ProceduresGovernment

L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm

Código 721621 (Harmonized System 2012 by 6 digits)

 2023: US$124M, Total Trade Exchange

2023: US$66.3M, International Sales

  2023: US$57.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm was US$124M.

In 2023, the states with the most international sales in L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Nuevo León (US$40.9M), Tamaulipas (US$14.9M), Ciudad de México (US$181k), Estado de México (US$77.6k), and Baja California (US$66.4k).

The states with the most international purchases in 2023 were Nuevo León (US$28.3M), Baja California (US$7.5M), Chihuahua (US$5.39M), Ciudad de México (US$4.64M), and Coahuila de Zaragoza (US$3.39M).

In 2023, the main commercial destinations of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were United States (US$54.4M), Guatemala (US$1.26M), Puerto Rico (US$230k), El Salvador (US$138k), and Nicaragua (US$14.7k).

The main commercial origins of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in 2023 were United States (US$37M), Turkey (US$11.7M), Canada (US$2.27M), Spain (US$1.33M), and Indonesia (US$1.04M).

In the global context, the main exporting countries of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in 2022 were Turkey (US$333M), China (US$170M), and Mexico (US$74.4M). In the same year, the main importing countries of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were United States (US$147M), Germany (US$63.6M), and Malaysia (US$52.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$124M, Total Trade Exchange (2023)

In 2023, the total trade exchange of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in Mexico (including international purchases and sales) was US$124M.

The visualizations show the net balance of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm 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$6.01M, International Purchases
  • US$4.79M, International Sales

In July 2024, international sales of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were US$4.79M, while international purchases reached US$6.01M. The above results in a trade balance of -US$1.22M.

Market Concentration

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2024-Q3: US$2.91M, International Sales

The visualization shows the quarterly concentration of international sales of L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm at state level.

In the third quarter of 2024, international sales were US$2.91M, being the states with the most sales Nuevo León (US$2.88M), Ciudad de México (US$24.4k), and Baja California (US$2.81k).

Exchange by Territory

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International Sales

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Nuevo León: US$40.9M, State with the Most International Sales (2023)

United States: US$54.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Nuevo León (US$40.9M), Tamaulipas (US$14.9M), Ciudad de México (US$181k), Estado de México (US$77.6k), and Baja California (US$66.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$54.4M), Guatemala (US$1.26M), Puerto Rico (US$230k), El Salvador (US$138k), and Nicaragua (US$14.7k).

International Purchases

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Nuevo León: US$28.3M, State with the Most International Purchases (2023)

United States: US$37M, Main Commercial Origin (2023)

In 2023, the states with the highest international in L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Nuevo León (US$28.3M), Baja California (US$7.5M), Chihuahua (US$5.39M), Ciudad de México (US$4.64M), and Coahuila de Zaragoza (US$3.39M).

The countries with the most international sales to Mexico in 2023 were United States (US$37M), Turkey (US$11.7M), Canada (US$2.27M), Spain (US$1.33M), and Indonesia (US$1.04M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm. 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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  • 6.14%, Mexican share in global exports - 2022
  • 3.59%, Mexican share in global imports - 2022

The visualizations show the global market for L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm. 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 L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Turkey (US$333M), China (US$170M), and Mexico (US$74.4M). In the same year, the main importing countries for L Profiles, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were United States (US$147M), Germany (US$63.6M), and Malaysia (US$52.7M).