Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs)
Código 732020 (Harmonized System 2012 by 6 digits)
2023: US$693M, Total Trade Exchange
2023: US$207M, International Sales
2023: US$486M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) was US$693M.
In 2023, the states with the most international sales in Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were Coahuila de Zaragoza (US$89.7M), Guanajuato (US$33.5M), San Luis Potosí (US$24.3M), Ciudad de México (US$20.6M), and Querétaro (US$14.1M).
The states with the most international purchases in 2023 were Chihuahua (US$61M), Baja California (US$51.5M), Coahuila de Zaragoza (US$48.5M), Nuevo León (US$46.3M), and Ciudad de México (US$45M).
In 2023, the main commercial destinations of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were United States (US$185M), Canada (US$10.4M), China (US$1.85M), Argentina (US$1.65M), and Brazil (US$1.46M).
The main commercial origins of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) in 2023 were United States (US$310M), China (US$56.5M), Germany (US$23.7M), Japan (US$23.3M), and Canada (US$20.6M).
In the global context, the main exporting countries of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) in 2022 were Germany (US$836M), United States (US$536M), and China (US$424M). In the same year, the main importing countries of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were United States (US$570M), Mexico (US$433M), and Germany (US$317M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$693M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) in Mexico (including international purchases and sales) was US$693M.
The visualizations show the net balance of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) 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$44.6M, International Purchases
- US$17.5M, International Sales
In July 2024, international sales of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were US$17.5M, while international purchases reached US$44.6M. The above results in a trade balance of -US$27.2M.
Market Concentration
#permalink to section2024-Q3: US$17.4M, International Sales
The visualization shows the quarterly concentration of international sales of Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) at state level.
In the third quarter of 2024, international sales were US$17.4M, being the states with the most sales Coahuila de Zaragoza (US$7.96M), Guanajuato (US$2.51M), and Ciudad de México (US$2.07M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$89.7M, State with the Most International Sales (2023)
United States: US$185M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were Coahuila de Zaragoza (US$89.7M), Guanajuato (US$33.5M), San Luis Potosí (US$24.3M), Ciudad de México (US$20.6M), and Querétaro (US$14.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$185M), Canada (US$10.4M), China (US$1.85M), Argentina (US$1.65M), and Brazil (US$1.46M).
International Purchases
#permalink to sectionChihuahua: US$61M, State with the Most International Purchases (2023)
United States: US$310M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were Chihuahua (US$61M), Baja California (US$51.5M), Coahuila de Zaragoza (US$48.5M), Nuevo León (US$46.3M), and Ciudad de México (US$45M).
The countries with the most international sales to Mexico in 2023 were United States (US$310M), China (US$56.5M), Germany (US$23.7M), Japan (US$23.3M), and Canada (US$20.6M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs). 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- 7.03%, Mexican share in global exports - 2022
- 11.4%, Mexican share in global imports - 2022
The visualizations show the global market for Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs). 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 Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were Germany (US$836M), United States (US$536M), and China (US$424M). In the same year, the main importing countries for Helicoidal Springs, Iron or Steel (Exc. Flat Spiral Springs, Watchmaking Springs) were United States (US$570M), Mexico (US$433M), and Germany (US$317M).