Código 721491 (Harmonized System 2012 by 6 digits)
2023: US$88.9M, Total Trade Exchange
2023: US$33.4M, International Sales
2023: US$55.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) was US$88.9M.
In 2023, the states with the most international sales in Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Nuevo León (US$22.8M), Tamaulipas (US$4.53M), Ciudad de México (US$84.8k), Baja California (US$26.4k), and Chihuahua (US$416).
The states with the most international purchases in 2023 were Nuevo León (US$15.2M), Baja California (US$11.5M), Ciudad de México (US$10.9M), Coahuila de Zaragoza (US$6.88M), and Chihuahua (US$669k).
In 2023, the main commercial destinations of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were United States (US$26.3M), Guatemala (US$911k), Puerto Rico (US$209k), Colombia (US$14k), and Belize (US$6.44k).
The main commercial origins of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) in 2023 were United States (US$40M), Turkey (US$4M), Canada (US$1.14M), Spain (US$936k), and Finland (US$205k).
In the global context, the main exporting countries of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) in 2022 were Italy (US$272M), Spain (US$165M), and France (US$147M). In the same year, the main importing countries of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Germany (US$327M), France (US$133M), and United States (US$100M).
US$88.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) in Mexico (including international purchases and sales) was US$88.9M.
The visualizations show the net balance of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) 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.
July, 2024
In July 2024, international sales of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were US$2.07M, while international purchases reached US$5.93M. The above results in a trade balance of -US$3.86M.
2024-Q3: US$1.97M, International Sales
The visualization shows the quarterly concentration of international sales of Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) at state level.
In the third quarter of 2024, international sales were US$1.97M, being the states with the most sales Nuevo León (US$1.92M), Tamaulipas (US$45.8k), and Baja California (US$366).
Nuevo León: US$22.8M, State with the Most International Sales (2023)
United States: US$26.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Nuevo León (US$22.8M), Tamaulipas (US$4.53M), Ciudad de México (US$84.8k), Baja California (US$26.4k), and Chihuahua (US$416).
In 2023, the countries with the most international purchases from Mexico were United States (US$26.3M), Guatemala (US$911k), Puerto Rico (US$209k), Colombia (US$14k), and Belize (US$6.44k).
Nuevo León: US$15.2M, State with the Most International Purchases (2023)
United States: US$40M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Nuevo León (US$15.2M), Baja California (US$11.5M), Ciudad de México (US$10.9M), Coahuila de Zaragoza (US$6.88M), and Chihuahua (US$669k).
The countries with the most international sales to Mexico in 2023 were United States (US$40M), Turkey (US$4M), Canada (US$1.14M), Spain (US$936k), and Finland (US$205k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization). 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.
The visualizations show the global market for Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization). 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 of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Italy (US$272M), Spain (US$165M), and France (US$147M). In the same year, the main importing countries for Bars of Iron or Non-Alloy Rolled or Extruded Hot, Cross Section Rectangular (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Steel Bars Easy Mechanization) were Germany (US$327M), France (US$133M), and United States (US$100M).