ProceduresGovernment

Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel)

Código 730792 (Harmonized System 2012 by 6 digits)

 2023: US$264M, Total Trade Exchange

2023: US$137M, International Sales

  2023: US$126M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) was US$264M.

In 2023, the states with the most international sales in Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were Veracruz de Ignacio de la Llave (US$85.8M), Ciudad de México (US$42.1M), Nuevo León (US$5.61M), Estado de México (US$1.03M), and Tamaulipas (US$842k).

The states with the most international purchases in 2023 were Nuevo León (US$29.7M), Ciudad de México (US$20.6M), Tamaulipas (US$10.9M), Coahuila de Zaragoza (US$10.8M), and Estado de México (US$10.2M).

In 2023, the main commercial destinations of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were United States (US$117M), Canada (US$8.62M), Brazil (US$3.5M), Saudi Arabia (US$2.52M), and Qatar (US$1.09M).

The main commercial origins of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) in 2023 were United States (US$63.6M), China (US$33.5M), South Korea (US$4.02M), Argentina (US$3.82M), and Brazil (US$3.76M).

In the global context, the main exporting countries of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) in 2022 were China (US$511M), United States (US$209M), and Germany (US$142M). In the same year, the main importing countries of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were United States (US$580M), Canada (US$127M), and Mexico (US$102M).

Trade Balance of Mexico

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Net Trade Balance

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US$264M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) in Mexico (including international purchases and sales) was US$264M.

The visualizations show the net balance of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) 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$10.9M, International Purchases
  • US$13.2M, International Sales

In July 2024, international sales of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were US$13.2M, while international purchases reached US$10.9M. The above results in a trade balance of US$2.32M.

Market Concentration

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2024-Q3: US$13.2M, International Sales

The visualization shows the quarterly concentration of international sales of Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) at state level.

In the third quarter of 2024, international sales were US$13.2M, being the states with the most sales Veracruz de Ignacio de la Llave (US$8.79M), Ciudad de México (US$3.63M), and Nuevo León (US$466k).

Exchange by Territory

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International Sales

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Veracruz de Ignacio de la Llave: US$85.8M, State with the Most International Sales (2023)

United States: US$117M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were Veracruz de Ignacio de la Llave (US$85.8M), Ciudad de México (US$42.1M), Nuevo León (US$5.61M), Estado de México (US$1.03M), and Tamaulipas (US$842k).

In 2023, the countries with the most international purchases from Mexico were United States (US$117M), Canada (US$8.62M), Brazil (US$3.5M), Saudi Arabia (US$2.52M), and Qatar (US$1.09M).

International Purchases

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Nuevo León: US$29.7M, State with the Most International Purchases (2023)

United States: US$63.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were Nuevo León (US$29.7M), Ciudad de México (US$20.6M), Tamaulipas (US$10.9M), Coahuila de Zaragoza (US$10.8M), and Estado de México (US$10.2M).

The countries with the most international sales to Mexico in 2023 were United States (US$63.6M), China (US$33.5M), South Korea (US$4.02M), Argentina (US$3.82M), and Brazil (US$3.76M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel). 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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  • 5.1%, Mexican share in global exports - 2022
  • 5.62%, Mexican share in global imports - 2022

The visualizations show the global market for Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel). 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 Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were China (US$511M), United States (US$209M), and Germany (US$142M). In the same year, the main importing countries for Elbows, Bends and Sleeves Pipe, of Iron or Steel, Threaded (Excl. Molded or Stainless Steel) were United States (US$580M), Canada (US$127M), and Mexico (US$102M).