Other Cast Articles of Iron or Steel
Código 7325 (Harmonized System 2012 by 4 digits)
2023: US$101M, Total Trade Exchange
2023: US$20.6M, International Sales
2023: US$80.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Other Cast Articles of Iron or Steel was US$101M.
In 2023, the states with the most international sales in Other Cast Articles of Iron or Steel were Querétaro (US$8.16M), Baja California (US$5.61M), Jalisco (US$1.88M), Nuevo León (US$1.6M), and Estado de México (US$858k).
The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$23.9M), Nuevo León (US$18M), Chihuahua (US$8.74M), Jalisco (US$8.56M), and Ciudad de México (US$4.48M).
In 2023, the main commercial destinations of Other Cast Articles of Iron or Steel were United States (US$18.3M), Guatemala (US$986k), Dominican Republic (US$480k), Canada (US$187k), and El Salvador (US$147k).
The main commercial origins of Other Cast Articles of Iron or Steel in 2023 were United States (US$34.3M), China (US$22.3M), India (US$15.6M), Italy (US$2.02M), and France (US$1.91M).
In the global context, the main exporting countries of Other Cast Articles of Iron or Steel in 2022 were China (US$1.81B), India (US$1.2B), and Germany (US$627M). In the same year, the main importing countries of Other Cast Articles of Iron or Steel were Germany (US$843M), United States (US$771M), and Italy (US$606M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$101M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Other Cast Articles of Iron or Steel in Mexico (including international purchases and sales) was US$101M.
The visualizations show the net balance of Other Cast Articles 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
#permalink to sectionJuly, 2024
- US$4.18M, International Purchases
- US$1.47M, International Sales
In July 2024, international sales of Other Cast Articles of Iron or Steel were US$1.47M, while international purchases reached US$4.18M. The above results in a trade balance of -US$2.71M.
Market Concentration
#permalink to section2024-Q3: US$570k, International Sales
The visualization shows the quarterly concentration of international sales of Other Cast Articles of Iron or Steel at state level.
In the third quarter of 2024, international sales were US$570k, being the states with the most sales Baja California (US$268k), Ciudad de México (US$105k), and Nuevo León (US$104k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionQuerétaro: US$8.16M, State with the Most International Sales (2023)
United States: US$18.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Other Cast Articles of Iron or Steel were Querétaro (US$8.16M), Baja California (US$5.61M), Jalisco (US$1.88M), Nuevo León (US$1.6M), and Estado de México (US$858k).
In 2023, the countries with the most international purchases from Mexico were United States (US$18.3M), Guatemala (US$986k), Dominican Republic (US$480k), Canada (US$187k), and El Salvador (US$147k).
International Purchases
#permalink to sectionCoahuila de Zaragoza: US$23.9M, State with the Most International Purchases (2023)
United States: US$34.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Other Cast Articles of Iron or Steel were Coahuila de Zaragoza (US$23.9M), Nuevo León (US$18M), Chihuahua (US$8.74M), Jalisco (US$8.56M), and Ciudad de México (US$4.48M).
The countries with the most international sales to Mexico in 2023 were United States (US$34.3M), China (US$22.3M), India (US$15.6M), Italy (US$2.02M), and France (US$1.91M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Other Cast Articles 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 Other Cast Articles 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.24%, Mexican share in global exports - 2022
- 1.75%, Mexican share in global imports - 2022
The visualizations show the global market for Other Cast Articles 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 Other Cast Articles of Iron or Steel were China (US$1.81B), India (US$1.2B), and Germany (US$627M). In the same year, the main importing countries for Other Cast Articles of Iron or Steel were Germany (US$843M), United States (US$771M), and Italy (US$606M).