ProceduresGovernment

Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires)

Código 760521 (Harmonized System 2012 by 6 digits)

2020: US$7.69k, International Sales

  2023: US$8.82M, International Purchases

In 2015, the states with the most international sales in Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were Nuevo León (US$567k).

The states with the most international purchases in 2023 were Nuevo León (US$6.41M), Ciudad de México (US$937k), and Querétaro (US$343k).

In 2015, the main commercial destinations of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were Colombia (US$541k), Costa Rica (US$19.1k), and United States (US$6.74k).

The main commercial origins of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) in 2023 were Netherlands (US$2.29M), Bahrain (US$1.95M), China (US$1.21M), Malaysia (US$1.02M), and United States (US$704k).

In the global context, the main exporting countries of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) in 2022 were Canada (US$162M), Netherlands (US$111M), and Malaysia (US$98.6M). In the same year, the main importing countries of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were United States (US$189M), Germany (US$101M), and Italy (US$63.5M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) 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$525k, International Purchases

In July 2024, international sales of Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were US$0, while international purchases reached US$525k. The above results in a trade balance of -US$525k.

Exchange by Territory

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International Sales

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Nuevo León: US$567k, State with the Most International Sales (2015)

Colombia: US$541k, Main commercial destination (2015)

In 2015, the states with the highest international sales in Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were Nuevo León (US$567k).

In 2015, the countries with the most international purchases from Mexico were Colombia (US$541k), Costa Rica (US$19.1k), and United States (US$6.74k).

International Purchases

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Nuevo León: US$6.41M, State with the Most International Purchases (2023)

Netherlands: US$2.29M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were Nuevo León (US$6.41M), Ciudad de México (US$937k), and Querétaro (US$343k).

The countries with the most international sales to Mexico in 2023 were Netherlands (US$2.29M), Bahrain (US$1.95M), China (US$1.21M), Malaysia (US$1.02M), and United States (US$704k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires). 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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  • 0.003%, Mexican share in global exports - 2022
  • 0.92%, Mexican share in global imports - 2022

The visualizations show the global market for Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires). 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 Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were Canada (US$162M), Netherlands (US$111M), and Malaysia (US$98.6M). In the same year, the main importing countries for Wire Aluminum Alloys, the Largest Dimension of Cross Section> 7 Mm (Excl. Cables, Plaited Bands and Similar Articles. of Heading 7614, and Electrically Insulated Wires) were United States (US$189M), Germany (US$101M), and Italy (US$63.5M).