Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm
Código 740819 (Harmonized System 2012 by 6 digits)
2023: US$77.1M, Total Trade Exchange
2023: US$11.2M, International Sales
2023: US$65.9M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm was US$77.1M.
In 2023, the states with the most international sales in Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were Nuevo León (US$3.02M), Chihuahua (US$641k), Sonora (US$498k), Baja California (US$349k), and Jalisco (US$310k).
The states with the most international purchases in 2023 were Sonora (US$19.8M), Querétaro (US$10.3M), Baja California (US$9.12M), Nuevo León (US$7.42M), and Chihuahua (US$4.95M).
In 2023, the main commercial destinations of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were United States (US$2.73M), Panama (US$1.35M), Canada (US$587k), Costa Rica (US$84.7k), and El Salvador (US$46.4k).
The main commercial origins of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm in 2023 were United States (US$49.9M), Turkey (US$4.92M), Germany (US$3.71M), China (US$1.46M), and Japan (US$1.03M).
In the global context, the main exporting countries of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm in 2022 were Turkey (US$606M), Germany (US$479M), and Malaysia (US$342M). In the same year, the main importing countries of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were China (US$392M), Vietnam (US$391M), and India (US$308M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$77.1M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm in Mexico (including international purchases and sales) was US$77.1M.
The visualizations show the net balance of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm 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 sectionJuly, 2024
- US$6.85M, International Purchases
- US$1.4M, International Sales
In July 2024, international sales of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were US$1.4M, while international purchases reached US$6.85M. The above results in a trade balance of -US$5.45M.
Market Concentration
#permalink to section2024-Q3: US$318k, International Sales
The visualization shows the quarterly concentration of international sales of Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm at state level.
In the third quarter of 2024, international sales were US$318k, being the states with the most sales Nuevo León (US$226k) and Sonora (US$92.1k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$3.02M, State with the Most International Sales (2023)
United States: US$2.73M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were Nuevo León (US$3.02M), Chihuahua (US$641k), Sonora (US$498k), Baja California (US$349k), and Jalisco (US$310k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.73M), Panama (US$1.35M), Canada (US$587k), Costa Rica (US$84.7k), and El Salvador (US$46.4k).
International Purchases
#permalink to sectionSonora: US$19.8M, State with the Most International Purchases (2023)
United States: US$49.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were Sonora (US$19.8M), Querétaro (US$10.3M), Baja California (US$9.12M), Nuevo León (US$7.42M), and Chihuahua (US$4.95M).
The countries with the most international sales to Mexico in 2023 were United States (US$49.9M), Turkey (US$4.92M), Germany (US$3.71M), China (US$1.46M), and Japan (US$1.03M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.74%, Mexican share in global exports - 2022
- 1.45%, Mexican share in global imports - 2022
The visualizations show the global market for Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm. 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 Wire, with the Largest Dimension of the Cross Section <= 6 Mm were Turkey (US$606M), Germany (US$479M), and Malaysia (US$342M). In the same year, the main importing countries for Refined Copper Wire, with the Largest Dimension of the Cross Section <= 6 Mm were China (US$392M), Vietnam (US$391M), and India (US$308M).