Plates, Sheets and Strip, Noncellular and not Reinforced
Código 3920 (Harmonized System 2012 by 4 digits)
2023: US$3.5B, Total Trade Exchange
2023: US$922M, International Sales
2023: US$2.58B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Plates, Sheets and Strip, Noncellular and not Reinforced was US$3.5B.
In 2023, the states with the most international sales in Plates, Sheets and Strip, Noncellular and not Reinforced were Estado de México (US$162M), Tamaulipas (US$135M), Michoacán de Ocampo (US$132M), Querétaro (US$103M), and Nuevo León (US$101M).
The states with the most international purchases in 2023 were Baja California (US$509M), Nuevo León (US$328M), Ciudad de México (US$307M), Estado de México (US$259M), and Chihuahua (US$252M).
In 2023, the main commercial destinations of Plates, Sheets and Strip, Noncellular and not Reinforced were United States (US$740M), Belgium (US$23.4M), Canada (US$20.7M), Guatemala (US$16M), and Colombia (US$12.2M).
The main commercial origins of Plates, Sheets and Strip, Noncellular and not Reinforced in 2023 were United States (US$1.29B), China (US$426M), South Korea (US$162M), Germany (US$144M), and Canada (US$54.2M).
In the global context, the main exporting countries of Plates, Sheets and Strip, Noncellular and not Reinforced in 2022 were China (US$10.2B), Germany (US$7.84B), and United States (US$6.05B). In the same year, the main importing countries of Plates, Sheets and Strip, Noncellular and not Reinforced were United States (US$7.42B), China (US$5.76B), and Germany (US$4.38B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.5B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Plates, Sheets and Strip, Noncellular and not Reinforced in Mexico (including international purchases and sales) was US$3.5B.
The visualizations show the net balance of Plates, Sheets and Strip, Noncellular and not Reinforced 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$223M, International Purchases
- US$104M, International Sales
In July 2024, international sales of Plates, Sheets and Strip, Noncellular and not Reinforced were US$104M, while international purchases reached US$223M. The above results in a trade balance of -US$119M.
Market Concentration
#permalink to section2024-Q3: US$89.7M, International Sales
The visualization shows the quarterly concentration of international sales of Plates, Sheets and Strip, Noncellular and not Reinforced at state level.
In the third quarter of 2024, international sales were US$89.7M, being the states with the most sales Baja California (US$15.5M), Estado de México (US$12.8M), and Nuevo León (US$12.3M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$162M, State with the Most International Sales (2023)
United States: US$740M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Plates, Sheets and Strip, Noncellular and not Reinforced were Estado de México (US$162M), Tamaulipas (US$135M), Michoacán de Ocampo (US$132M), Querétaro (US$103M), and Nuevo León (US$101M).
In 2023, the countries with the most international purchases from Mexico were United States (US$740M), Belgium (US$23.4M), Canada (US$20.7M), Guatemala (US$16M), and Colombia (US$12.2M).
International Purchases
#permalink to sectionBaja California: US$509M, State with the Most International Purchases (2023)
United States: US$1.29B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Plates, Sheets and Strip, Noncellular and not Reinforced were Baja California (US$509M), Nuevo León (US$328M), Ciudad de México (US$307M), Estado de México (US$259M), and Chihuahua (US$252M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.29B), China (US$426M), South Korea (US$162M), Germany (US$144M), and Canada (US$54.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Plates, Sheets and Strip, Noncellular and not Reinforced and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Plates, Sheets and Strip, Noncellular and not Reinforced. 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- 1.67%, Mexican share in global exports - 2022
- 3.38%, Mexican share in global imports - 2022
The visualizations show the global market for Plates, Sheets and Strip, Noncellular and not Reinforced. 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 Plates, Sheets and Strip, Noncellular and not Reinforced were China (US$10.2B), Germany (US$7.84B), and United States (US$6.05B). In the same year, the main importing countries for Plates, Sheets and Strip, Noncellular and not Reinforced were United States (US$7.42B), China (US$5.76B), and Germany (US$4.38B).