Hollow Drill Rods, of Alloy or Non-Alloy
Código 722880 (Harmonized System 2012 by 6 digits)
2023: US$9.61M, Total Trade Exchange
2023: US$419k, International Sales
2023: US$9.19M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Hollow Drill Rods, of Alloy or Non-Alloy was US$9.61M.
In 2021, the states with the most international sales in Hollow Drill Rods, of Alloy or Non-Alloy were Jalisco (US$336k).
The states with the most international purchases in 2023 were Ciudad de México (US$2.3M), Jalisco (US$2.15M), Sonora (US$1.87M), Chihuahua (US$302k), and Coahuila de Zaragoza (US$218k).
In 2021, the main commercial destinations of Hollow Drill Rods, of Alloy or Non-Alloy were Canada (US$168k), United States (US$89.9k), Peru (US$40.4k), Netherlands (US$14k), and Australia (US$12.1k).
The main commercial origins of Hollow Drill Rods, of Alloy or Non-Alloy in 2023 were Sweden (US$2.28M), Canada (US$2.06M), China (US$1.85M), United States (US$339k), and Austria (US$286k).
In the global context, the main exporting countries of Hollow Drill Rods, of Alloy or Non-Alloy in 2022 were Sweden (US$35.1M), China (US$31.3M), and Canada (US$20M). In the same year, the main importing countries of Hollow Drill Rods, of Alloy or Non-Alloy were Canada (US$17.9M), Peru (US$17.3M), and South Korea (US$13.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.61M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Hollow Drill Rods, of Alloy or Non-Alloy in Mexico (including international purchases and sales) was US$9.61M.
The visualizations show the net balance of Hollow Drill Rods, of Alloy or Non-Alloy 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$872k, International Purchases
- US$22.6k, International Sales
In July 2024, international sales of Hollow Drill Rods, of Alloy or Non-Alloy were US$22.6k, while international purchases reached US$872k. The above results in a trade balance of -US$850k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$336k, State with the Most International Sales (2021)
Canada: US$168k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Hollow Drill Rods, of Alloy or Non-Alloy were Jalisco (US$336k).
In 2021, the countries with the most international purchases from Mexico were Canada (US$168k), United States (US$89.9k), Peru (US$40.4k), Netherlands (US$14k), and Australia (US$12.1k).
International Purchases
#permalink to sectionCiudad de México: US$2.3M, State with the Most International Purchases (2023)
Sweden: US$2.28M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hollow Drill Rods, of Alloy or Non-Alloy were Ciudad de México (US$2.3M), Jalisco (US$2.15M), Sonora (US$1.87M), Chihuahua (US$302k), and Coahuila de Zaragoza (US$218k).
The countries with the most international sales to Mexico in 2023 were Sweden (US$2.28M), Canada (US$2.06M), China (US$1.85M), United States (US$339k), and Austria (US$286k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hollow Drill Rods, of Alloy or Non-Alloy and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hollow Drill Rods, of Alloy or Non-Alloy. 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- 0.13%, Mexican share in global exports - 2022
- 4.62%, Mexican share in global imports - 2022
The visualizations show the global market for Hollow Drill Rods, of Alloy or Non-Alloy. 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 Hollow Drill Rods, of Alloy or Non-Alloy were Sweden (US$35.1M), China (US$31.3M), and Canada (US$20M). In the same year, the main importing countries for Hollow Drill Rods, of Alloy or Non-Alloy were Canada (US$17.9M), Peru (US$17.3M), and South Korea (US$13.6M).