Unwrought Nickel
Código 7502 (Harmonized System 2012 by 4 digits)
2023: US$91.5M, Total Trade Exchange
2023: US$158k, International Sales
2023: US$91.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Unwrought Nickel was US$91.5M.
In 2021, the states with the most international sales in Unwrought Nickel were Jalisco (US$169k).
The states with the most international purchases in 2023 were Nuevo León (US$30.2M), Ciudad de México (US$27.3M), Jalisco (US$10.8M), Guanajuato (US$9.51M), and Estado de México (US$6.53M).
In 2021, the main commercial destinations of Unwrought Nickel were United States (US$92k), Canada (US$39.1k), Nicaragua (US$33.8k), Panama (US$1.39k), and Costa Rica (US$1.35k).
The main commercial origins of Unwrought Nickel in 2023 were Canada (US$23.8M), Norway (US$20.3M), United States (US$13.7M), Australia (US$13.4M), and South Africa (US$6.54M).
In the global context, the main exporting countries of Unwrought Nickel in 2022 were Australia (US$3.19B), Russia (US$2.74B), and Canada (US$2.6B). In the same year, the main importing countries of Unwrought Nickel were China (US$4.09B), United States (US$2.48B), and Netherlands (US$1.78B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$91.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Unwrought Nickel in Mexico (including international purchases and sales) was US$91.5M.
The visualizations show the net balance of Unwrought Nickel 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 sectionNovember, 2024: US$6.53M, International Purchases
In November 2024, international sales of Unwrought Nickel were US$0, while international purchases reached US$6.53M. The above results in a trade balance of -US$6.53M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$169k, State with the Most International Sales (2021)
United States: US$92k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Unwrought Nickel were Jalisco (US$169k).
In 2021, the countries with the most international purchases from Mexico were United States (US$92k), Canada (US$39.1k), Nicaragua (US$33.8k), Panama (US$1.39k), and Costa Rica (US$1.35k).
International Purchases
#permalink to sectionNuevo León: US$30.2M, State with the Most International Purchases (2023)
Canada: US$23.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Unwrought Nickel were Nuevo León (US$30.2M), Ciudad de México (US$27.3M), Jalisco (US$10.8M), Guanajuato (US$9.51M), and Estado de México (US$6.53M).
The countries with the most international sales to Mexico in 2023 were Canada (US$23.8M), Norway (US$20.3M), United States (US$13.7M), Australia (US$13.4M), and South Africa (US$6.54M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Unwrought Nickel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Unwrought Nickel. 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- 0.00091%, Mexican share in global exports - 2022
- 0.38%, Mexican share in global imports - 2022
The visualizations show the global market for Unwrought Nickel. 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 Unwrought Nickel were Australia (US$3.19B), Russia (US$2.74B), and Canada (US$2.6B). In the same year, the main importing countries for Unwrought Nickel were China (US$4.09B), United States (US$2.48B), and Netherlands (US$1.78B).