Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails")
Código 730210 (Harmonized System 2012 by 6 digits)
2023: US$244M, Total Trade Exchange
2023: US$203k, International Sales
2023: US$244M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") was US$244M.
In 2023, the states with the most international sales in Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Ciudad de México (US$73.9k), Estado de México (US$3.3k), and Chihuahua (US$335).
The states with the most international purchases in 2023 were Ciudad de México (US$204M), Nuevo León (US$32.3M), Querétaro (US$2.08M), Estado de México (US$1.44M), and Coahuila de Zaragoza (US$1.09M).
In 2023, the main commercial destinations of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Austria (US$71.9k), Costa Rica (US$3.53k), United States (US$1.82k), China (US$200), and Cuba (US$46).
The main commercial origins of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") in 2023 were Japan (US$109M), United States (US$62.4M), China (US$44.8M), Spain (US$22M), and Luxembourg (US$3.56M).
In the global context, the main exporting countries of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") in 2022 were Austria (US$510M), China (US$339M), and Japan (US$324M). In the same year, the main importing countries of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Germany (US$355M), Canada (US$185M), and Brazil (US$156M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$244M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") in Mexico (including international purchases and sales) was US$244M.
The visualizations show the net balance of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") 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$26.6M, International Purchases
In July 2024, international sales of Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were US$0, while international purchases reached US$26.6M. The above results in a trade balance of -US$26.6M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$73.9k, State with the Most International Sales (2023)
Austria: US$71.9k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Ciudad de México (US$73.9k), Estado de México (US$3.3k), and Chihuahua (US$335).
In 2023, the countries with the most international purchases from Mexico were Austria (US$71.9k), Costa Rica (US$3.53k), United States (US$1.82k), China (US$200), and Cuba (US$46).
International Purchases
#permalink to sectionCiudad de México: US$204M, State with the Most International Purchases (2023)
Japan: US$109M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Ciudad de México (US$204M), Nuevo León (US$32.3M), Querétaro (US$2.08M), Estado de México (US$1.44M), and Coahuila de Zaragoza (US$1.09M).
The countries with the most international sales to Mexico in 2023 were Japan (US$109M), United States (US$62.4M), China (US$44.8M), Spain (US$22M), and Luxembourg (US$3.56M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails"). 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- 0.012%, Mexican share in global exports - 2022
- 5.26%, Mexican share in global imports - 2022
The visualizations show the global market for Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails"). 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 Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Austria (US$510M), China (US$339M), and Japan (US$324M). In the same year, the main importing countries for Rails "Rails" of Iron or Steel for Railways (Exc. Checkrails "Rieles" "Checkrails") were Germany (US$355M), Canada (US$185M), and Brazil (US$156M).