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Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing

Código 731300 (Harmonized System 2012 by 6 digits)

 2023: US$22.7M, Total Trade Exchange

2023: US$20.8M, International Sales

  2023: US$1.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing was US$22.7M.

In 2023, the states with the most international sales in Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were Nuevo León (US$20.4M), Ciudad de México (US$150k), Baja California (US$89.6k), and Yucatán (US$4.01k).

The states with the most international purchases in 2023 were Baja California (US$589k), Ciudad de México (US$498k), Jalisco (US$90.7k), Nuevo León (US$61.8k), and Chihuahua (US$30.7k).

In 2023, the main commercial destinations of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were United States (US$10.3M), Nicaragua (US$3.61M), Honduras (US$2.61M), Costa Rica (US$1.62M), and Panama (US$844k).

The main commercial origins of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing in 2023 were China (US$803k), Peru (US$232k), Ecuador (US$121k), United States (US$58.9k), and Venezuela (US$42.9k).

In the global context, the main exporting countries of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing in 2022 were China (US$166M), Turkey (US$26.8M), and Mexico (US$17.1M). In the same year, the main importing countries of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were United States (US$15.5M), Spain (US$13.5M), and Iraq (US$10.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$22.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing in Mexico (including international purchases and sales) was US$22.7M.

The visualizations show the net balance of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing 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$331k, International Purchases
  • US$2.15M, International Sales

In July 2024, international sales of Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were US$2.15M, while international purchases reached US$331k. The above results in a trade balance of US$1.82M.

Exchange by Territory

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International Sales

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Nuevo León: US$20.4M, State with the Most International Sales (2023)

United States: US$10.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were Nuevo León (US$20.4M), Ciudad de México (US$150k), Baja California (US$89.6k), and Yucatán (US$4.01k).

In 2023, the countries with the most international purchases from Mexico were United States (US$10.3M), Nicaragua (US$3.61M), Honduras (US$2.61M), Costa Rica (US$1.62M), and Panama (US$844k).

International Purchases

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Baja California: US$589k, State with the Most International Purchases (2023)

China: US$803k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were Baja California (US$589k), Ciudad de México (US$498k), Jalisco (US$90.7k), Nuevo León (US$61.8k), and Chihuahua (US$30.7k).

The countries with the most international sales to Mexico in 2023 were China (US$803k), Peru (US$232k), Ecuador (US$121k), United States (US$58.9k), and Venezuela (US$42.9k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing. 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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  • 4.86%, Mexican share in global exports - 2022
  • 0.8%, Mexican share in global imports - 2022

The visualizations show the global market for Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing. 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 Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were China (US$166M), Turkey (US$26.8M), and Mexico (US$17.1M). In the same year, the main importing countries for Barbed Wire, of Iron or Steel; Wire "Single or Double" and Strapping, Torcidos, Incl. with Spikes, of Iron or Steel, of a Kind Used for Fencing were United States (US$15.5M), Spain (US$13.5M), and Iraq (US$10.4M).