ProceduresGovernment

Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel

Código 730230 (Harmonized System 2012 by 6 digits)

 2023: US$35.2M, Total Trade Exchange

2023: US$1.08M, International Sales

  2023: US$34.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel was US$35.2M.

In 2023, the states with the most international sales in Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were Nuevo León (US$488k).

The states with the most international purchases in 2023 were Ciudad de México (US$24.7M) and Nuevo León (US$1.77M).

In 2023, the main commercial destinations of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were United States (US$488k).

The main commercial origins of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel in 2023 were China (US$23.9M), United States (US$1.27M), Germany (US$1.17M), France (US$159k), and Taiwan (Republic of China) (US$6.21k).

In the global context, the main exporting countries of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel in 2022 were China (US$77.4M), France (US$66M), and Austria (US$64.2M). In the same year, the main importing countries of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were United States (US$38.5M), Switzerland (US$37.7M), and Germany (US$34.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$35.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel in Mexico (including international purchases and sales) was US$35.2M.

The visualizations show the net balance of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or 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

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July, 2024

  • US$330k, International Purchases
  • US$365k, International Sales

In July 2024, international sales of Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were US$365k, while international purchases reached US$330k. The above results in a trade balance of US$35.5k.

Exchange by Territory

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International Sales

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Nuevo León: US$488k, State with the Most International Sales (2023)

United States: US$488k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were Nuevo León (US$488k).

In 2023, the countries with the most international purchases from Mexico were United States (US$488k).

International Purchases

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Ciudad de México: US$24.7M, State with the Most International Purchases (2023)

China: US$23.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were Ciudad de México (US$24.7M) and Nuevo León (US$1.77M).

The countries with the most international sales to Mexico in 2023 were China (US$23.9M), United States (US$1.27M), Germany (US$1.17M), France (US$159k), and Taiwan (Republic of China) (US$6.21k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or 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.

Origins and Trade Destinations

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  • 0.14%, Mexican share in global exports - 2022
  • 0.47%, Mexican share in global imports - 2022

The visualizations show the global market for Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or 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 Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were China (US$77.4M), France (US$66M), and Austria (US$64.2M). In the same year, the main importing countries for Needles, Blades, Rods for Controlling Needles and other Crossing Pieces and Change Routes, of Iron or Steel were United States (US$38.5M), Switzerland (US$37.7M), and Germany (US$34.1M).