Profiles of Iron or Steel, Welded
Código 730120 (Harmonized System 2012 by 6 digits)
2023: US$4.25M, Total Trade Exchange
2023: US$77.6k, International Sales
2023: US$4.17M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Profiles of Iron or Steel, Welded was US$4.25M.
In 2014, the states with the most international sales in Profiles of Iron or Steel, Welded were Chihuahua (US$52.8k).
The states with the most international purchases in 2023 were Chihuahua (US$89.1k), Nuevo León (US$66.4k), Baja California (US$44.8k), and Ciudad de México (US$22.8k).
In 2014, the main commercial destinations of Profiles of Iron or Steel, Welded were United States (US$52.8k).
The main commercial origins of Profiles of Iron or Steel, Welded in 2023 were United States (US$119k), China (US$102k), Switzerland (US$1.32k), Belgium (US$1.29k), and Malaysia (US$27).
In the global context, the main exporting countries of Profiles of Iron or Steel, Welded in 2022 were Germany (US$48.5M), China (US$46.4M), and Poland (US$36.6M). In the same year, the main importing countries of Profiles of Iron or Steel, Welded were Germany (US$45.6M), Saudi Arabia (US$37.7M), and France (US$36.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.25M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Profiles of Iron or Steel, Welded in Mexico (including international purchases and sales) was US$4.25M.
The visualizations show the net balance of Profiles of Iron or Steel, Welded 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$44.7k, International Purchases
In July 2024, international sales of Profiles of Iron or Steel, Welded were US$0, while international purchases reached US$44.7k. The above results in a trade balance of -US$44.7k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$52.8k, State with the Most International Sales (2014)
United States: US$52.8k, Main commercial destination (2014)
In 2014, the states with the highest international sales in Profiles of Iron or Steel, Welded were Chihuahua (US$52.8k).
In 2014, the countries with the most international purchases from Mexico were United States (US$52.8k).
International Purchases
#permalink to sectionChihuahua: US$89.1k, State with the Most International Purchases (2023)
United States: US$119k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Profiles of Iron or Steel, Welded were Chihuahua (US$89.1k), Nuevo León (US$66.4k), Baja California (US$44.8k), and Ciudad de México (US$22.8k).
The countries with the most international sales to Mexico in 2023 were United States (US$119k), China (US$102k), Switzerland (US$1.32k), Belgium (US$1.29k), and Malaysia (US$27).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Profiles of Iron or Steel, Welded 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 Steel, Welded. 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- 0.36%, Mexican share in global exports - 2022
- 0.3%, Mexican share in global imports - 2022
The visualizations show the global market for Profiles of Iron or Steel, Welded. 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 Steel, Welded were Germany (US$48.5M), China (US$46.4M), and Poland (US$36.6M). In the same year, the main importing countries for Profiles of Iron or Steel, Welded were Germany (US$45.6M), Saudi Arabia (US$37.7M), and France (US$36.5M).