Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C
Código 731819 (Harmonized System 2012 by 6 digits)
2023: US$129M, Total Trade Exchange
2023: US$9.73M, International Sales
2023: US$119M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C was US$129M.
In 2023, the states with the most international sales in Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were Chihuahua (US$2.08M), Tamaulipas (US$1.83M), Sonora (US$1.57M), Coahuila de Zaragoza (US$1.19M), and Nuevo León (US$1.08M).
The states with the most international purchases in 2023 were Chihuahua (US$29.8M), Nuevo León (US$12M), Puebla (US$10M), Baja California (US$8.89M), and Estado de México (US$8.42M).
In 2023, the main commercial destinations of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were United States (US$7.31M), Canada (US$482k), Poland (US$477k), China (US$217k), and El Salvador (US$182k).
The main commercial origins of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C in 2023 were China (US$49.7M), United States (US$35.3M), Germany (US$8.94M), Taiwan (Republic of China) (US$8.68M), and Japan (US$3.92M).
In the global context, the main exporting countries of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C in 2022 were China (US$1.04B), Germany (US$563M), and United States (US$294M). In the same year, the main importing countries of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were Germany (US$323M), United States (US$224M), and France (US$191M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$129M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C in Mexico (including international purchases and sales) was US$129M.
The visualizations show the net balance of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C 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
#permalink to sectionJuly, 2024
- US$6.63M, International Purchases
- US$1.05M, International Sales
In July 2024, international sales of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were US$1.05M, while international purchases reached US$6.63M. The above results in a trade balance of -US$5.58M.
Market Concentration
#permalink to section2024-Q3: US$1.05M, International Sales
The visualization shows the quarterly concentration of international sales of Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C at state level.
In the third quarter of 2024, international sales were US$1.05M, being the states with the most sales Coahuila de Zaragoza (US$315k), Chihuahua (US$274k), and Sonora (US$145k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$2.08M, State with the Most International Sales (2023)
United States: US$7.31M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were Chihuahua (US$2.08M), Tamaulipas (US$1.83M), Sonora (US$1.57M), Coahuila de Zaragoza (US$1.19M), and Nuevo León (US$1.08M).
In 2023, the countries with the most international purchases from Mexico were United States (US$7.31M), Canada (US$482k), Poland (US$477k), China (US$217k), and El Salvador (US$182k).
International Purchases
#permalink to sectionChihuahua: US$29.8M, State with the Most International Purchases (2023)
China: US$49.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were Chihuahua (US$29.8M), Nuevo León (US$12M), Puebla (US$10M), Baja California (US$8.89M), and Estado de México (US$8.42M).
The countries with the most international sales to Mexico in 2023 were China (US$49.7M), United States (US$35.3M), Germany (US$8.94M), Taiwan (Republic of China) (US$8.68M), and Japan (US$3.92M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.2%, Mexican share in global exports - 2022
- 3.29%, Mexican share in global imports - 2022
The visualizations show the global market for Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C. 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 Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were China (US$1.04B), Germany (US$563M), and United States (US$294M). In the same year, the main importing countries for Fixing Elements and Devices, Threaded, of Iron or Steel, N.E.C were Germany (US$323M), United States (US$224M), and France (US$191M).