Waste and Scrap Copper
Código 7404 (Harmonized System 2012 by 4 digits)
2023: US$554M, Total Trade Exchange
2023: US$466M, International Sales
2023: US$88M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Waste and Scrap Copper was US$554M.
In 2023, the states with the most international sales in Waste and Scrap Copper were Chihuahua (US$108M), Nuevo León (US$99.1M), Ciudad de México (US$48.9M), Baja California (US$47.3M), and Coahuila de Zaragoza (US$38.7M).
The states with the most international purchases in 2023 were Estado de México (US$18.1M), Tamaulipas (US$14.5M), Chihuahua (US$3.91M), Baja California (US$739k), and Nuevo León (US$161k).
In 2023, the main commercial destinations of Waste and Scrap Copper were United States (US$220M), China (US$50.7M), Germany (US$35.9M), Belgium (US$20.4M), and South Korea (US$15.9M).
The main commercial origins of Waste and Scrap Copper in 2023 were United States (US$28.6M), Honduras (US$5.91M), Nicaragua (US$2.82M), China (US$73.9k), and France (US$59.8k).
In the global context, the main exporting countries of Waste and Scrap Copper in 2022 were United States (US$5.3B), Germany (US$2.35B), and Japan (US$2.02B). In the same year, the main importing countries of Waste and Scrap Copper were China (US$11.1B), Germany (US$3.74B), and South Korea (US$2.63B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$554M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Waste and Scrap Copper in Mexico (including international purchases and sales) was US$554M.
The visualizations show the net balance of Waste and Scrap Copper 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$11.8M, International Purchases
- US$47.4M, International Sales
In July 2024, international sales of Waste and Scrap Copper were US$47.4M, while international purchases reached US$11.8M. The above results in a trade balance of US$35.6M.
Market Concentration
#permalink to section2024-Q3: US$36.6M, International Sales
The visualization shows the quarterly concentration of international sales of Waste and Scrap Copper at state level.
In the third quarter of 2024, international sales were US$36.6M, being the states with the most sales Chihuahua (US$8.83M), Nuevo León (US$8.54M), and San Luis Potosí (US$5.51M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$108M, State with the Most International Sales (2023)
United States: US$220M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Waste and Scrap Copper were Chihuahua (US$108M), Nuevo León (US$99.1M), Ciudad de México (US$48.9M), Baja California (US$47.3M), and Coahuila de Zaragoza (US$38.7M).
In 2023, the countries with the most international purchases from Mexico were United States (US$220M), China (US$50.7M), Germany (US$35.9M), Belgium (US$20.4M), and South Korea (US$15.9M).
International Purchases
#permalink to sectionEstado de México: US$18.1M, State with the Most International Purchases (2023)
United States: US$28.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Waste and Scrap Copper were Estado de México (US$18.1M), Tamaulipas (US$14.5M), Chihuahua (US$3.91M), Baja California (US$739k), and Nuevo León (US$161k).
The countries with the most international sales to Mexico in 2023 were United States (US$28.6M), Honduras (US$5.91M), Nicaragua (US$2.82M), China (US$73.9k), and France (US$59.8k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Waste and Scrap Copper and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Waste and Scrap Copper. 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- 2.71%, Mexican share in global exports - 2022
- 0.32%, Mexican share in global imports - 2022
The visualizations show the global market for Waste and Scrap Copper. 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 Waste and Scrap Copper were United States (US$5.3B), Germany (US$2.35B), and Japan (US$2.02B). In the same year, the main importing countries for Waste and Scrap Copper were China (US$11.1B), Germany (US$3.74B), and South Korea (US$2.63B).