Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast)
Código 730719 (Harmonized System 2012 by 6 digits)
2023: US$108M, Total Trade Exchange
2023: US$40.7M, International Sales
2023: US$66.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) was US$108M.
In 2023, the states with the most international sales in Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were Nuevo León (US$20.9M), Chihuahua (US$13.9M), San Luis Potosí (US$2.66M), Estado de México (US$1.62M), and Durango (US$397k).
The states with the most international purchases in 2023 were Nuevo León (US$22.6M), Chihuahua (US$12.4M), Estado de México (US$7.03M), Baja California (US$4.76M), and Ciudad de México (US$3.34M).
In 2023, the main commercial destinations of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were United States (US$35.1M), Canada (US$4.64M), Guatemala (US$137k), Cuba (US$119k), and Belgium (US$92.1k).
The main commercial origins of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) in 2023 were United States (US$29.2M), China (US$27.7M), Germany (US$3.15M), Japan (US$1.2M), and Austria (US$892k).
In the global context, the main exporting countries of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) in 2022 were China (US$1.04B), Poland (US$185M), and India (US$174M). In the same year, the main importing countries of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were United States (US$498M), Germany (US$193M), and Canada (US$181M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$108M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) in Mexico (including international purchases and sales) was US$108M.
The visualizations show the net balance of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) 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$4.71M, International Purchases
- US$3.53M, International Sales
In July 2024, international sales of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were US$3.53M, while international purchases reached US$4.71M. The above results in a trade balance of -US$1.18M.
Market Concentration
#permalink to section2024-Q3: US$3.44M, International Sales
The visualization shows the quarterly concentration of international sales of Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) at state level.
In the third quarter of 2024, international sales were US$3.44M, being the states with the most sales Nuevo León (US$1.89M), Chihuahua (US$1.35M), and Estado de México (US$136k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$20.9M, State with the Most International Sales (2023)
United States: US$35.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were Nuevo León (US$20.9M), Chihuahua (US$13.9M), San Luis Potosí (US$2.66M), Estado de México (US$1.62M), and Durango (US$397k).
In 2023, the countries with the most international purchases from Mexico were United States (US$35.1M), Canada (US$4.64M), Guatemala (US$137k), Cuba (US$119k), and Belgium (US$92.1k).
International Purchases
#permalink to sectionNuevo León: US$22.6M, State with the Most International Purchases (2023)
United States: US$29.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were Nuevo León (US$22.6M), Chihuahua (US$12.4M), Estado de México (US$7.03M), Baja California (US$4.76M), and Ciudad de México (US$3.34M).
The countries with the most international sales to Mexico in 2023 were United States (US$29.2M), China (US$27.7M), Germany (US$3.15M), Japan (US$1.2M), and Austria (US$892k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast). 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- 1.75%, Mexican share in global exports - 2022
- 2.23%, Mexican share in global imports - 2022
The visualizations show the global market for Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast). 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, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were China (US$1.04B), Poland (US$185M), and India (US$174M). In the same year, the main importing countries for Pipe Fittings, of Iron or Steel, Cast (Excl. Non-Malleable Cast) were United States (US$498M), Germany (US$193M), and Canada (US$181M).