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Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas)

Código 730531 (Harmonized System 2012 by 6 digits)

 2023: US$31.7M, Total Trade Exchange

2023: US$9.75M, International Sales

  2023: US$22M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) was US$31.7M.

In 2023, the states with the most international sales in Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were Nuevo León (US$2.45M) and Baja California (US$258k).

The states with the most international purchases in 2023 were Ciudad de México (US$5.96M), Estado de México (US$2.3M), Nuevo León (US$509k), Chihuahua (US$294k), and Baja California (US$262k).

In 2023, the main commercial destinations of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were United States (US$2.71M) and Taiwan (Republic of China) (US$6).

The main commercial origins of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) in 2023 were South Korea (US$3.54M), United States (US$1.89M), Italy (US$1.88M), China (US$1.5M), and Taiwan (Republic of China) (US$274k).

In the global context, the main exporting countries of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) in 2022 were South Korea (US$223M), China (US$217M), and Germany (US$124M). In the same year, the main importing countries of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were United Arab Emirates (US$62.8M), Netherlands (US$61.4M), and Indonesia (US$56.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$31.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) in Mexico (including international purchases and sales) was US$31.7M.

The visualizations show the net balance of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) 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$899k, International Purchases
  • US$1.38M, International Sales

In July 2024, international sales of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were US$1.38M, while international purchases reached US$899k. The above results in a trade balance of US$481k.

Market Concentration

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2024-Q2: US$51.1k, International Sales

The visualization shows the quarterly concentration of international sales of Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) at state level.

In the second quarter of 2024, international sales were US$51.1k, being the states with the most sales Baja California (US$51.1k).

Exchange by Territory

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International Sales

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Nuevo León: US$2.45M, State with the Most International Sales (2023)

United States: US$2.71M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were Nuevo León (US$2.45M) and Baja California (US$258k).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.71M) and Taiwan (Republic of China) (US$6).

International Purchases

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Ciudad de México: US$5.96M, State with the Most International Purchases (2023)

South Korea: US$3.54M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were Ciudad de México (US$5.96M), Estado de México (US$2.3M), Nuevo León (US$509k), Chihuahua (US$294k), and Baja California (US$262k).

The countries with the most international sales to Mexico in 2023 were South Korea (US$3.54M), United States (US$1.89M), Italy (US$1.88M), China (US$1.5M), and Taiwan (Republic of China) (US$274k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas). 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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  • 1.12%, Mexican share in global exports - 2022
  • 1.46%, Mexican share in global imports - 2022

The visualizations show the global market for Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas). 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 Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were South Korea (US$223M), China (US$217M), and Germany (US$124M). In the same year, the main importing countries for Circular Section Tubes, Exterior Diameter> 406,4 Mm, of Iron or Steel, Longitudinally Welded (Excl. Tubes Kind Used in Oil or Gas Pipelines of the Kind Used in Drilling for Oil or Gas) were United Arab Emirates (US$62.8M), Netherlands (US$61.4M), and Indonesia (US$56.7M).