Wire, of Nickel Alloys (Excl. Insulated Products Electricity)
Código 750522 (Harmonized System 2012 by 6 digits)
2023: US$80.7M, Total Trade Exchange
2023: US$9.38M, International Sales
2023: US$71.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) was US$80.7M.
In 2023, the states with the most international sales in Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were Baja California (US$3.16M), Chihuahua (US$2.79M), Tamaulipas (US$1.23M), Nuevo León (US$985k), and Sonora (US$347k).
The states with the most international purchases in 2023 were Tamaulipas (US$24.8M), Chihuahua (US$13.3M), Baja California (US$7.22M), Nuevo León (US$5.97M), and Ciudad de México (US$4.72M).
In 2023, the main commercial destinations of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were United States (US$6.71M), Ireland (US$1.4M), India (US$500k), China (US$15.8k), and Malaysia (US$12.1k).
The main commercial origins of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) in 2023 were United States (US$28.8M), Sweden (US$19.7M), India (US$10.5M), Germany (US$3.89M), and France (US$3.7M).
In the global context, the main exporting countries of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) in 2022 were France (US$359M), Germany (US$222M), and United States (US$155M). In the same year, the main importing countries of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were United States (US$238M), Germany (US$224M), and Italy (US$86.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$80.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) in Mexico (including international purchases and sales) was US$80.7M.
The visualizations show the net balance of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) 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$5.29M, International Purchases
- US$2.35M, International Sales
In July 2024, international sales of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were US$2.35M, while international purchases reached US$5.29M. The above results in a trade balance of -US$2.94M.
Market Concentration
#permalink to section2024-Q3: US$1.85M, International Sales
The visualization shows the quarterly concentration of international sales of Wire, of Nickel Alloys (Excl. Insulated Products Electricity) at state level.
In the third quarter of 2024, international sales were US$1.85M, being the states with the most sales Chihuahua (US$1.65M), Tamaulipas (US$169k), and Ciudad de México (US$16.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$3.16M, State with the Most International Sales (2023)
United States: US$6.71M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were Baja California (US$3.16M), Chihuahua (US$2.79M), Tamaulipas (US$1.23M), Nuevo León (US$985k), and Sonora (US$347k).
In 2023, the countries with the most international purchases from Mexico were United States (US$6.71M), Ireland (US$1.4M), India (US$500k), China (US$15.8k), and Malaysia (US$12.1k).
International Purchases
#permalink to sectionTamaulipas: US$24.8M, State with the Most International Purchases (2023)
United States: US$28.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were Tamaulipas (US$24.8M), Chihuahua (US$13.3M), Baja California (US$7.22M), Nuevo León (US$5.97M), and Ciudad de México (US$4.72M).
The countries with the most international sales to Mexico in 2023 were United States (US$28.8M), Sweden (US$19.7M), India (US$10.5M), Germany (US$3.89M), and France (US$3.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wire, of Nickel Alloys (Excl. Insulated Products Electricity) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wire, of Nickel Alloys (Excl. Insulated Products Electricity). 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- 0.43%, Mexican share in global exports - 2022
- 4.76%, Mexican share in global imports - 2022
The visualizations show the global market for Wire, of Nickel Alloys (Excl. Insulated Products Electricity). 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 Nickel Alloys (Excl. Insulated Products Electricity) were France (US$359M), Germany (US$222M), and United States (US$155M). In the same year, the main importing countries for Wire, of Nickel Alloys (Excl. Insulated Products Electricity) were United States (US$238M), Germany (US$224M), and Italy (US$86.6M).