Electrical Wires and Cables
Código 8544 (Harmonized System 2012 by 4 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$5.73B, State with the Most International Sales (2024)
United States: US$16.4B, Main commercial destination (2024)
In 2024, the states with the highest international sales in Electrical Wires and Cables were Chihuahua (US$5.73B), Nuevo León (US$3.14B), Sonora (US$1.76B), Coahuila de Zaragoza (US$1.26B), and Tamaulipas (US$1.14B).
In 2024, the countries with the most international purchases from Mexico were United States (US$16.4B), Nicaragua (US$145M), Honduras (US$111M), Guatemala (US$87.7M), and Puerto Rico (US$52.3M).
International Purchases
#permalink to sectionChihuahua: US$1.46B, State with the Most International Purchases (2024)
United States: US$3.37B, Main Commercial Origin (2024)
In 2024, the states with the highest international in Electrical Wires and Cables were Chihuahua (US$1.46B), Ciudad de México (US$890M), Baja California (US$785M), Nuevo León (US$784M), and Jalisco (US$571M).
The countries with the most international sales to Mexico in 2024 were United States (US$3.37B), China (US$2.07B), Vietnam (US$247M), Honduras (US$212M), and Japan (US$122M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Wires and Cables and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Wires and Cables. 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- 10.2%, Mexican share in global exports - 2022
- 5.04%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Wires and Cables. 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 Electrical Wires and Cables were China (US$34.3B), Mexico (US$16.7B), and United States (US$10.5B). In the same year, the main importing countries for Electrical Wires and Cables were N/A.