ProceduresGovernment

Flexible Tubes of Iron or Steel, Incl. with Accessories

Código 830710 (Harmonized System 2012 by 6 digits)

 2023: US$66.5M, Total Trade Exchange

2023: US$22.4M, International Sales

  2023: US$44.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Flexible Tubes of Iron or Steel, Incl. with Accessories was US$66.5M.

In 2023, the states with the most international sales in Flexible Tubes of Iron or Steel, Incl. with Accessories were Baja California (US$12.3M), Tamaulipas (US$2.82M), Guanajuato (US$1.2M), Coahuila de Zaragoza (US$1M), and Estado de México (US$983k).

The states with the most international purchases in 2023 were Nuevo León (US$7.46M), Ciudad de México (US$5.48M), Coahuila de Zaragoza (US$4.85M), Chihuahua (US$4.23M), and Estado de México (US$3.98M).

In 2023, the main commercial destinations of Flexible Tubes of Iron or Steel, Incl. with Accessories were United States (US$18.5M), Brazil (US$566k), Dominican Republic (US$548k), India (US$327k), and Chile (US$214k).

The main commercial origins of Flexible Tubes of Iron or Steel, Incl. with Accessories in 2023 were United States (US$24.3M), China (US$9.64M), Germany (US$2.23M), India (US$1.84M), and Italy (US$993k).

In the global context, the main exporting countries of Flexible Tubes of Iron or Steel, Incl. with Accessories in 2022 were China (US$426M), Germany (US$282M), and United States (US$262M). In the same year, the main importing countries of Flexible Tubes of Iron or Steel, Incl. with Accessories were United States (US$264M), Germany (US$156M), and India (US$97.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$66.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flexible Tubes of Iron or Steel, Incl. with Accessories in Mexico (including international purchases and sales) was US$66.5M.

The visualizations show the net balance of Flexible Tubes of Iron or Steel, Incl. with Accessories 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$4.06M, International Purchases
  • US$2.31M, International Sales

In July 2024, international sales of Flexible Tubes of Iron or Steel, Incl. with Accessories were US$2.31M, while international purchases reached US$4.06M. The above results in a trade balance of -US$1.75M.

Market Concentration

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2024-Q3: US$2.12M, International Sales

The visualization shows the quarterly concentration of international sales of Flexible Tubes of Iron or Steel, Incl. with Accessories at state level.

In the third quarter of 2024, international sales were US$2.12M, being the states with the most sales Baja California (US$721k), Tamaulipas (US$578k), and Nuevo León (US$382k).

Exchange by Territory

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International Sales

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Baja California: US$12.3M, State with the Most International Sales (2023)

United States: US$18.5M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Flexible Tubes of Iron or Steel, Incl. with Accessories were Baja California (US$12.3M), Tamaulipas (US$2.82M), Guanajuato (US$1.2M), Coahuila de Zaragoza (US$1M), and Estado de México (US$983k).

In 2023, the countries with the most international purchases from Mexico were United States (US$18.5M), Brazil (US$566k), Dominican Republic (US$548k), India (US$327k), and Chile (US$214k).

International Purchases

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Nuevo León: US$7.46M, State with the Most International Purchases (2023)

United States: US$24.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Flexible Tubes of Iron or Steel, Incl. with Accessories were Nuevo León (US$7.46M), Ciudad de México (US$5.48M), Coahuila de Zaragoza (US$4.85M), Chihuahua (US$4.23M), and Estado de México (US$3.98M).

The countries with the most international sales to Mexico in 2023 were United States (US$24.3M), China (US$9.64M), Germany (US$2.23M), India (US$1.84M), and Italy (US$993k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Flexible Tubes of Iron or Steel, Incl. with Accessories  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Flexible Tubes of Iron or Steel, Incl. with Accessories. 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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  • 1.27%, Mexican share in global exports - 2022
  • 1.84%, Mexican share in global imports - 2022

The visualizations show the global market for Flexible Tubes of Iron or Steel, Incl. with Accessories. 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 Flexible Tubes of Iron or Steel, Incl. with Accessories were China (US$426M), Germany (US$282M), and United States (US$262M). In the same year, the main importing countries for Flexible Tubes of Iron or Steel, Incl. with Accessories were United States (US$264M), Germany (US$156M), and India (US$97.6M).