ProceduresGovernment

Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel

Código 732310 (Harmonized System 2012 by 6 digits)

 2023: US$13.1M, Total Trade Exchange

2023: US$7.8M, International Sales

  2023: US$5.26M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel was US$13.1M.

In 2023, the states with the most international sales in Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were Nuevo León (US$7.44M), Estado de México (US$144k), Jalisco (US$92.1k), Baja California (US$59.2k), and Ciudad de México (US$18.7k).

The states with the most international purchases in 2023 were Guanajuato (US$1.37M), Ciudad de México (US$1.13M), Estado de México (US$613k), Baja California (US$584k), and Jalisco (US$512k).

In 2023, the main commercial destinations of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were United States (US$7.61M), Jamaica (US$68.6k), Canada (US$26.4k), Panama (US$15.5k), and Guatemala (US$13.5k).

The main commercial origins of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel in 2023 were China (US$2.08M), South Korea (US$1.09M), United States (US$778k), Egypt (US$301k), and Japan (US$257k).

In the global context, the main exporting countries of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel in 2022 were China (US$201M), India (US$12.5M), and Germany (US$9.88M). In the same year, the main importing countries of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were United States (US$37.4M), Saudi Arabia (US$13.4M), and United Kingdom (US$11M).

Trade Balance of Mexico

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Net Trade Balance

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US$13.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel in Mexico (including international purchases and sales) was US$13.1M.

The visualizations show the net balance of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, 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$730k, International Purchases
  • US$553k, International Sales

In July 2024, international sales of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were US$553k, while international purchases reached US$730k. The above results in a trade balance of -US$177k.

Market Concentration

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2024-Q3: US$525k, International Sales

The visualization shows the quarterly concentration of international sales of Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel at state level.

In the third quarter of 2024, international sales were US$525k, being the states with the most sales Nuevo León (US$516k) and Baja California (US$9.15k).

Exchange by Territory

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International Sales

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Nuevo León: US$7.44M, State with the Most International Sales (2023)

United States: US$7.61M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were Nuevo León (US$7.44M), Estado de México (US$144k), Jalisco (US$92.1k), Baja California (US$59.2k), and Ciudad de México (US$18.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$7.61M), Jamaica (US$68.6k), Canada (US$26.4k), Panama (US$15.5k), and Guatemala (US$13.5k).

International Purchases

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Guanajuato: US$1.37M, State with the Most International Purchases (2023)

China: US$2.08M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were Guanajuato (US$1.37M), Ciudad de México (US$1.13M), Estado de México (US$613k), Baja California (US$584k), and Jalisco (US$512k).

The countries with the most international sales to Mexico in 2023 were China (US$2.08M), South Korea (US$1.09M), United States (US$778k), Egypt (US$301k), and Japan (US$257k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, 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 Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, 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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  • 2.27%, Mexican share in global exports - 2022
  • 2.19%, Mexican share in global imports - 2022

The visualizations show the global market for Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, 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 Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were China (US$201M), India (US$12.5M), and Germany (US$9.88M). In the same year, the main importing countries for Of Iron or Steel Wool; Sponges, Pads, Gloves and Similar Articles. to Wash, Shine or the Like, of Iron or Steel were United States (US$37.4M), Saudi Arabia (US$13.4M), and United Kingdom (US$11M).