Other Articles of Copper
Código 7419 (Harmonized System 2012 by 4 digits)
2024: US$384M, Total Trade Exchange
2024: US$59M, International Sales
2024: US$324M, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$51.4M, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were United States (US$51.4M), Canada (US$2.52M), Malaysia (US$1.2M), China (US$1.02M), and Guatemala (US$406k).
International Purchases
#permalink to sectionUnited States: US$158M, Main Commercial Origin (2024)
The countries with the most international sales to Mexico in 2024 were United States (US$158M), China (US$57M), Germany (US$29.2M), Japan (US$23.7M), and Taiwan (Region) (US$12.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Other Articles of Copper and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Other Articles of Copper. 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- 1.13%, Mexican share in global exports - 2022
- 5.55%, Mexican share in global imports - 2022
The visualizations show the global market for Other Articles of Copper. 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 Other Articles of Copper were China (US$740M), Germany (US$665M), and Japan (US$466M). In the same year, the main importing countries for Other Articles of Copper were United States (US$462M), China (US$403M), and Germany (US$360M).