ProceduresGovernment

Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor)

Código 731589 (Harmonized System 2012 by 6 digits)

 2023: US$7.97M, Total Trade Exchange

2023: US$623k, International Sales

  2023: US$7.34M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) was US$7.97M.

In 2023, the states with the most international sales in Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were Sonora (US$268k), Baja California (US$113k), Estado de México (US$82.9k), Jalisco (US$60.6k), and Nuevo León (US$50.1k).

The states with the most international purchases in 2023 were Tamaulipas (US$1.59M), Ciudad de México (US$1.45M), Sonora (US$977k), Baja California (US$859k), and Nuevo León (US$778k).

In 2023, the main commercial destinations of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were United States (US$518k), Guatemala (US$29.1k), Honduras (US$20.1k), Ecuador (US$12k), and Colombia (US$11.8k).

The main commercial origins of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) in 2023 were United States (US$2.96M), China (US$2.71M), Japan (US$1.41M), South Korea (US$93.1k), and South Africa (US$45.8k).

In the global context, the main exporting countries of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) in 2022 were China (US$201M), Germany (US$36.3M), and Italy (US$33.9M). In the same year, the main importing countries of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were United States (US$38.1M), Germany (US$26.4M), and United Kingdom (US$23.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$7.97M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) in Mexico (including international purchases and sales) was US$7.97M.

The visualizations show the net balance of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) 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$431k, International Purchases
  • US$204k, International Sales

In July 2024, international sales of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were US$204k, while international purchases reached US$431k. The above results in a trade balance of -US$228k.

Market Concentration

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2024-Q3: US$31.1k, International Sales

The visualization shows the quarterly concentration of international sales of Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) at state level.

In the third quarter of 2024, international sales were US$31.1k, being the states with the most sales Baja California (US$15.5k), Sonora (US$10.6k), and Nuevo León (US$5.06k).

Exchange by Territory

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International Sales

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Sonora: US$268k, State with the Most International Sales (2023)

United States: US$518k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were Sonora (US$268k), Baja California (US$113k), Estado de México (US$82.9k), Jalisco (US$60.6k), and Nuevo León (US$50.1k).

In 2023, the countries with the most international purchases from Mexico were United States (US$518k), Guatemala (US$29.1k), Honduras (US$20.1k), Ecuador (US$12k), and Colombia (US$11.8k).

International Purchases

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Tamaulipas: US$1.59M, State with the Most International Purchases (2023)

United States: US$2.96M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were Tamaulipas (US$1.59M), Ciudad de México (US$1.45M), Sonora (US$977k), Baja California (US$859k), and Nuevo León (US$778k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.96M), China (US$2.71M), Japan (US$1.41M), South Korea (US$93.1k), and South Africa (US$45.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor). 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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  • 0.063%, Mexican share in global exports - 2022
  • 1.94%, Mexican share in global imports - 2022

The visualizations show the global market for Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor). 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 Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were China (US$201M), Germany (US$36.3M), and Italy (US$33.9M). In the same year, the main importing countries for Chains of Iron or Steel (Excl Articulated Link Chains, Antiskid, of Links with Contrete "Transom", Welded Link, and Parts Thereof. Watch Chains, Jewelery Chains, etc .; Chopping Chains; Treads for Vehicles; Entrainer Chains Mechanical Conveyor, Chains Tweezers Textile Machinery; Chain Safety Devices Close Doors, Chains Agrimensor) were United States (US$38.1M), Germany (US$26.4M), and United Kingdom (US$23.6M).