Data shows a decline in aluminium scrap export by Mexico in 2018
Mexico’s exports of aluminium scrap, a significant resource to be used as raw material to produce secondary aluminium, represent 1.4% of the total exports. Following an increase in 2016, exports of aluminium scrap from Mexico decreased in 2017. The country is estimated to witness a decrease in exports of aluminium scraps this year.
The top destinations of Mexico aluminium scrap exports are Hong Kong, Brazil, the USA, and Taiwan among others. China, importer of Mexican aluminium scrap, imported 4892 tonnes of this product in 2017, up 32 per cent YoY.
Data shows the total aluminium scrap export by Mexico stood at about 38300 tonne in 2017. The total revenue from the export stood at US$ 52.7 million. The country exported an estimated 164945 tonnes of aluminium scrap and the revenue from the export was US$ 209 million in 2016.
Mexico’s aluminium scrap export revenue is set to decline in 2018.The country is estimated to export around 31846 tonnes of aluminium scrap and the revenue from export is estimated to be about US$ 43 million this year.
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