ProceduresGovernment

Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca")

Código 740829 (Harmonized System 2012 by 6 digits)

 2023: US$31.8M, Total Trade Exchange

2023: US$3.51M, International Sales

  2023: US$28.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") was US$31.8M.

In 2023, the states with the most international sales in Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were Sonora (US$256k), Chihuahua (US$139k), Baja California (US$97k), Tamaulipas (US$12.6k), and Jalisco (US$1.76k).

The states with the most international purchases in 2023 were Sonora (US$8.66M), Baja California (US$3.83M), Chihuahua (US$3.16M), Ciudad de México (US$3.04M), and Guanajuato (US$2.44M).

In 2023, the main commercial destinations of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were United States (US$503k), Germany (US$2.65k), and Philippines (US$715).

The main commercial origins of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") in 2023 were United States (US$14.2M), Germany (US$5.52M), China (US$1.85M), Turkey (US$1.34M), and Japan (US$1.22M).

In the global context, the main exporting countries of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") in 2022 were Germany (US$101M), China (US$88.4M), and Japan (US$77.4M). In the same year, the main importing countries of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were United States (US$78.3M), Germany (US$55.6M), and China (US$54.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$31.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") in Mexico (including international purchases and sales) was US$31.8M.

The visualizations show the net balance of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") 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$2.3M, International Purchases
  • US$534k, International Sales

In July 2024, international sales of Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were US$534k, while international purchases reached US$2.3M. The above results in a trade balance of -US$1.77M.

Exchange by Territory

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International Sales

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Sonora: US$256k, State with the Most International Sales (2023)

United States: US$503k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were Sonora (US$256k), Chihuahua (US$139k), Baja California (US$97k), Tamaulipas (US$12.6k), and Jalisco (US$1.76k).

In 2023, the countries with the most international purchases from Mexico were United States (US$503k), Germany (US$2.65k), and Philippines (US$715).

International Purchases

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Sonora: US$8.66M, State with the Most International Purchases (2023)

United States: US$14.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were Sonora (US$8.66M), Baja California (US$3.83M), Chihuahua (US$3.16M), Ciudad de México (US$3.04M), and Guanajuato (US$2.44M).

The countries with the most international sales to Mexico in 2023 were United States (US$14.2M), Germany (US$5.52M), China (US$1.85M), Turkey (US$1.34M), and Japan (US$1.22M).

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 of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca"). 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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  • 0.68%, Mexican share in global exports - 2022
  • 3.82%, Mexican share in global imports - 2022

The visualizations show the global market for Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca"). 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 of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were Germany (US$101M), China (US$88.4M), and Japan (US$77.4M). In the same year, the main importing countries for Wire of Copper Alloys (Exc. Based Alloys Copper-Zinc "Brass" Copper-Nickel "Cupro" and Copper-Nickel-Zinc "Alpaca") were United States (US$78.3M), Germany (US$55.6M), and China (US$54.8M).