Código 721499 (Harmonized System 2012 by 6 digits)
2023: US$167M, Total Trade Exchange
2023: US$15.1M, International Sales
2023: US$152M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) was US$167M.
In 2023, the states with the most international sales in Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were Nuevo León (US$11.5M), Jalisco (US$1.71M), Querétaro (US$805k), Estado de México (US$57.4k), and Baja California (US$55.2k).
The states with the most international purchases in 2023 were Guanajuato (US$71.2M), Nuevo León (US$36.4M), Querétaro (US$11.9M), Puebla (US$10.9M), and Ciudad de México (US$6.92M).
In 2023, the main commercial destinations of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were United States (US$13.4M), Germany (US$474k), Guatemala (US$162k), Puerto Rico (US$91.2k), and Belize (US$87.2k).
The main commercial origins of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) in 2023 were United States (US$97.4M), Japan (US$29.1M), Germany (US$8.13M), Turkey (US$6.6M), and China (US$2.24M).
In the global context, the main exporting countries of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) in 2022 were China (US$594M), Italy (US$487M), and Japan (US$364M). In the same year, the main importing countries of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were Germany (US$489M), Thailand (US$321M), and Romania (US$297M).
US$167M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) in Mexico (including international purchases and sales) was US$167M.
The visualizations show the net balance of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) 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 (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were US$1.03M, while international purchases reached US$15.2M. The above results in a trade balance of -US$14.2M.
2024-Q3: US$901k, International Sales
The visualization shows the quarterly concentration of international sales of Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) at state level.
In the third quarter of 2024, international sales were US$901k, being the states with the most sales Nuevo León (US$901k).
Nuevo León: US$11.5M, State with the Most International Sales (2023)
United States: US$13.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were Nuevo León (US$11.5M), Jalisco (US$1.71M), Querétaro (US$805k), Estado de México (US$57.4k), and Baja California (US$55.2k).
In 2023, the countries with the most international purchases from Mexico were United States (US$13.4M), Germany (US$474k), Guatemala (US$162k), Puerto Rico (US$91.2k), and Belize (US$87.2k).
Guanajuato: US$71.2M, State with the Most International Purchases (2023)
United States: US$97.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were Guanajuato (US$71.2M), Nuevo León (US$36.4M), Querétaro (US$11.9M), Puebla (US$10.9M), and Ciudad de México (US$6.92M).
The countries with the most international sales to Mexico in 2023 were United States (US$97.4M), Japan (US$29.1M), Germany (US$8.13M), Turkey (US$6.6M), and China (US$2.24M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) 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 (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular). 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 (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular). 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 (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were China (US$594M), Italy (US$487M), and Japan (US$364M). In the same year, the main importing countries for Bars of Iron or Non-Alloy Rolled or Extruded Hot (Exc. with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling, as well as Bars Cutting Steel and Bars Section Transversal Rectangular) were Germany (US$489M), Thailand (US$321M), and Romania (US$297M).