ProceduresGovernment

Other Bars and Rods Copper Refining, N.E.C

Código 740710 (Harmonized System 2012 by 6 digits)

 2023: US$138M, Total Trade Exchange

2023: US$21.6M, International Sales

  2023: US$117M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Other Bars and Rods Copper Refining, N.E.C was US$138M.

In 2023, the states with the most international sales in Other Bars and Rods Copper Refining, N.E.C were Estado de México (US$18.1M), Nuevo León (US$1.84M), Ciudad de México (US$765k), Chihuahua (US$364k), and Tamaulipas (US$156k).

The states with the most international purchases in 2023 were Nuevo León (US$65.7M), Ciudad de México (US$15.5M), Querétaro (US$8.36M), Baja California (US$5.87M), and Estado de México (US$5.3M).

In 2023, the main commercial destinations of Other Bars and Rods Copper Refining, N.E.C were United States (US$20.9M), Colombia (US$255k), Costa Rica (US$223k), El Salvador (US$63k), and Guatemala (US$25.6k).

The main commercial origins of Other Bars and Rods Copper Refining, N.E.C in 2023 were United States (US$66.1M), China (US$33.1M), Peru (US$4.04M), Chile (US$3.84M), and Belgium (US$3.45M).

In the global context, the main exporting countries of Other Bars and Rods Copper Refining, N.E.C in 2022 were Germany (US$310M), Bulgaria (US$282M), and Thailand (US$249M). In the same year, the main importing countries of Other Bars and Rods Copper Refining, N.E.C were United States (US$272M), Germany (US$245M), and China (US$183M).

Trade Balance of Mexico

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Net Trade Balance

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US$138M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Other Bars and Rods Copper Refining, N.E.C in Mexico (including international purchases and sales) was US$138M.

The visualizations show the net balance of Other Bars and Rods Copper Refining, 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

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July, 2024

  • US$16.8M, International Purchases
  • US$3.28M, International Sales

In July 2024, international sales of Other Bars and Rods Copper Refining, N.E.C were US$3.28M, while international purchases reached US$16.8M. The above results in a trade balance of -US$13.5M.

Market Concentration

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2024-Q3: US$607k, International Sales

The visualization shows the quarterly concentration of international sales of Other Bars and Rods Copper Refining, N.E.C at state level.

In the third quarter of 2024, international sales were US$607k, being the states with the most sales Nuevo León (US$409k), Baja California (US$86.3k), and Chihuahua (US$82.6k).

Exchange by Territory

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International Sales

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Estado de México: US$18.1M, State with the Most International Sales (2023)

United States: US$20.9M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Other Bars and Rods Copper Refining, N.E.C were Estado de México (US$18.1M), Nuevo León (US$1.84M), Ciudad de México (US$765k), Chihuahua (US$364k), and Tamaulipas (US$156k).

In 2023, the countries with the most international purchases from Mexico were United States (US$20.9M), Colombia (US$255k), Costa Rica (US$223k), El Salvador (US$63k), and Guatemala (US$25.6k).

International Purchases

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Nuevo León: US$65.7M, State with the Most International Purchases (2023)

United States: US$66.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Other Bars and Rods Copper Refining, N.E.C were Nuevo León (US$65.7M), Ciudad de México (US$15.5M), Querétaro (US$8.36M), Baja California (US$5.87M), and Estado de México (US$5.3M).

The countries with the most international sales to Mexico in 2023 were United States (US$66.1M), China (US$33.1M), Peru (US$4.04M), Chile (US$3.84M), and Belgium (US$3.45M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Other Bars and Rods Copper Refining, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Other Bars and Rods Copper Refining, 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

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  • 1.18%, Mexican share in global exports - 2022
  • 3.23%, Mexican share in global imports - 2022

The visualizations show the global market for Other Bars and Rods Copper Refining, 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 Other Bars and Rods Copper Refining, N.E.C were Germany (US$310M), Bulgaria (US$282M), and Thailand (US$249M). In the same year, the main importing countries for Other Bars and Rods Copper Refining, N.E.C were United States (US$272M), Germany (US$245M), and China (US$183M).