ProceduresGovernment

Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity)

Código 750521 (Harmonized System 2012 by 6 digits)

 2023: US$5.28M, Total Trade Exchange

2023: US$337k, International Sales

  2023: US$4.94M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) was US$5.28M.

In 2023, the states with the most international sales in Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were Baja California (US$41.4k).

The states with the most international purchases in 2023 were Tamaulipas (US$2.46M), Nuevo León (US$1.08M), Estado de México (US$315k), Ciudad de México (US$282k), and Baja California (US$279k).

In 2023, the main commercial destinations of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were United States (US$41.4k).

The main commercial origins of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) in 2023 were United States (US$2.81M), France (US$563k), Germany (US$480k), India (US$207k), and Sweden (US$159k).

In the global context, the main exporting countries of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) in 2022 were Austria (US$24.7M), Germany (US$13.6M), and France (US$10.3M). In the same year, the main importing countries of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were Germany (US$16.7M), United States (US$10.5M), and Sweden (US$8.81M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$5.28M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) in Mexico (including international purchases and sales) was US$5.28M.

The visualizations show the net balance of Wire of Non-Alloy Nickel (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 section

July, 2024: US$465k, International Purchases

In July 2024, international sales of Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were US$0, while international purchases reached US$465k. The above results in a trade balance of -US$465k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$41.4k, State with the Most International Sales (2023)

United States: US$41.4k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were Baja California (US$41.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$41.4k).

International Purchases

#permalink to section

Tamaulipas: US$2.46M, State with the Most International Purchases (2023)

United States: US$2.81M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were Tamaulipas (US$2.46M), Nuevo León (US$1.08M), Estado de México (US$315k), Ciudad de México (US$282k), and Baja California (US$279k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.81M), France (US$563k), Germany (US$480k), India (US$207k), and Sweden (US$159k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wire of Non-Alloy Nickel (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 Non-Alloy Nickel (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.

Origins and Trade Destinations

#permalink to section

  • 0.21%, Mexican share in global exports - 2022
  • 3.66%, Mexican share in global imports - 2022

The visualizations show the global market for Wire of Non-Alloy Nickel (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 Non-Alloy Nickel (Excl. Insulated Products Electricity) were Austria (US$24.7M), Germany (US$13.6M), and France (US$10.3M). In the same year, the main importing countries for Wire of Non-Alloy Nickel (Excl. Insulated Products Electricity) were Germany (US$16.7M), United States (US$10.5M), and Sweden (US$8.81M).