ProceduresGovernment

Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically)

Código 750511 (Harmonized System 2012 by 6 digits)

 2023: US$2.1M, Total Trade Exchange

2023: US$235k, International Sales

  2023: US$1.87M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) was US$2.1M.

In 2015, the states with the most international sales in Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Baja California (US$20.9k).

The states with the most international purchases in 2023 were Estado de México (US$727k), Baja California (US$504k), Nuevo León (US$452k), and Ciudad de México (US$50.9k).

In 2015, the main commercial destinations of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were United States (US$20.9k).

The main commercial origins of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) in 2023 were India (US$768k), United States (US$714k), France (US$245k), Germany (US$3.09k), and China (US$1.79k).

In the global context, the main exporting countries of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) in 2022 were Germany (US$12.7M), India (US$8.32M), and United States (US$6.45M). In the same year, the main importing countries of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Germany (US$6.26M), Malaysia (US$5.4M), and United States (US$4.98M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) in Mexico (including international purchases and sales) was US$2.1M.

The visualizations show the net balance of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) 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$100k, International Purchases

In July 2024, international sales of Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were US$0, while international purchases reached US$100k. The above results in a trade balance of -US$100k.

Exchange by Territory

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International Sales

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Year

Baja California: US$20.9k, State with the Most International Sales (2015)

United States: US$20.9k, Main commercial destination (2015)

In 2015, the states with the highest international sales in Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Baja California (US$20.9k).

In 2015, the countries with the most international purchases from Mexico were United States (US$20.9k).

International Purchases

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Estado de México: US$727k, State with the Most International Purchases (2023)

India: US$768k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Estado de México (US$727k), Baja California (US$504k), Nuevo León (US$452k), and Ciudad de México (US$50.9k).

The countries with the most international sales to Mexico in 2023 were India (US$768k), United States (US$714k), France (US$245k), Germany (US$3.09k), and China (US$1.79k).

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 of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically)  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 of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically). 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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  • 0.48%, Mexican share in global exports - 2022
  • 4.07%, Mexican share in global imports - 2022

The visualizations show the global market for Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically). 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 of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Germany (US$12.7M), India (US$8.32M), and United States (US$6.45M). In the same year, the main importing countries for Other Bars and Rods of Nickel, not Alloyed, N.E.C. (Exc. Insulated, Electrically) were Germany (US$6.26M), Malaysia (US$5.4M), and United States (US$4.98M).