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Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous)

Código 722790 (Harmonized System 2012 by 6 digits)

 2023: US$70.6M, Total Trade Exchange

2023: US$3.75M, International Sales

  2023: US$66.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) was US$70.6M.

In 2022, the states with the most international sales in Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were Nuevo León (US$38.3M) and Guanajuato (US$451k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$25.4M), Ciudad de México (US$19.3M), Guanajuato (US$7.63M), Nuevo León (US$6.66M), and Estado de México (US$1.45M).

In 2022, the main commercial destinations of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were Colombia (US$21.3M), United States (US$9.91M), Guatemala (US$4.44M), Dominican Republic (US$1.41M), and Costa Rica (US$1.23M).

The main commercial origins of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) in 2023 were Japan (US$18.3M), Germany (US$18.2M), Spain (US$12.8M), Italy (US$4.01M), and Brazil (US$2.65M).

In the global context, the main exporting countries of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) in 2022 were China (US$902M), Japan (US$586M), and Germany (US$562M). In the same year, the main importing countries of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were United States (US$512M), Germany (US$422M), and Thailand (US$380M).

Trade Balance of Mexico

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Net Trade Balance

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US$70.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) in Mexico (including international purchases and sales) was US$70.6M.

The visualizations show the net balance of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) 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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July, 2024: US$10.7M, International Purchases

In July 2024, international sales of Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were US$0, while international purchases reached US$10.7M. The above results in a trade balance of -US$10.7M.

Exchange by Territory

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International Sales

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Nuevo León: US$38.3M, State with the Most International Sales (2022)

Colombia: US$21.3M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were Nuevo León (US$38.3M) and Guanajuato (US$451k).

In 2022, the countries with the most international purchases from Mexico were Colombia (US$21.3M), United States (US$9.91M), Guatemala (US$4.44M), Dominican Republic (US$1.41M), and Costa Rica (US$1.23M).

International Purchases

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Coahuila de Zaragoza: US$25.4M, State with the Most International Purchases (2023)

Japan: US$18.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were Coahuila de Zaragoza (US$25.4M), Ciudad de México (US$19.3M), Guanajuato (US$7.63M), Nuevo León (US$6.66M), and Estado de México (US$1.45M).

The countries with the most international sales to Mexico in 2023 were Japan (US$18.3M), Germany (US$18.2M), Spain (US$12.8M), Italy (US$4.01M), and Brazil (US$2.65M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous). 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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  • 0.89%, Mexican share in global exports - 2022
  • 1.37%, Mexican share in global imports - 2022

The visualizations show the global market for Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous). 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 Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were China (US$902M), Japan (US$586M), and Germany (US$562M). In the same year, the main importing countries for Alloy Steel Wire Rod, Distinct from Stainless Steel, Spirals Coiled in Irregular "Crowns" (Exc. Steel Speed Steel or Silico Manganous) were United States (US$512M), Germany (US$422M), and Thailand (US$380M).