ProceduresGovernment

Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O)

Código 730419 (Harmonized System 2012 by 6 digits)

 2023: US$253M, Total Trade Exchange

2023: US$143M, International Sales

  2023: US$110M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) was US$253M.

In 2023, the states with the most international sales in Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were Veracruz de Ignacio de la Llave (US$139M), Estado de México (US$2.97M), Baja California (US$310k), Ciudad de México (US$205k), and Nuevo León (US$145k).

The states with the most international purchases in 2023 were Veracruz de Ignacio de la Llave (US$79.3M), Estado de México (US$17.7M), Nuevo León (US$7.32M), Ciudad de México (US$2.83M), and Tamaulipas (US$1.85M).

In 2023, the main commercial destinations of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were United States (US$88M), Guyana (US$25.6M), Argentina (US$9.44M), Colombia (US$5.36M), and Canada (US$3.97M).

The main commercial origins of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) in 2023 were Brazil (US$57.9M), Romania (US$13.3M), Japan (US$8.67M), Spain (US$7.64M), and Italy (US$7.32M).

In the global context, the main exporting countries of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) in 2022 were China (US$1.75B), Italy (US$390M), and Japan (US$345M). In the same year, the main importing countries of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were United States (US$625M), United Arab Emirates (US$311M), and Iraq (US$220M).

Trade Balance of Mexico

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Net Trade Balance

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US$253M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) in Mexico (including international purchases and sales) was US$253M.

The visualizations show the net balance of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) 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$12.7M, International Purchases
  • US$8.8M, International Sales

In July 2024, international sales of Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were US$8.8M, while international purchases reached US$12.7M. The above results in a trade balance of -US$3.89M.

Exchange by Territory

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International Sales

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Veracruz de Ignacio de la Llave: US$139M, State with the Most International Sales (2023)

United States: US$88M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were Veracruz de Ignacio de la Llave (US$139M), Estado de México (US$2.97M), Baja California (US$310k), Ciudad de México (US$205k), and Nuevo León (US$145k).

In 2023, the countries with the most international purchases from Mexico were United States (US$88M), Guyana (US$25.6M), Argentina (US$9.44M), Colombia (US$5.36M), and Canada (US$3.97M).

International Purchases

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Veracruz de Ignacio de la Llave: US$79.3M, State with the Most International Purchases (2023)

Brazil: US$57.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were Veracruz de Ignacio de la Llave (US$79.3M), Estado de México (US$17.7M), Nuevo León (US$7.32M), Ciudad de México (US$2.83M), and Tamaulipas (US$1.85M).

The countries with the most international sales to Mexico in 2023 were Brazil (US$57.9M), Romania (US$13.3M), Japan (US$8.67M), Spain (US$7.64M), and Italy (US$7.32M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O). 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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  • 3.16%, Mexican share in global exports - 2022
  • 1.34%, Mexican share in global imports - 2022

The visualizations show the global market for Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O). 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 Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were China (US$1.75B), Italy (US$390M), and Japan (US$345M). In the same year, the main importing countries for Seamless Pipes and Tubes of Iron or Steel, of a Kind Used in Oil and Gas Pipelines (Exc. Iron Foundry O) were United States (US$625M), United Arab Emirates (US$311M), and Iraq (US$220M).