ProceduresGovernment

Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes)

Código 740319 (Harmonized System 2012 by 6 digits)

 2023: US$17.2M, Total Trade Exchange

2023: US$4.54M, International Sales

  2023: US$12.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) was US$17.2M.

In 2016, the states with the most international sales in Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were Nuevo León (US$287k).

The states with the most international purchases in 2023 were Nuevo León (US$4.94M), Ciudad de México (US$2.47M), Jalisco (US$2.23M), Guanajuato (US$1.64M), and Coahuila de Zaragoza (US$534k).

In 2016, the main commercial destinations of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were China (US$190k) and United States (US$97.2k).

The main commercial origins of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) in 2023 were United States (US$5.91M), Peru (US$4.11M), Finland (US$680k), Chile (US$644k), and Belgium (US$447k).

In the global context, the main exporting countries of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) in 2022 were Democratic Republic of the Congo (US$700M), Pakistan (US$504M), and Kazakhstan (US$488M). In the same year, the main importing countries of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were China (US$1.26B), Turkey (US$412M), and South Africa (US$373M).

Trade Balance of Mexico

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Net Trade Balance

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US$17.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) in Mexico (including international purchases and sales) was US$17.2M.

The visualizations show the net balance of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) 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$2.99M, International Purchases

In July 2024, international sales of Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were US$0, while international purchases reached US$2.99M. The above results in a trade balance of -US$2.99M.

Exchange by Territory

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International Sales

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Nuevo León: US$287k, State with the Most International Sales (2016)

China: US$190k, Main commercial destination (2016)

In 2016, the states with the highest international sales in Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were Nuevo León (US$287k).

In 2016, the countries with the most international purchases from Mexico were China (US$190k) and United States (US$97.2k).

International Purchases

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Nuevo León: US$4.94M, State with the Most International Purchases (2023)

United States: US$5.91M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were Nuevo León (US$4.94M), Ciudad de México (US$2.47M), Jalisco (US$2.23M), Guanajuato (US$1.64M), and Coahuila de Zaragoza (US$534k).

The countries with the most international sales to Mexico in 2023 were United States (US$5.91M), Peru (US$4.11M), Finland (US$680k), Chile (US$644k), and Belgium (US$447k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes). 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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  • 0.32%, Mexican share in global exports - 2022
  • 0.7%, Mexican share in global imports - 2022

The visualizations show the global market for Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes). 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 Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were Democratic Republic of the Congo (US$700M), Pakistan (US$504M), and Kazakhstan (US$488M). In the same year, the main importing countries for Refined Copper, Gross (Exc. in the Form of Billets, of Wire Bars "Wire-Bars" Cathodes and Sections of Cathodes) were China (US$1.26B), Turkey (US$412M), and South Africa (US$373M).