Bars Cutting Steel, Non-Alloy Formed or Cold-Finished
Código 721510 (Harmonized System 2012 by 6 digits)
2023: US$39.8M, Total Trade Exchange
2023: US$443k, International Sales
2023: US$39.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished was US$39.8M.
In 2023, the states with the most international sales in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Nuevo León (US$317k), Estado de México (US$76.3k), Tamaulipas (US$7.44k), Sonora (US$4.01k), and Baja California (US$149).
The states with the most international purchases in 2023 were Estado de México (US$15.5M), Nuevo León (US$6.71M), San Luis Potosí (US$4.14M), Guanajuato (US$3.15M), and Querétaro (US$2.61M).
In 2023, the main commercial destinations of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were United States (US$185k), Nicaragua (US$171k), El Salvador (US$39.8k), Guatemala (US$8.73k), and Germany (US$125).
The main commercial origins of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in 2023 were Spain (US$10.9M), Germany (US$9.75M), United States (US$8.06M), France (US$3.11M), and India (US$2.39M).
In the global context, the main exporting countries of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in 2022 were Germany (US$211M), Italy (US$206M), and Switzerland (US$97.5M). In the same year, the main importing countries of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$205M), France (US$107M), and United States (US$72M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$39.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in Mexico (including international purchases and sales) was US$39.8M.
The visualizations show the net balance of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished 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 sectionNovember, 2024
- US$3.82M, International Purchases
- US$24.4k, International Sales
In November 2024, international sales of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were US$24.4k, while international purchases reached US$3.82M. The above results in a trade balance of -US$3.8M.
Market Concentration
#permalink to section2024-Q4: US$294, International Sales
The visualization shows the quarterly concentration of international sales of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished at state level.
In the fourth quarter of 2024, international sales were US$294, being the states with the most sales Sonora (US$294).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$317k, State with the Most International Sales (2023)
United States: US$185k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Nuevo León (US$317k), Estado de México (US$76.3k), Tamaulipas (US$7.44k), Sonora (US$4.01k), and Baja California (US$149).
In 2023, the countries with the most international purchases from Mexico were United States (US$185k), Nicaragua (US$171k), El Salvador (US$39.8k), Guatemala (US$8.73k), and Germany (US$125).
International Purchases
#permalink to sectionEstado de México: US$15.5M, State with the Most International Purchases (2023)
Spain: US$10.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Estado de México (US$15.5M), Nuevo León (US$6.71M), San Luis Potosí (US$4.14M), Guanajuato (US$3.15M), and Querétaro (US$2.61M).
The countries with the most international sales to Mexico in 2023 were Spain (US$10.9M), Germany (US$9.75M), United States (US$8.06M), France (US$3.11M), and India (US$2.39M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished. 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- 0.034%, Mexican share in global exports - 2022
- 4.11%, Mexican share in global imports - 2022
The visualizations show the global market for Bars Cutting Steel, Non-Alloy Formed or Cold-Finished. 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 Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$211M), Italy (US$206M), and Switzerland (US$97.5M). In the same year, the main importing countries for Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$205M), France (US$107M), and United States (US$72M).