Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados)
Código 730723 (Harmonized System 2012 by 6 digits)
2023: US$16.9M, Total Trade Exchange
2023: US$2.73M, International Sales
2023: US$14.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) was US$16.9M.
In 2023, the states with the most international sales in Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were Puebla (US$1.12M), Ciudad de México (US$980k), Baja California (US$307k), Jalisco (US$43.8k), and Tamaulipas (US$16.1k).
The states with the most international purchases in 2023 were Baja California (US$2.81M), Ciudad de México (US$2.62M), Nuevo León (US$2.55M), Jalisco (US$1.24M), and Querétaro (US$1.17M).
In 2023, the main commercial destinations of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were United States (US$2.1M), Colombia (US$296k), Panama (US$37.9k), El Salvador (US$20.2k), and Dominican Republic (US$18.6k).
The main commercial origins of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) in 2023 were China (US$7.55M), United States (US$3.31M), Taiwan (Republic of China) (US$1.12M), Thailand (US$502k), and South Korea (US$394k).
In the global context, the main exporting countries of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) in 2022 were China (US$270M), Germany (US$144M), and South Korea (US$137M). In the same year, the main importing countries of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were United States (US$145M), Germany (US$123M), and Japan (US$72.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$16.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) in Mexico (including international purchases and sales) was US$16.9M.
The visualizations show the net balance of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) 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 sectionNovember, 2024
- US$1.15M, International Purchases
- US$141k, International Sales
In November 2024, international sales of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were US$141k, while international purchases reached US$1.15M. The above results in a trade balance of -US$1.01M.
Market Concentration
#permalink to section2024-Q4: US$130k, International Sales
The visualization shows the quarterly concentration of international sales of Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) at state level.
In the fourth quarter of 2024, international sales were US$130k, being the states with the most sales Ciudad de México (US$127k) and Chihuahua (US$3.32k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionPuebla: US$1.12M, State with the Most International Sales (2023)
United States: US$2.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were Puebla (US$1.12M), Ciudad de México (US$980k), Baja California (US$307k), Jalisco (US$43.8k), and Tamaulipas (US$16.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.1M), Colombia (US$296k), Panama (US$37.9k), El Salvador (US$20.2k), and Dominican Republic (US$18.6k).
International Purchases
#permalink to sectionBaja California: US$2.81M, State with the Most International Purchases (2023)
China: US$7.55M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were Baja California (US$2.81M), Ciudad de México (US$2.62M), Nuevo León (US$2.55M), Jalisco (US$1.24M), and Querétaro (US$1.17M).
The countries with the most international sales to Mexico in 2023 were China (US$7.55M), United States (US$3.31M), Taiwan (Republic of China) (US$1.12M), Thailand (US$502k), and South Korea (US$394k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados). 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- 0.3%, Mexican share in global exports - 2022
- 1.81%, Mexican share in global imports - 2022
The visualizations show the global market for Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados). 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 Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were China (US$270M), Germany (US$144M), and South Korea (US$137M). In the same year, the main importing countries for Pipe Fittings Butt Welding, Stainless Steel (Exc. Moldeados) were United States (US$145M), Germany (US$123M), and Japan (US$72.2M).