ProceduresGovernment

Manufactures Tungsten "Tungsten", N.E.C

Código 810199 (Harmonized System 2012 by 6 digits)

 2023: US$49.7M, Total Trade Exchange

2023: US$334k, International Sales

  2023: US$49.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Manufactures Tungsten "Tungsten", N.E.C was US$49.7M.

In 2023, the states with the most international sales in Manufactures Tungsten "Tungsten", N.E.C were Baja California (US$225k), Sonora (US$22.1k), and Ciudad de México (US$18.9k).

The states with the most international purchases in 2023 were Baja California (US$36.1M), Querétaro (US$3.3M), Chihuahua (US$1.92M), Coahuila de Zaragoza (US$1.47M), and Nuevo León (US$1.47M).

In 2023, the main commercial destinations of Manufactures Tungsten "Tungsten", N.E.C were United States (US$263k), Cuba (US$1.66k), Canada (US$1.19k), and Indonesia (US$198).

The main commercial origins of Manufactures Tungsten "Tungsten", N.E.C in 2023 were United States (US$38.3M), China (US$5.15M), Germany (US$1.89M), France (US$931k), and Japan (US$850k).

In the global context, the main exporting countries of Manufactures Tungsten "Tungsten", N.E.C in 2022 were China (US$178M), Japan (US$67.4M), and United States (US$58.9M). In the same year, the main importing countries of Manufactures Tungsten "Tungsten", N.E.C were United States (US$66.9M), Japan (US$45.5M), and China (US$42.5M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$49.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Manufactures Tungsten "Tungsten", N.E.C in Mexico (including international purchases and sales) was US$49.7M.

The visualizations show the net balance of Manufactures Tungsten "Tungsten", N.E.C 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 section

July, 2024

  • US$6.2M, International Purchases
  • US$12.2k, International Sales

In July 2024, international sales of Manufactures Tungsten "Tungsten", N.E.C were US$12.2k, while international purchases reached US$6.2M. The above results in a trade balance of -US$6.19M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$225k, State with the Most International Sales (2023)

United States: US$263k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Manufactures Tungsten "Tungsten", N.E.C were Baja California (US$225k), Sonora (US$22.1k), and Ciudad de México (US$18.9k).

In 2023, the countries with the most international purchases from Mexico were United States (US$263k), Cuba (US$1.66k), Canada (US$1.19k), and Indonesia (US$198).

International Purchases

#permalink to section

Baja California: US$36.1M, State with the Most International Purchases (2023)

United States: US$38.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Manufactures Tungsten "Tungsten", N.E.C were Baja California (US$36.1M), Querétaro (US$3.3M), Chihuahua (US$1.92M), Coahuila de Zaragoza (US$1.47M), and Nuevo León (US$1.47M).

The countries with the most international sales to Mexico in 2023 were United States (US$38.3M), China (US$5.15M), Germany (US$1.89M), France (US$931k), and Japan (US$850k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Manufactures Tungsten "Tungsten", N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Manufactures Tungsten "Tungsten", N.E.C. 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

#permalink to section

  • 0.084%, Mexican share in global exports - 2022
  • 7.24%, Mexican share in global imports - 2022

The visualizations show the global market for Manufactures Tungsten "Tungsten", N.E.C. 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 Manufactures Tungsten "Tungsten", N.E.C were China (US$178M), Japan (US$67.4M), and United States (US$58.9M). In the same year, the main importing countries for Manufactures Tungsten "Tungsten", N.E.C were United States (US$66.9M), Japan (US$45.5M), and China (US$42.5M).