ProceduresGovernment

Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm

Código 721640 (Harmonized System 2012 by 6 digits)

 2023: US$89.6M, Total Trade Exchange

2023: US$34.7M, International Sales

  2023: US$54.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm was US$89.6M.

In 2023, the states with the most international sales in Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$27.2M), Tamaulipas (US$6.07M), Jalisco (US$893k), Ciudad de México (US$126k), and Coahuila de Zaragoza (US$124k).

The states with the most international purchases in 2023 were Nuevo León (US$23.8M), Ciudad de México (US$8.6M), Estado de México (US$6.51M), Coahuila de Zaragoza (US$3.23M), and Baja California (US$2.79M).

In 2023, the main commercial destinations of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were United States (US$32M), Colombia (US$1.82M), Guatemala (US$470k), Nicaragua (US$126k), and Brazil (US$29.6k).

The main commercial origins of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in 2023 were United States (US$34.2M), Turkey (US$5.38M), India (US$2.57M), Luxembourg (US$1.91M), and Canada (US$1.47M).

In the global context, the main exporting countries of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in 2022 were Japan (US$174M), China (US$154M), and Turkey (US$121M). In the same year, the main importing countries of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Germany (US$146M), South Korea (US$114M), and United States (US$109M).

Trade Balance of Mexico

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Net Trade Balance

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US$89.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in Mexico (including international purchases and sales) was US$89.6M.

The visualizations show the net balance of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm 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$2.66M, International Purchases
  • US$3.1M, International Sales

In July 2024, international sales of Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were US$3.1M, while international purchases reached US$2.66M. The above results in a trade balance of US$440k.

Exchange by Territory

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International Sales

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Nuevo León: US$27.2M, State with the Most International Sales (2023)

United States: US$32M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$27.2M), Tamaulipas (US$6.07M), Jalisco (US$893k), Ciudad de México (US$126k), and Coahuila de Zaragoza (US$124k).

In 2023, the countries with the most international purchases from Mexico were United States (US$32M), Colombia (US$1.82M), Guatemala (US$470k), Nicaragua (US$126k), and Brazil (US$29.6k).

International Purchases

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Nuevo León: US$23.8M, State with the Most International Purchases (2023)

United States: US$34.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$23.8M), Ciudad de México (US$8.6M), Estado de México (US$6.51M), Coahuila de Zaragoza (US$3.23M), and Baja California (US$2.79M).

The countries with the most international sales to Mexico in 2023 were United States (US$34.2M), Turkey (US$5.38M), India (US$2.57M), Luxembourg (US$1.91M), and Canada (US$1.47M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm. 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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  • 4.42%, Mexican share in global exports - 2022
  • 3.43%, Mexican share in global imports - 2022

The visualizations show the global market for Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm. 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 Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Japan (US$174M), China (US$154M), and Turkey (US$121M). In the same year, the main importing countries for Profiles in L or T Sections, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Germany (US$146M), South Korea (US$114M), and United States (US$109M).