ProceduresGovernment

Pipe Fittings, Malleable Cast Iron No

Código 730711 (Harmonized System 2012 by 6 digits)

 2023: US$15.3M, Total Trade Exchange

2023: US$1.09M, International Sales

  2023: US$14.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Pipe Fittings, Malleable Cast Iron No was US$15.3M.

In 2023, the states with the most international sales in Pipe Fittings, Malleable Cast Iron No were Nuevo León (US$451k), San Luis Potosí (US$134k), Jalisco (US$75.8k), Baja California (US$47.7k), and Ciudad de México (US$8.93k).

The states with the most international purchases in 2023 were Jalisco (US$5.5M), Sinaloa (US$2.54M), Nuevo León (US$2.03M), Estado de México (US$1.04M), and Baja California (US$955k).

In 2023, the main commercial destinations of Pipe Fittings, Malleable Cast Iron No were United States (US$661k), China (US$37.6k), South Africa (US$7.89k), Germany (US$6.06k), and El Salvador (US$5.01k).

The main commercial origins of Pipe Fittings, Malleable Cast Iron No in 2023 were China (US$8.05M), United States (US$3.98M), India (US$1.1M), Taiwan (Republic of China) (US$359k), and United Kingdom (US$224k).

In the global context, the main exporting countries of Pipe Fittings, Malleable Cast Iron No in 2022 were China (US$462M), India (US$67.8M), and Italy (US$58.9M). In the same year, the main importing countries of Pipe Fittings, Malleable Cast Iron No were Germany (US$66.8M), France (US$61M), and Japan (US$54M).

Trade Balance of Mexico

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Net Trade Balance

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US$15.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Pipe Fittings, Malleable Cast Iron No in Mexico (including international purchases and sales) was US$15.3M.

The visualizations show the net balance of Pipe Fittings, Malleable Cast Iron No 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$974k, International Purchases
  • US$447k, International Sales

In July 2024, international sales of Pipe Fittings, Malleable Cast Iron No were US$447k, while international purchases reached US$974k. The above results in a trade balance of -US$526k.

Market Concentration

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2024-Q3: US$67k, International Sales

The visualization shows the quarterly concentration of international sales of Pipe Fittings, Malleable Cast Iron No at state level.

In the third quarter of 2024, international sales were US$67k, being the states with the most sales Nuevo León (US$67k).

Exchange by Territory

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International Sales

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Nuevo León: US$451k, State with the Most International Sales (2023)

United States: US$661k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Pipe Fittings, Malleable Cast Iron No were Nuevo León (US$451k), San Luis Potosí (US$134k), Jalisco (US$75.8k), Baja California (US$47.7k), and Ciudad de México (US$8.93k).

In 2023, the countries with the most international purchases from Mexico were United States (US$661k), China (US$37.6k), South Africa (US$7.89k), Germany (US$6.06k), and El Salvador (US$5.01k).

International Purchases

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Jalisco: US$5.5M, State with the Most International Purchases (2023)

China: US$8.05M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pipe Fittings, Malleable Cast Iron No were Jalisco (US$5.5M), Sinaloa (US$2.54M), Nuevo León (US$2.03M), Estado de México (US$1.04M), and Baja California (US$955k).

The countries with the most international sales to Mexico in 2023 were China (US$8.05M), United States (US$3.98M), India (US$1.1M), Taiwan (Republic of China) (US$359k), and United Kingdom (US$224k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pipe Fittings, Malleable Cast Iron No  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pipe Fittings, Malleable Cast Iron No. 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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  • 0.19%, Mexican share in global exports - 2022
  • 1.3%, Mexican share in global imports - 2022

The visualizations show the global market for Pipe Fittings, Malleable Cast Iron No. 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, Malleable Cast Iron No were China (US$462M), India (US$67.8M), and Italy (US$58.9M). In the same year, the main importing countries for Pipe Fittings, Malleable Cast Iron No were Germany (US$66.8M), France (US$61M), and Japan (US$54M).