ProceduresGovernment

Profiles of Alloy Steel, other than Steel Steel, N.E.C

Código 722870 (Harmonized System 2012 by 6 digits)

 2023: US$61.9M, Total Trade Exchange

2023: US$307k, International Sales

  2023: US$61.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Profiles of Alloy Steel, other than Steel Steel, N.E.C was US$61.9M.

In 2023, the states with the most international sales in Profiles of Alloy Steel, other than Steel Steel, N.E.C were Baja California (US$70.7k), Estado de México (US$53.7k), Nuevo León (US$19.6k), and Chihuahua (US$13.2k).

The states with the most international purchases in 2023 were Estado de México (US$12.9M), Nuevo León (US$6.77M), Jalisco (US$6.39M), Veracruz de Ignacio de la Llave (US$3.42M), and Chihuahua (US$1.56M).

In 2023, the main commercial destinations of Profiles of Alloy Steel, other than Steel Steel, N.E.C were United States (US$121k), Honduras (US$20.6k), Dominican Republic (US$7.07k), Costa Rica (US$2.76k), and Guatemala (US$2.61k).

The main commercial origins of Profiles of Alloy Steel, other than Steel Steel, N.E.C in 2023 were Spain (US$14.4M), Luxembourg (US$8.07M), United States (US$7.35M), Turkey (US$1.83M), and China (US$258k).

In the global context, the main exporting countries of Profiles of Alloy Steel, other than Steel Steel, N.E.C in 2022 were China (US$176M), United Kingdom (US$120M), and Spain (US$116M). In the same year, the main importing countries of Profiles of Alloy Steel, other than Steel Steel, N.E.C were United States (US$186M), Canada (US$63M), and Hong Kong (US$57.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$61.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Profiles of Alloy Steel, other than Steel Steel, N.E.C in Mexico (including international purchases and sales) was US$61.9M.

The visualizations show the net balance of Profiles of Alloy Steel, other than Steel Steel, N.E.C 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$6.98M, International Purchases
  • US$9.21k, International Sales

In July 2024, international sales of Profiles of Alloy Steel, other than Steel Steel, N.E.C were US$9.21k, while international purchases reached US$6.98M. The above results in a trade balance of -US$6.98M.

Exchange by Territory

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International Sales

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Baja California: US$70.7k, State with the Most International Sales (2023)

United States: US$121k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Profiles of Alloy Steel, other than Steel Steel, N.E.C were Baja California (US$70.7k), Estado de México (US$53.7k), Nuevo León (US$19.6k), and Chihuahua (US$13.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$121k), Honduras (US$20.6k), Dominican Republic (US$7.07k), Costa Rica (US$2.76k), and Guatemala (US$2.61k).

International Purchases

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Estado de México: US$12.9M, State with the Most International Purchases (2023)

Spain: US$14.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Profiles of Alloy Steel, other than Steel Steel, N.E.C were Estado de México (US$12.9M), Nuevo León (US$6.77M), Jalisco (US$6.39M), Veracruz de Ignacio de la Llave (US$3.42M), and Chihuahua (US$1.56M).

The countries with the most international sales to Mexico in 2023 were Spain (US$14.4M), Luxembourg (US$8.07M), United States (US$7.35M), Turkey (US$1.83M), and China (US$258k).

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 of Alloy Steel, other than Steel Steel, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Profiles of Alloy Steel, other than Steel Steel, N.E.C. 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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  • 0.12%, Mexican share in global exports - 2022
  • 4.75%, Mexican share in global imports - 2022

The visualizations show the global market for Profiles of Alloy Steel, other than Steel Steel, N.E.C. 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 of Alloy Steel, other than Steel Steel, N.E.C were China (US$176M), United Kingdom (US$120M), and Spain (US$116M). In the same year, the main importing countries for Profiles of Alloy Steel, other than Steel Steel, N.E.C were United States (US$186M), Canada (US$63M), and Hong Kong (US$57.6M).