Bars, Profiles and Wire, of Nickel
Código 7505 (Harmonized System 2012 by 4 digits)
2024: US$325M, Total Trade Exchange
2024: US$14.1M, International Sales
2024: US$311M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Bars, Profiles and Wire, of Nickel was US$325M.
In 2024, the states with the most international sales in Bars, Profiles and Wire, of Nickel were Chihuahua (US$4.36M), Baja California (US$3.96M), Tamaulipas (US$1.9M), Nuevo León (US$1.11M), and Ciudad de México (US$1.09M).
The states with the most international purchases in 2024 were Nuevo León (US$198M), Tamaulipas (US$31.9M), Sonora (US$17.5M), Chihuahua (US$11.6M), and Baja California (US$11.4M).
In the global context, the main exporting countries of Bars, Profiles and Wire, of Nickel in 2022 were United States (US$9.82B), Germany (US$4.33B), and France (US$3.09B). In the same year, the main importing countries of Bars, Profiles and Wire, of Nickel were United States (US$4.03B), Germany (US$3.38B), and United Kingdom (US$2.65B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$325M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Bars, Profiles and Wire, of Nickel in Mexico (including international purchases and sales) was US$325M.
The visualizations show the net balance of Bars, Profiles and Wire, of Nickel 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 sectionMarket Concentration
#permalink to section2025-Q1: US$1.77M, International Sales
The visualization shows the quarterly concentration of international sales of Bars, Profiles and Wire, of Nickel at state level.
In the first quarter of 2025, international sales were US$1.77M, being the states with the most sales Baja California (US$750k), Sonora (US$381k), and Chihuahua (US$329k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars, Profiles and Wire, of Nickel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars, Profiles and Wire, of Nickel. 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- 0.37%, Mexican share in global exports - 2022
- 4.94%, Mexican share in global imports - 2022
The visualizations show the global market for Bars, Profiles and Wire, of Nickel. 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 Bars, Profiles and Wire, of Nickel were United States (US$9.82B), Germany (US$4.33B), and France (US$3.09B). In the same year, the main importing countries for Bars, Profiles and Wire, of Nickel were United States (US$4.03B), Germany (US$3.38B), and United Kingdom (US$2.65B).