Waste and Scrap of Aluminum
Código 7602 (Harmonized System 2012 by 4 digits)
2023: US$837M, Total Trade Exchange
2023: US$505M, International Sales
2023: US$332M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Waste and Scrap of Aluminum was US$837M.
In 2023, the states with the most international sales in Waste and Scrap of Aluminum were Nuevo León (US$219M), Chihuahua (US$67.5M), Baja California (US$65.5M), Coahuila de Zaragoza (US$34.5M), and Tamaulipas (US$27M).
The states with the most international purchases in 2023 were Nuevo León (US$143M), Coahuila de Zaragoza (US$52.8M), Ciudad de México (US$50.2M), Chihuahua (US$16.1M), and Guanajuato (US$14.8M).
In 2023, the main commercial destinations of Waste and Scrap of Aluminum were United States (US$323M), South Korea (US$30.8M), Hong Kong (US$23M), China (US$21.4M), and Brazil (US$21.3M).
The main commercial origins of Waste and Scrap of Aluminum in 2023 were United States (US$294M), China (US$3.33M), Puerto Rico (US$2.33M), Canada (US$2.33M), and Honduras (US$968k).
In the global context, the main exporting countries of Waste and Scrap of Aluminum in 2022 were United States (US$3.7B), Germany (US$2.34B), and Canada (US$1.37B). In the same year, the main importing countries of Waste and Scrap of Aluminum were India (US$3.76B), South Korea (US$1.92B), and Germany (US$1.77B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$837M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Waste and Scrap of Aluminum in Mexico (including international purchases and sales) was US$837M.
The visualizations show the net balance of Waste and Scrap of Aluminum 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$31.5M, International Purchases
- US$55.1M, International Sales
In July 2024, international sales of Waste and Scrap of Aluminum were US$55.1M, while international purchases reached US$31.5M. The above results in a trade balance of US$23.6M.
Market Concentration
#permalink to section2024-Q3: US$51M, International Sales
The visualization shows the quarterly concentration of international sales of Waste and Scrap of Aluminum at state level.
In the third quarter of 2024, international sales were US$51M, being the states with the most sales Nuevo León (US$29.1M), Baja California (US$6.34M), and Chihuahua (US$5.99M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$219M, State with the Most International Sales (2023)
United States: US$323M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Waste and Scrap of Aluminum were Nuevo León (US$219M), Chihuahua (US$67.5M), Baja California (US$65.5M), Coahuila de Zaragoza (US$34.5M), and Tamaulipas (US$27M).
In 2023, the countries with the most international purchases from Mexico were United States (US$323M), South Korea (US$30.8M), Hong Kong (US$23M), China (US$21.4M), and Brazil (US$21.3M).
International Purchases
#permalink to sectionNuevo León: US$143M, State with the Most International Purchases (2023)
United States: US$294M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Waste and Scrap of Aluminum were Nuevo León (US$143M), Coahuila de Zaragoza (US$52.8M), Ciudad de México (US$50.2M), Chihuahua (US$16.1M), and Guanajuato (US$14.8M).
The countries with the most international sales to Mexico in 2023 were United States (US$294M), China (US$3.33M), Puerto Rico (US$2.33M), Canada (US$2.33M), and Honduras (US$968k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Waste and Scrap of Aluminum and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Waste and Scrap of Aluminum. 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- 3.7%, Mexican share in global exports - 2022
- 1.76%, Mexican share in global imports - 2022
The visualizations show the global market for Waste and Scrap of Aluminum. 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 of Aluminum were United States (US$3.7B), Germany (US$2.34B), and Canada (US$1.37B). In the same year, the main importing countries for Waste and Scrap of Aluminum were India (US$3.76B), South Korea (US$1.92B), and Germany (US$1.77B).