ProceduresGovernment

Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount)

Código 830249 (Harmonized System 2012 by 6 digits)

 2023: US$250M, Total Trade Exchange

2023: US$59.1M, International Sales

  2023: US$191M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) was US$250M.

In 2023, the states with the most international sales in Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were Chihuahua (US$24.4M), Nuevo León (US$9.04M), Jalisco (US$8.59M), Baja California (US$5.14M), and Sonora (US$4.11M).

The states with the most international purchases in 2023 were Nuevo León (US$44.7M), Baja California (US$42.3M), Ciudad de México (US$36.9M), Chihuahua (US$25.4M), and Jalisco (US$11.2M).

In 2023, the main commercial destinations of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were United States (US$51.7M), Poland (US$2.59M), Canada (US$791k), China (US$664k), and Brazil (US$520k).

The main commercial origins of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) in 2023 were China (US$84.5M), United States (US$78.5M), South Korea (US$5.34M), Turkey (US$4.29M), and Spain (US$3.79M).

In the global context, the main exporting countries of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) in 2022 were China (US$1.45B), United States (US$720M), and Germany (US$362M). In the same year, the main importing countries of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were United States (US$773M), Canada (US$273M), and Germany (US$243M).

Trade Balance of Mexico

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Net Trade Balance

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US$250M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) in Mexico (including international purchases and sales) was US$250M.

The visualizations show the net balance of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) 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$14.7M, International Purchases
  • US$7.27M, International Sales

In July 2024, international sales of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were US$7.27M, while international purchases reached US$14.7M. The above results in a trade balance of -US$7.42M.

Market Concentration

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2024-Q3: US$7.26M, International Sales

The visualization shows the quarterly concentration of international sales of Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) at state level.

In the third quarter of 2024, international sales were US$7.26M, being the states with the most sales Chihuahua (US$2.88M), San Luis Potosí (US$1.23M), and Nuevo León (US$750k).

Exchange by Territory

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International Sales

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Chihuahua: US$24.4M, State with the Most International Sales (2023)

United States: US$51.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were Chihuahua (US$24.4M), Nuevo León (US$9.04M), Jalisco (US$8.59M), Baja California (US$5.14M), and Sonora (US$4.11M).

In 2023, the countries with the most international purchases from Mexico were United States (US$51.7M), Poland (US$2.59M), Canada (US$791k), China (US$664k), and Brazil (US$520k).

International Purchases

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Nuevo León: US$44.7M, State with the Most International Purchases (2023)

China: US$84.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were Nuevo León (US$44.7M), Baja California (US$42.3M), Ciudad de México (US$36.9M), Chihuahua (US$25.4M), and Jalisco (US$11.2M).

The countries with the most international sales to Mexico in 2023 were China (US$84.5M), United States (US$78.5M), South Korea (US$5.34M), Turkey (US$4.29M), and Spain (US$3.79M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount). 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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  • 1.82%, Mexican share in global exports - 2022
  • 4.24%, Mexican share in global imports - 2022

The visualizations show the global market for Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount). 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 Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were China (US$1.45B), United States (US$720M), and Germany (US$362M). In the same year, the main importing countries for Fittings and Similar Articles., of Base Metal (Excl. for Motor Vehicles, for Buildings and Locks, Bolts with Lock, Clasps, Frames with Lock, Hinges and Wheels Mount) were United States (US$773M), Canada (US$273M), and Germany (US$243M).