Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel)
Código 730791 (Harmonized System 2012 by 6 digits)
2023: US$90.8M, Total Trade Exchange
2023: US$6.09M, International Sales
2023: US$84.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) was US$90.8M.
In 2023, the states with the most international sales in Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were Guanajuato (US$2.01M), Nuevo León (US$977k), Sonora (US$448k), Veracruz de Ignacio de la Llave (US$331k), and Estado de México (US$305k).
The states with the most international purchases in 2023 were Nuevo León (US$24.3M), Guanajuato (US$12M), Ciudad de México (US$9.11M), Estado de México (US$6.66M), and Baja California (US$4.41M).
In 2023, the main commercial destinations of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were United States (US$4.49M), China (US$348k), Germany (US$183k), Panama (US$88k), and United Arab Emirates (US$85.4k).
The main commercial origins of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) in 2023 were United States (US$34.6M), China (US$24M), India (US$7.63M), South Korea (US$5.74M), and Italy (US$2.94M).
In the global context, the main exporting countries of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) in 2022 were China (US$1.02B), Italy (US$349M), and India (US$270M). In the same year, the main importing countries of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were United States (US$410M), Germany (US$171M), and Canada (US$120M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$90.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) in Mexico (including international purchases and sales) was US$90.8M.
The visualizations show the net balance of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless 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$7.6M, International Purchases
- US$521k, International Sales
In July 2024, international sales of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were US$521k, while international purchases reached US$7.6M. The above results in a trade balance of -US$7.08M.
Market Concentration
#permalink to section2024-Q3: US$164k, International Sales
The visualization shows the quarterly concentration of international sales of Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) at state level.
In the third quarter of 2024, international sales were US$164k, being the states with the most sales Nuevo León (US$64.7k), Tamaulipas (US$38.1k), and Jalisco (US$21.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$2.01M, State with the Most International Sales (2023)
United States: US$4.49M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were Guanajuato (US$2.01M), Nuevo León (US$977k), Sonora (US$448k), Veracruz de Ignacio de la Llave (US$331k), and Estado de México (US$305k).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.49M), China (US$348k), Germany (US$183k), Panama (US$88k), and United Arab Emirates (US$85.4k).
International Purchases
#permalink to sectionNuevo León: US$24.3M, State with the Most International Purchases (2023)
United States: US$34.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were Nuevo León (US$24.3M), Guanajuato (US$12M), Ciudad de México (US$9.11M), Estado de México (US$6.66M), and Baja California (US$4.41M).
The countries with the most international sales to Mexico in 2023 were United States (US$34.6M), China (US$24M), India (US$7.63M), South Korea (US$5.74M), and Italy (US$2.94M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless 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- 0.17%, Mexican share in global exports - 2022
- 3.06%, Mexican share in global imports - 2022
The visualizations show the global market for Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless 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 Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were China (US$1.02B), Italy (US$349M), and India (US$270M). In the same year, the main importing countries for Pipe Flanges, of Iron or Steel (Excl. Cast or Stainless Steel) were United States (US$410M), Germany (US$171M), and Canada (US$120M).