ProceduresGovernment

Tungsten Wire "Tungsten"

Código 810196 (Harmonized System 2012 by 6 digits)

 2023: US$2.49M, Total Trade Exchange

2023: US$218k, International Sales

  2023: US$2.27M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tungsten Wire "Tungsten" was US$2.49M.

In 2023, the states with the most international sales in Tungsten Wire "Tungsten" were Baja California (US$184k).

The states with the most international purchases in 2023 were Chihuahua (US$1.16M), Tamaulipas (US$324k), Baja California (US$313k), Nuevo León (US$91.9k), and Sonora (US$60.2k).

In 2023, the main commercial destinations of Tungsten Wire "Tungsten" were United States (US$184k).

The main commercial origins of Tungsten Wire "Tungsten" in 2023 were South Korea (US$1.43M), United States (US$517k), China (US$63.9k), India (US$20.2k), and Italy (US$18.9k).

In the global context, the main exporting countries of Tungsten Wire "Tungsten" in 2022 were China (US$45.3M), Japan (US$16.7M), and United States (US$12.3M). In the same year, the main importing countries of Tungsten Wire "Tungsten" were United States (US$14.5M), India (US$10.3M), and South Korea (US$9.39M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.49M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tungsten Wire "Tungsten" in Mexico (including international purchases and sales) was US$2.49M.

The visualizations show the net balance of Tungsten Wire "Tungsten" 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$727k, International Purchases
  • US$21.8k, International Sales

In July 2024, international sales of Tungsten Wire "Tungsten" were US$21.8k, while international purchases reached US$727k. The above results in a trade balance of -US$705k.

Exchange by Territory

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International Sales

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Year

Baja California: US$184k, State with the Most International Sales (2023)

United States: US$184k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Tungsten Wire "Tungsten" were Baja California (US$184k).

In 2023, the countries with the most international purchases from Mexico were United States (US$184k).

International Purchases

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Chihuahua: US$1.16M, State with the Most International Purchases (2023)

South Korea: US$1.43M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tungsten Wire "Tungsten" were Chihuahua (US$1.16M), Tamaulipas (US$324k), Baja California (US$313k), Nuevo León (US$91.9k), and Sonora (US$60.2k).

The countries with the most international sales to Mexico in 2023 were South Korea (US$1.43M), United States (US$517k), China (US$63.9k), India (US$20.2k), and Italy (US$18.9k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tungsten Wire "Tungsten"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tungsten Wire "Tungsten". 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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  • 0.0066%, Mexican share in global exports - 2022
  • 1.19%, Mexican share in global imports - 2022

The visualizations show the global market for Tungsten Wire "Tungsten". 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 Tungsten Wire "Tungsten" were China (US$45.3M), Japan (US$16.7M), and United States (US$12.3M). In the same year, the main importing countries for Tungsten Wire "Tungsten" were United States (US$14.5M), India (US$10.3M), and South Korea (US$9.39M).