Flanges and Sole Plates of Iron or Steel, Roads
Código 730240 (Harmonized System 2012 by 6 digits)
2022: US$84.1k, International Sales
2023: US$4.32M, International Purchases
In 2019, the states with the most international sales in Flanges and Sole Plates of Iron or Steel, Roads were Nuevo León (US$117k).
The states with the most international purchases in 2023 were Nuevo León (US$2.32M), Ciudad de México (US$1.62M), Estado de México (US$182k), Jalisco (US$19.4k), and Baja California (US$296).
In 2019, the main commercial destinations of Flanges and Sole Plates of Iron or Steel, Roads were United States (US$95.8k) and Chile (US$21.7k).
The main commercial origins of Flanges and Sole Plates of Iron or Steel, Roads in 2023 were United States (US$3.32M), Spain (US$577k), China (US$223k), Italy (US$19.4k), and Germany (US$4.41k).
In the global context, the main exporting countries of Flanges and Sole Plates of Iron or Steel, Roads in 2022 were China (US$53.5M), United States (US$52.7M), and Germany (US$20.6M). In the same year, the main importing countries of Flanges and Sole Plates of Iron or Steel, Roads were Canada (US$45.5M), Germany (US$21M), and United Kingdom (US$16.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Flanges and Sole Plates of Iron or Steel, Roads 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 sectionMay, 2024: US$331k, International Purchases
In May 2024, international sales of Flanges and Sole Plates of Iron or Steel, Roads were US$0, while international purchases reached US$331k. The above results in a trade balance of -US$331k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$117k, State with the Most International Sales (2019)
United States: US$95.8k, Main commercial destination (2019)
In 2019, the states with the highest international sales in Flanges and Sole Plates of Iron or Steel, Roads were Nuevo León (US$117k).
In 2019, the countries with the most international purchases from Mexico were United States (US$95.8k) and Chile (US$21.7k).
International Purchases
#permalink to sectionNuevo León: US$2.32M, State with the Most International Purchases (2023)
United States: US$3.32M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flanges and Sole Plates of Iron or Steel, Roads were Nuevo León (US$2.32M), Ciudad de México (US$1.62M), Estado de México (US$182k), Jalisco (US$19.4k), and Baja California (US$296).
The countries with the most international sales to Mexico in 2023 were United States (US$3.32M), Spain (US$577k), China (US$223k), Italy (US$19.4k), and Germany (US$4.41k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flanges and Sole Plates of Iron or Steel, Roads and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Flanges and Sole Plates of Iron or Steel, Roads. 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- 0.035%, Mexican share in global exports - 2022
- 3.17%, Mexican share in global imports - 2022
The visualizations show the global market for Flanges and Sole Plates of Iron or Steel, Roads. 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 Flanges and Sole Plates of Iron or Steel, Roads were China (US$53.5M), United States (US$52.7M), and Germany (US$20.6M). In the same year, the main importing countries for Flanges and Sole Plates of Iron or Steel, Roads were Canada (US$45.5M), Germany (US$21M), and United Kingdom (US$16.4M).