Ingot Molds and Ladles Used in Metallurgy or Metal Foundries
Código 845420 (Harmonized System 2012 by 6 digits)
2023: US$13.2M, Total Trade Exchange
2023: US$276k, International Sales
2023: US$12.9M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries was US$13.2M.
In 2023, the states with the most international sales in Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were Nuevo León (US$180k).
The states with the most international purchases in 2023 were Nuevo León (US$8.31M), Coahuila de Zaragoza (US$443k), Jalisco (US$239k), Chihuahua (US$222k), and Querétaro (US$180k).
In 2023, the main commercial destinations of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were United States (US$141k) and Canada (US$38.9k).
The main commercial origins of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries in 2023 were United States (US$4.76M), Italy (US$3.39M), Germany (US$635k), Spain (US$482k), and China (US$406k).
In the global context, the main exporting countries of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries in 2022 were China (US$95.7M), Japan (US$19.4M), and Germany (US$19M). In the same year, the main importing countries of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were Indonesia (US$19.6M), United States (US$14.9M), and Italy (US$14.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$13.2M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries in Mexico (including international purchases and sales) was US$13.2M.
The visualizations show the net balance of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries 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 sectionNovember, 2024: US$2.25M, International Purchases
In November 2024, international sales of Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were US$0, while international purchases reached US$2.25M. The above results in a trade balance of -US$2.25M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$180k, State with the Most International Sales (2023)
United States: US$141k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were Nuevo León (US$180k).
In 2023, the countries with the most international purchases from Mexico were United States (US$141k) and Canada (US$38.9k).
International Purchases
#permalink to sectionNuevo León: US$8.31M, State with the Most International Purchases (2023)
United States: US$4.76M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were Nuevo León (US$8.31M), Coahuila de Zaragoza (US$443k), Jalisco (US$239k), Chihuahua (US$222k), and Querétaro (US$180k).
The countries with the most international sales to Mexico in 2023 were United States (US$4.76M), Italy (US$3.39M), Germany (US$635k), Spain (US$482k), and China (US$406k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Ingot Molds and Ladles Used in Metallurgy or Metal Foundries and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Ingot Molds and Ladles Used in Metallurgy or Metal Foundries. 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- 0.11%, Mexican share in global exports - 2022
- 2.08%, Mexican share in global imports - 2022
The visualizations show the global market for Ingot Molds and Ladles Used in Metallurgy or Metal Foundries. 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 Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were China (US$95.7M), Japan (US$19.4M), and Germany (US$19M). In the same year, the main importing countries for Ingot Molds and Ladles Used in Metallurgy or Metal Foundries were Indonesia (US$19.6M), United States (US$14.9M), and Italy (US$14.8M).