Pipes and Hollow Profiles, Welded, of Square or Rectangular Section
Código 730661 (Harmonized System 2012 by 6 digits)
2023: US$435M, Total Trade Exchange
2023: US$286M, International Sales
2023: US$149M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section was US$435M.
In 2023, the states with the most international sales in Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were Nuevo León (US$265M), Guanajuato (US$13.3M), Querétaro (US$2.81M), Baja California (US$2.26M), and Ciudad de México (US$1.09M).
The states with the most international purchases in 2023 were Baja California (US$26.4M), Nuevo León (US$26.3M), Ciudad de México (US$24.7M), Coahuila de Zaragoza (US$13.3M), and Estado de México (US$12.7M).
In 2023, the main commercial destinations of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were United States (US$278M), Guatemala (US$3.87M), Dominican Republic (US$2.79M), Belize (US$566k), and Honduras (US$338k).
The main commercial origins of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section in 2023 were United States (US$76.8M), Japan (US$12.8M), Taiwan (Republic of China) (US$7.66M), China (US$5.47M), and Vietnam (US$5.16M).
In the global context, the main exporting countries of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section in 2022 were China (US$1.79B), Italy (US$1.72B), and Turkey (US$799M). In the same year, the main importing countries of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were United States (US$1.16B), Germany (US$902M), and France (US$531M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$435M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section in Mexico (including international purchases and sales) was US$435M.
The visualizations show the net balance of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section 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$14.3M, International Purchases
- US$11.4M, International Sales
In July 2024, international sales of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were US$11.4M, while international purchases reached US$14.3M. The above results in a trade balance of -US$2.9M.
Market Concentration
#permalink to section2024-Q3: US$11M, International Sales
The visualization shows the quarterly concentration of international sales of Pipes and Hollow Profiles, Welded, of Square or Rectangular Section at state level.
In the third quarter of 2024, international sales were US$11M, being the states with the most sales Nuevo León (US$10.9M), Baja California (US$158k), and Tamaulipas (US$5.32k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$265M, State with the Most International Sales (2023)
United States: US$278M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were Nuevo León (US$265M), Guanajuato (US$13.3M), Querétaro (US$2.81M), Baja California (US$2.26M), and Ciudad de México (US$1.09M).
In 2023, the countries with the most international purchases from Mexico were United States (US$278M), Guatemala (US$3.87M), Dominican Republic (US$2.79M), Belize (US$566k), and Honduras (US$338k).
International Purchases
#permalink to sectionBaja California: US$26.4M, State with the Most International Purchases (2023)
United States: US$76.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were Baja California (US$26.4M), Nuevo León (US$26.3M), Ciudad de México (US$24.7M), Coahuila de Zaragoza (US$13.3M), and Estado de México (US$12.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$76.8M), Japan (US$12.8M), Taiwan (Republic of China) (US$7.66M), China (US$5.47M), and Vietnam (US$5.16M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipes and Hollow Profiles, Welded, of Square or Rectangular Section and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipes and Hollow Profiles, Welded, of Square or Rectangular Section. 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- 3.65%, Mexican share in global exports - 2022
- 1.47%, Mexican share in global imports - 2022
The visualizations show the global market for Pipes and Hollow Profiles, Welded, of Square or Rectangular Section. 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 Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were China (US$1.79B), Italy (US$1.72B), and Turkey (US$799M). In the same year, the main importing countries for Pipes and Hollow Profiles, Welded, of Square or Rectangular Section were United States (US$1.16B), Germany (US$902M), and France (US$531M).