Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold
Código 722620 (Harmonized System 2012 by 6 digits)
2020: US$242k, International Sales
2023: US$3.78M, International Purchases
The states with the most international purchases in 2023 were Estado de México (US$1.97M) and Querétaro (US$480k).
The main commercial origins of Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold in 2023 were Brazil (US$1.52M), China (US$369k), United States (US$269k), Austria (US$131k), and Sweden (US$98.9k).
In the global context, the main exporting countries of Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold in 2022 were Sweden (US$21.9M), China (US$14M), and Germany (US$13.5M). In the same year, the main importing countries of Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold were Italy (US$10.3M), China (US$9.71M), and Germany (US$8.02M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold 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$234k, International Purchases
In July 2024, international sales of Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold were US$0, while international purchases reached US$234k. The above results in a trade balance of -US$234k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionEstado de México: US$1.97M, State with the Most International Purchases (2023)
Brazil: US$1.52M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold were Estado de México (US$1.97M) and Querétaro (US$480k).
The countries with the most international sales to Mexico in 2023 were Brazil (US$1.52M), China (US$369k), United States (US$269k), Austria (US$131k), and Sweden (US$98.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold. 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%, Mexican share in global exports - 2022
- 1.12%, Mexican share in global imports - 2022
The visualizations show the global market for Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold. 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 Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold were Sweden (US$21.9M), China (US$14M), and Germany (US$13.5M). In the same year, the main importing countries for Flat Steel High Speed Steel, Width <600Mm, Rolled Hot or Cold were Italy (US$10.3M), China (US$9.71M), and Germany (US$8.02M).