ProceduresGovernment

Nickel Waste and Scrap

Código 7503 (Harmonized System 2012 by 4 digits)

 2023: US$50.2M, Total Trade Exchange

2023: US$49.7M, International Sales

  2023: US$548k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Nickel Waste and Scrap was US$50.2M.

In 2023, the states with the most international sales in Nickel Waste and Scrap were Nuevo León (US$42.6M), Sonora (US$619k), Querétaro (US$566k), and Chihuahua (US$258k).

The states with the most international purchases in 2021 were Baja California (US$187k).

In 2023, the main commercial destinations of Nickel Waste and Scrap were United States (US$44M), Spain (US$16.6k), Netherlands (US$780), Germany (US$755), and Poland (US$90).

The main commercial origins of Nickel Waste and Scrap in 2021 were United States (US$187k).

In the global context, the main exporting countries of Nickel Waste and Scrap in 2022 were United Kingdom (US$208M), United States (US$151M), and Germany (US$147M). In the same year, the main importing countries of Nickel Waste and Scrap were United States (US$415M), United Kingdom (US$190M), and Japan (US$186M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$50.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Nickel Waste and Scrap in Mexico (including international purchases and sales) was US$50.2M.

The visualizations show the net balance of Nickel Waste and Scrap 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$3.42M, International Sales

In July 2024, international sales of Nickel Waste and Scrap were US$3.42M, while international purchases reached US$0. The above results in a trade balance of US$3.42M.

Market Concentration

#permalink to section

2024-Q3: US$3.18M, International Sales

The visualization shows the quarterly concentration of international sales of Nickel Waste and Scrap at state level.

In the third quarter of 2024, international sales were US$3.18M, being the states with the most sales Nuevo León (US$2.69M), Baja California (US$419k), and Sonora (US$57.9k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$42.6M, State with the Most International Sales (2023)

United States: US$44M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Nickel Waste and Scrap were Nuevo León (US$42.6M), Sonora (US$619k), Querétaro (US$566k), and Chihuahua (US$258k).

In 2023, the countries with the most international purchases from Mexico were United States (US$44M), Spain (US$16.6k), Netherlands (US$780), Germany (US$755), and Poland (US$90).

International Purchases

#permalink to section
Year

Baja California: US$187k, State with the Most International Purchases (2021)

United States: US$187k, Main Commercial Origin (2021)

In 2021, the states with the highest international in Nickel Waste and Scrap were Baja California (US$187k).

The countries with the most international sales to Mexico in 2021 were United States (US$187k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Nickel Waste and Scrap  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Nickel Waste and Scrap. 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

  • 2.79%, Mexican share in global exports - 2022
  • 0.026%, Mexican share in global imports - 2022

The visualizations show the global market for Nickel Waste and Scrap. 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 Nickel Waste and Scrap were United Kingdom (US$208M), United States (US$151M), and Germany (US$147M). In the same year, the main importing countries for Nickel Waste and Scrap were United States (US$415M), United Kingdom (US$190M), and Japan (US$186M).