Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese)
Código 722840 (Harmonized System 2012 by 6 digits)
2023: US$46.2M, Total Trade Exchange
2023: US$11.9M, International Sales
2023: US$34.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) was US$46.2M.
In 2021, the states with the most international sales in Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Estado de México (US$21.8k).
The states with the most international purchases in 2023 were Estado de México (US$7.67M), Veracruz de Ignacio de la Llave (US$5.59M), Querétaro (US$5.53M), Nuevo León (US$4.72M), and Guanajuato (US$4.65M).
In 2021, the main commercial destinations of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Chile (US$10.6k), Brazil (US$10.3k), and Paraguay (US$948).
The main commercial origins of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) in 2023 were China (US$15.8M), United States (US$4.82M), Germany (US$4.6M), Taiwan (Republic of China) (US$4.46M), and Sweden (US$1.28M).
In the global context, the main exporting countries of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) in 2022 were China (US$508M), Germany (US$329M), and Sweden (US$140M). In the same year, the main importing countries of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Turkey (US$153M), China (US$131M), and Germany (US$131M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$46.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) in Mexico (including international purchases and sales) was US$46.2M.
The visualizations show the net balance of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) 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 sectionJuly, 2024
- US$2.1M, International Purchases
- US$1.52M, International Sales
In July 2024, international sales of Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were US$1.52M, while international purchases reached US$2.1M. The above results in a trade balance of -US$574k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$21.8k, State with the Most International Sales (2021)
Chile: US$10.6k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Estado de México (US$21.8k).
In 2021, the countries with the most international purchases from Mexico were Chile (US$10.6k), Brazil (US$10.3k), and Paraguay (US$948).
International Purchases
#permalink to sectionEstado de México: US$7.67M, State with the Most International Purchases (2023)
China: US$15.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Estado de México (US$7.67M), Veracruz de Ignacio de la Llave (US$5.59M), Querétaro (US$5.53M), Nuevo León (US$4.72M), and Guanajuato (US$4.65M).
The countries with the most international sales to Mexico in 2023 were China (US$15.8M), United States (US$4.82M), Germany (US$4.6M), Taiwan (Republic of China) (US$4.46M), and Sweden (US$1.28M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese). 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- 2.13%, Mexican share in global exports - 2022
- 1.87%, Mexican share in global imports - 2022
The visualizations show the global market for Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese). 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 Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were China (US$508M), Germany (US$329M), and Sweden (US$140M). In the same year, the main importing countries for Alloy Steel Bars, than Stainless than Forged (Exc. Rapid Steel or Silico-Manganese) were Turkey (US$153M), China (US$131M), and Germany (US$131M).