ProceduresGovernment

Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T)

Código 721650 (Harmonized System 2012 by 6 digits)

 2023: US$29.8M, Total Trade Exchange

2023: US$22.5M, International Sales

  2023: US$7.35M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) was US$29.8M.

In 2023, the states with the most international sales in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Nuevo León (US$22.2M), Baja California (US$99.8k), and Ciudad de México (US$71k).

The states with the most international purchases in 2023 were Ciudad de México (US$704k), Estado de México (US$448k), Sonora (US$416k), Baja California (US$317k), and Coahuila de Zaragoza (US$298k).

In 2023, the main commercial destinations of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$22.2M), Cuba (US$153k), Guatemala (US$47.3k), Jamaica (US$467), and Chile (US$25).

The main commercial origins of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in 2023 were United States (US$1.97M), Canada (US$271k), France (US$169k), China (US$145k), and Poland (US$80.3k).

In the global context, the main exporting countries of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in 2022 were Turkey (US$327M), China (US$202M), and Germany (US$177M). In the same year, the main importing countries of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$108M), Indonesia (US$101M), and Kazakhstan (US$97.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$29.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in Mexico (including international purchases and sales) was US$29.8M.

The visualizations show the net balance of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) 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$542k, International Purchases
  • US$875k, International Sales

In July 2024, international sales of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were US$875k, while international purchases reached US$542k. The above results in a trade balance of US$333k.

Exchange by Territory

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International Sales

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Nuevo León: US$22.2M, State with the Most International Sales (2023)

United States: US$22.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Nuevo León (US$22.2M), Baja California (US$99.8k), and Ciudad de México (US$71k).

In 2023, the countries with the most international purchases from Mexico were United States (US$22.2M), Cuba (US$153k), Guatemala (US$47.3k), Jamaica (US$467), and Chile (US$25).

International Purchases

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Ciudad de México: US$704k, State with the Most International Purchases (2023)

United States: US$1.97M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Ciudad de México (US$704k), Estado de México (US$448k), Sonora (US$416k), Baja California (US$317k), and Coahuila de Zaragoza (US$298k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.97M), Canada (US$271k), France (US$169k), China (US$145k), and Poland (US$80.3k).

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 Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T). 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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  • 1.21%, Mexican share in global exports - 2022
  • 0.9%, Mexican share in global imports - 2022

The visualizations show the global market for Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T). 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 Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Turkey (US$327M), China (US$202M), and Germany (US$177M). In the same year, the main importing countries for Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$108M), Indonesia (US$101M), and Kazakhstan (US$97.9M).