Electrical Wires and Cables

Código 8544 (Harmonized System 2012 by 4 digits)

 2020: US$15.3B, Total Trade Exchange

2020: US$10.7B, International Sales

  2020: US$4.6B, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Electrical Wires and Cables was N/A.

In 2020, the states with the most international sales in Electrical Wires and Cables were Chihuahua (US$3.5B), Nuevo León (US$1.97B), Coahuila de Zaragoza (US$834M), Tamaulipas (US$701M), and Baja California (US$570M).

In the same year, the states with the most international purchases were Chihuahua (US$945M), Ciudad de México (US$618M), Baja California (US$595M), Nuevo León (US$522M), and Tamaulipas (US$458M).

In 2020, the main commercial destinations of Electrical Wires and Cables were United States (US$8.89B), Nicaragua (US$102M), Honduras (US$81.7M), Guatemala (US$50.6M), and Colombia (US$41.2M).

In the same year, the main commercial origins of Electrical Wires and Cables were United States (US$2.4B), China (US$1.16B), South Korea (US$136M), Japan (US$90.6M), and Germany (US$72.9M).

In the global context, the main exporting countries of Electrical Wires and Cables in 2019 were China (US$25.3B), Mexico (US$13.4B), and United States (US$8.96B). In the same year, the main importing countries of Electrical Wires and Cables were United States (US$21.6B), Germany (US$11.2B), and Japan (US$7.62B).

Trade Balance of Mexico

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Net Trade Balance

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US$15.3B, Total Trade Exchange (2020)

In 2020, the total trade exchange of Electrical Wires and Cables in Mexico (including international purchases and sales) was US$15.3B.

The visualizations show the net balance of Electrical Wires and Cables 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

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June, 2021

  • US$524M, International Purchases
  • US$1.19B, International Sales

In June 2021, international sales of Electrical Wires and Cables were US$1.19B, while international purchases reached US$524M. The above results in a trade balance of US$663M.

Market Concentration

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2021-Q2: US$2.53B, International Sales

The visualization shows the quarterly concentration of international sales of Electrical Wires and Cables at state level.

In the second quarter of 2021, international sales were US$2.53B, being the states with the most sales Chihuahua (US$1.09B), Nuevo León (US$389M), and Tamaulipas (US$246M).

Exchange by Territory

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International Sales

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Chihuahua: US$3.5B, State with the Most International Sales (2020)

United States: US$8.89B, Main commercial destination (2020)

In 2020, the states with the highest international sales in Electrical Wires and Cables were Chihuahua (US$3.5B), Nuevo León (US$1.97B), Coahuila de Zaragoza (US$834M), Tamaulipas (US$701M), and Baja California (US$570M).

In 2020, the countries with the most international purchases from Mexico were United States (US$8.89B), Nicaragua (US$102M), Honduras (US$81.7M), Guatemala (US$50.6M), and Colombia (US$41.2M).

International Purchases

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Chihuahua: US$945M, State with the Most International Purchases (2020)

United States: US$2.4B, Main Commercial Origin (2020)

In 2020, the states with the highest international in Electrical Wires and Cables were Chihuahua (US$945M), Ciudad de México (US$618M), Baja California (US$595M), Nuevo León (US$522M), and Tamaulipas (US$458M).

The countries with the most international sales to Mexico were United States (US$2.4B), China (US$1.16B), South Korea (US$136M), Japan (US$90.6M), and Germany (US$72.9M).

Specialization

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Specialization by State

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The 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.

Origins and Trade Destinations

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  • 10.6%, Mexican share in global exports - 2019
  • 4.1%, Mexican share in global imports - 2019

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 2019, the main exporting countries of Electrical Wires and Cables were China (US$25.3B), Mexico (US$13.4B), and United States (US$8.96B). In the same year, the main importing countries for Electrical Wires and Cables were United States (US$21.6B), Germany (US$11.2B), and Japan (US$7.62B).