ProceduresGovernment

Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17)

Código 732090 (Harmonized System 2012 by 6 digits)

 2023: US$106M, Total Trade Exchange

2023: US$11.7M, International Sales

  2023: US$94.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) was US$106M.

In 2023, the states with the most international sales in Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were Puebla (US$3.41M), Tamaulipas (US$3.23M), Coahuila de Zaragoza (US$1.51M), Querétaro (US$875k), and Estado de México (US$566k).

The states with the most international purchases in 2023 were Baja California (US$20.1M), Nuevo León (US$14.4M), Chihuahua (US$10.1M), Ciudad de México (US$9.38M), and Querétaro (US$8.4M).

In 2023, the main commercial destinations of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were United States (US$11.1M), China (US$162k), Germany (US$77k), Poland (US$58.8k), and Chile (US$57.5k).

The main commercial origins of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) in 2023 were United States (US$52.6M), China (US$10.8M), Germany (US$8.14M), Japan (US$4.48M), and France (US$4.26M).

In the global context, the main exporting countries of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) in 2022 were Germany (US$464M), China (US$240M), and United States (US$223M). In the same year, the main importing countries of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were United States (US$185M), Germany (US$167M), and China (US$127M).

Trade Balance of Mexico

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Net Trade Balance

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US$106M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) in Mexico (including international purchases and sales) was US$106M.

The visualizations show the net balance of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) 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$8.42M, International Purchases
  • US$1.06M, International Sales

In July 2024, international sales of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were US$1.06M, while international purchases reached US$8.42M. The above results in a trade balance of -US$7.37M.

Market Concentration

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2024-Q3: US$1.04M, International Sales

The visualization shows the quarterly concentration of international sales of Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) at state level.

In the third quarter of 2024, international sales were US$1.04M, being the states with the most sales Nuevo León (US$342k), Puebla (US$329k), and Querétaro (US$183k).

Exchange by Territory

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International Sales

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Puebla: US$3.41M, State with the Most International Sales (2023)

United States: US$11.1M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were Puebla (US$3.41M), Tamaulipas (US$3.23M), Coahuila de Zaragoza (US$1.51M), Querétaro (US$875k), and Estado de México (US$566k).

In 2023, the countries with the most international purchases from Mexico were United States (US$11.1M), China (US$162k), Germany (US$77k), Poland (US$58.8k), and Chile (US$57.5k).

International Purchases

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Baja California: US$20.1M, State with the Most International Purchases (2023)

United States: US$52.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were Baja California (US$20.1M), Nuevo León (US$14.4M), Chihuahua (US$10.1M), Ciudad de México (US$9.38M), and Querétaro (US$8.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$52.6M), China (US$10.8M), Germany (US$8.14M), Japan (US$4.48M), and France (US$4.26M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17). 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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  • 1.68%, Mexican share in global exports - 2022
  • 5.51%, Mexican share in global imports - 2022

The visualizations show the global market for Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17). 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 Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were Germany (US$464M), China (US$240M), and United States (US$223M). In the same year, the main importing countries for Docks "Springs" and Leaves, of Iron or Steel, Incl. the Coil Springs Plans (Exc. Helical Springs, Springs and Leaves, Clock and Watch Springs, Washers Open and other Washers Spring "Spring", Bumpers and Torsion Bars Section 17) were United States (US$185M), Germany (US$167M), and China (US$127M).