Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm
Código 721913 (Harmonized System 2012 by 6 digits)
2020: US$27.4k, International Sales
2023: US$234M, International Purchases
The states with the most international purchases in 2023 were Nuevo León (US$937k) and Baja California (US$126k).
The main commercial origins of Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm in 2023 were China (US$907k), United States (US$60.9k), Brazil (US$45.8k), Taiwan (Republic of China) (US$35.9k), and Indonesia (US$14.4k).
In the global context, the main exporting countries of Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm in 2022 were Indonesia (US$2.53B), China (US$1.16B), and Belgium (US$711M). In the same year, the main importing countries of Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm were Vietnam (US$1.03B), Taiwan (Republic of China) (US$928M), and Turkey (US$752M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm 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$21.3M, International Purchases
In May 2024, international sales of Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm were US$0, while international purchases reached US$21.3M. The above results in a trade balance of -US$21.3M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionNuevo León: US$937k, State with the Most International Purchases (2023)
China: US$907k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm were Nuevo León (US$937k) and Baja California (US$126k).
The countries with the most international sales to Mexico in 2023 were China (US$907k), United States (US$60.9k), Brazil (US$45.8k), Taiwan (Republic of China) (US$35.9k), and Indonesia (US$14.4k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm. 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- 0.00088%, Mexican share in global exports - 2022
- 1.67%, Mexican share in global imports - 2022
The visualizations show the global market for Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm. 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 Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm were Indonesia (US$2.53B), China (US$1.16B), and Belgium (US$711M). In the same year, the main importing countries for Flat Rolled Products of Stainless Steel, Width> = 600 Mm, Hot Rolled Coil of a Thickness Of> = 3 Mm but <4,75 Mm were Vietnam (US$1.03B), Taiwan (Republic of China) (US$928M), and Turkey (US$752M).