Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes)
Código 731823 (Harmonized System 2012 by 6 digits)
2023: US$113M, Total Trade Exchange
2023: US$6.11M, International Sales
2023: US$107M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) was US$113M.
In 2023, the states with the most international sales in Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were Coahuila de Zaragoza (US$2.72M), Baja California (US$796k), Nuevo León (US$641k), Sonora (US$382k), and Ciudad de México (US$369k).
The states with the most international purchases in 2023 were Tamaulipas (US$12.9M), Baja California (US$12.7M), Chihuahua (US$11.6M), Coahuila de Zaragoza (US$11.3M), and Nuevo León (US$11M).
In 2023, the main commercial destinations of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were United States (US$5.04M), South Korea (US$454k), Brazil (US$180k), Costa Rica (US$80.2k), and Honduras (US$61.4k).
The main commercial origins of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) in 2023 were United States (US$51.7M), China (US$13.6M), Taiwan (Republic of China) (US$11.5M), South Korea (US$9.24M), and Germany (US$7.54M).
In the global context, the main exporting countries of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) in 2022 were China (US$166M), Germany (US$142M), and United States (US$120M). In the same year, the main importing countries of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were United States (US$105M), Mexico (US$97.4M), and Germany (US$66.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$113M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) in Mexico (including international purchases and sales) was US$113M.
The visualizations show the net balance of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) 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$5.44M, International Purchases
- US$148k, International Sales
In July 2024, international sales of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were US$148k, while international purchases reached US$5.44M. The above results in a trade balance of -US$5.29M.
Market Concentration
#permalink to section2024-Q3: US$110k, International Sales
The visualization shows the quarterly concentration of international sales of Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) at state level.
In the third quarter of 2024, international sales were US$110k, being the states with the most sales Ciudad de México (US$23.4k), Baja California (US$19.5k), and Chihuahua (US$14.3k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$2.72M, State with the Most International Sales (2023)
United States: US$5.04M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were Coahuila de Zaragoza (US$2.72M), Baja California (US$796k), Nuevo León (US$641k), Sonora (US$382k), and Ciudad de México (US$369k).
In 2023, the countries with the most international purchases from Mexico were United States (US$5.04M), South Korea (US$454k), Brazil (US$180k), Costa Rica (US$80.2k), and Honduras (US$61.4k).
International Purchases
#permalink to sectionTamaulipas: US$12.9M, State with the Most International Purchases (2023)
United States: US$51.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were Tamaulipas (US$12.9M), Baja California (US$12.7M), Chihuahua (US$11.6M), Coahuila de Zaragoza (US$11.3M), and Nuevo León (US$11M).
The countries with the most international sales to Mexico in 2023 were United States (US$51.7M), China (US$13.6M), Taiwan (Republic of China) (US$11.5M), South Korea (US$9.24M), and Germany (US$7.54M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes). 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- 0.27%, Mexican share in global exports - 2022
- 11.8%, Mexican share in global imports - 2022
The visualizations show the global market for Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes). 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 Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were China (US$166M), Germany (US$142M), and United States (US$120M). In the same year, the main importing countries for Rivets of Iron or Steel (Excl. Tubular or Bifurcated Rivets Riven, for all Purposes) were United States (US$105M), Mexico (US$97.4M), and Germany (US$66.7M).