Copper Tubes. 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- 3.57%, Mexican share in global exports - 2022
- 2.66%, Mexican share in global imports - 2022
The visualizations show the global market for Copper Tubes. 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 Copper Tubes were China (US$2.29B), Vietnam (US$1.16B), and Germany (US$946M). In the same year, the main importing countries for Copper Tubes were United States (US$1.27B), India (US$883M), and Thailand (US$533M).