ProceduresGovernment

Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope")

Código 720529 (Harmonized System 2012 by 6 digits)

 2023: US$50.4M, Total Trade Exchange

2023: US$3.73M, International Sales

  2023: US$46.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") was US$50.4M.

In 2022, the states with the most international sales in Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Chihuahua (US$200k).

The states with the most international purchases in 2023 were Estado de México (US$12.5M), Coahuila de Zaragoza (US$10.6M), Baja California (US$5.31M), Nuevo León (US$4.11M), and Ciudad de México (US$2.5M).

In 2022, the main commercial destinations of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were United States (US$200k).

The main commercial origins of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") in 2023 were United States (US$25.1M), Canada (US$4.69M), Japan (US$3.39M), Italy (US$1.85M), and Egypt (US$1.39M).

In the global context, the main exporting countries of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") in 2022 were Sweden (US$362M), China (US$169M), and United States (US$99.1M). In the same year, the main importing countries of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Germany (US$176M), United States (US$129M), and China (US$128M).

Trade Balance of Mexico

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Net Trade Balance

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US$50.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") in Mexico (including international purchases and sales) was US$50.4M.

The visualizations show the net balance of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") 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$3.21M, International Purchases
  • US$4.46k, International Sales

In July 2024, international sales of Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were US$4.46k, while international purchases reached US$3.21M. The above results in a trade balance of -US$3.21M.

Exchange by Territory

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International Sales

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Chihuahua: US$200k, State with the Most International Sales (2022)

United States: US$200k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Chihuahua (US$200k).

In 2022, the countries with the most international purchases from Mexico were United States (US$200k).

International Purchases

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Estado de México: US$12.5M, State with the Most International Purchases (2023)

United States: US$25.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Estado de México (US$12.5M), Coahuila de Zaragoza (US$10.6M), Baja California (US$5.31M), Nuevo León (US$4.11M), and Ciudad de México (US$2.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$25.1M), Canada (US$4.69M), Japan (US$3.39M), Italy (US$1.85M), and Egypt (US$1.39M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope"). 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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  • 0.23%, Mexican share in global exports - 2022
  • 3.13%, Mexican share in global imports - 2022

The visualizations show the global market for Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope"). 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 Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Sweden (US$362M), China (US$169M), and United States (US$99.1M). In the same year, the main importing countries for Powder, Pig Iron, Spiegeleisen of Iron or Non-Alloy (Exc. Ferroalloy Dust and Radioactive Iron Powders "Isotope") were Germany (US$176M), United States (US$129M), and China (US$128M).