Intermediate Products of Alloy Steel, other than Stainless Steel
Código 722490 (Harmonized System 2012 by 6 digits)
2023: US$1.07B, Total Trade Exchange
2023: US$563M, International Sales
2023: US$509M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Intermediate Products of Alloy Steel, other than Stainless Steel was US$1.07B.
In 2023, the states with the most international sales in Intermediate Products of Alloy Steel, other than Stainless Steel were Veracruz de Ignacio de la Llave (US$29.8M) and Nuevo León (US$2.3M).
The states with the most international purchases in 2023 were Nuevo León (US$398M), Veracruz de Ignacio de la Llave (US$84.8M), Ciudad de México (US$6.1M), and Estado de México (US$1.89M).
In 2023, the main commercial destinations of Intermediate Products of Alloy Steel, other than Stainless Steel were Canada (US$17.5M), United States (US$14.6M), and United Kingdom (US$11k).
The main commercial origins of Intermediate Products of Alloy Steel, other than Stainless Steel in 2023 were Brazil (US$315M), Argentina (US$84.8M), Russia (US$65.1M), United States (US$14.6M), and Vietnam (US$5.19M).
In the global context, the main exporting countries of Intermediate Products of Alloy Steel, other than Stainless Steel in 2022 were Mexico (US$663M), Brazil (US$644M), and Romania (US$351M). In the same year, the main importing countries of Intermediate Products of Alloy Steel, other than Stainless Steel were United States (US$1.89B), Germany (US$254M), and Italy (US$247M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.07B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Intermediate Products of Alloy Steel, other than Stainless Steel in Mexico (including international purchases and sales) was US$1.07B.
The visualizations show the net balance of Intermediate Products of Alloy Steel, other than Stainless Steel 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$33.3M, International Purchases
- US$1.26M, International Sales
In July 2024, international sales of Intermediate Products of Alloy Steel, other than Stainless Steel were US$1.26M, while international purchases reached US$33.3M. The above results in a trade balance of -US$32.1M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$29.8M, State with the Most International Sales (2023)
Canada: US$17.5M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Intermediate Products of Alloy Steel, other than Stainless Steel were Veracruz de Ignacio de la Llave (US$29.8M) and Nuevo León (US$2.3M).
In 2023, the countries with the most international purchases from Mexico were Canada (US$17.5M), United States (US$14.6M), and United Kingdom (US$11k).
International Purchases
#permalink to sectionNuevo León: US$398M, State with the Most International Purchases (2023)
Brazil: US$315M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Intermediate Products of Alloy Steel, other than Stainless Steel were Nuevo León (US$398M), Veracruz de Ignacio de la Llave (US$84.8M), Ciudad de México (US$6.1M), and Estado de México (US$1.89M).
The countries with the most international sales to Mexico in 2023 were Brazil (US$315M), Argentina (US$84.8M), Russia (US$65.1M), United States (US$14.6M), and Vietnam (US$5.19M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Intermediate Products of Alloy Steel, other than Stainless Steel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Intermediate Products of Alloy Steel, other than Stainless Steel. 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- 16.8%, Mexican share in global exports - 2022
- 0.9%, Mexican share in global imports - 2022
The visualizations show the global market for Intermediate Products of Alloy Steel, other than Stainless Steel. 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 Intermediate Products of Alloy Steel, other than Stainless Steel were Mexico (US$663M), Brazil (US$644M), and Romania (US$351M). In the same year, the main importing countries for Intermediate Products of Alloy Steel, other than Stainless Steel were United States (US$1.89B), Germany (US$254M), and Italy (US$247M).