ProceduresGovernment

Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated)

Código 731290 (Harmonized System 2012 by 6 digits)

 2023: US$7.02M, Total Trade Exchange

2023: US$884k, International Sales

  2023: US$6.13M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) was US$7.02M.

In 2023, the states with the most international sales in Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were Sonora (US$457k), Ciudad de México (US$134k), Baja California (US$83.4k), Chihuahua (US$41.7k), and Tamaulipas (US$4.36k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$1.93M), Ciudad de México (US$1M), Sonora (US$860k), Baja California (US$705k), and Tamaulipas (US$397k).

In 2023, the main commercial destinations of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were United States (US$707k), Venezuela (US$6.35k), Guyana (US$3.05k), United Arab Emirates (US$2.36k), and France (US$458).

The main commercial origins of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) in 2023 were United States (US$3.3M), China (US$1.55M), Taiwan (Republic of China) (US$454k), Japan (US$107k), and Ireland (US$104k).

In the global context, the main exporting countries of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) in 2022 were China (US$127M), Thailand (US$37.8M), and United States (US$33.4M). In the same year, the main importing countries of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were United States (US$42.6M), India (US$23.8M), and Germany (US$22.9M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$7.02M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) in Mexico (including international purchases and sales) was US$7.02M.

The visualizations show the net balance of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) 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 section

July, 2024

  • US$651k, International Purchases
  • US$56.1k, International Sales

In July 2024, international sales of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were US$56.1k, while international purchases reached US$651k. The above results in a trade balance of -US$595k.

Market Concentration

#permalink to section

2024-Q3: US$1.17k, International Sales

The visualization shows the quarterly concentration of international sales of Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) at state level.

In the third quarter of 2024, international sales were US$1.17k, being the states with the most sales Ciudad de México (US$736) and Coahuila de Zaragoza (US$438).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Sonora: US$457k, State with the Most International Sales (2023)

United States: US$707k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were Sonora (US$457k), Ciudad de México (US$134k), Baja California (US$83.4k), Chihuahua (US$41.7k), and Tamaulipas (US$4.36k).

In 2023, the countries with the most international purchases from Mexico were United States (US$707k), Venezuela (US$6.35k), Guyana (US$3.05k), United Arab Emirates (US$2.36k), and France (US$458).

International Purchases

#permalink to section

Coahuila de Zaragoza: US$1.93M, State with the Most International Purchases (2023)

United States: US$3.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were Coahuila de Zaragoza (US$1.93M), Ciudad de México (US$1M), Sonora (US$860k), Baja California (US$705k), and Tamaulipas (US$397k).

The countries with the most international sales to Mexico in 2023 were United States (US$3.3M), China (US$1.55M), Taiwan (Republic of China) (US$454k), Japan (US$107k), and Ireland (US$104k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated). 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

#permalink to section

  • 0.63%, Mexican share in global exports - 2022
  • 2.26%, Mexican share in global imports - 2022

The visualizations show the global market for Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated). 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 Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were China (US$127M), Thailand (US$37.8M), and United States (US$33.4M). In the same year, the main importing countries for Slings and Similar Articles., of Iron or Steel (Excl. the Electrically Insulated) were United States (US$42.6M), India (US$23.8M), and Germany (US$22.9M).