Speed Steel Bars
Código 722810 (Harmonized System 2012 by 6 digits)
2023: US$9.24M, Total Trade Exchange
2023: US$66.7k, International Sales
2023: US$9.18M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Speed Steel Bars was US$9.24M.
In 2017, the states with the most international sales in Speed Steel Bars were Ciudad de México (US$66.2k) and Baja California (US$1.78k).
The states with the most international purchases in 2023 were Estado de México (US$3.6M), Baja California (US$3.17M), Querétaro (US$2.07M), Nuevo León (US$157k), and Ciudad de México (US$52.3k).
In 2017, the main commercial destinations of Speed Steel Bars were Brazil (US$36.8k), Guatemala (US$26.3k), United States (US$3.81k), and Cuba (US$1.14k).
The main commercial origins of Speed Steel Bars in 2023 were France (US$3.92M), Japan (US$1.29M), Germany (US$1.16M), Italy (US$564k), and China (US$528k).
In the global context, the main exporting countries of Speed Steel Bars in 2022 were Austria (US$145M), China (US$145M), and France (US$121M). In the same year, the main importing countries of Speed Steel Bars were Germany (US$120M), United States (US$83.1M), and China (US$59.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.24M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Speed Steel Bars in Mexico (including international purchases and sales) was US$9.24M.
The visualizations show the net balance of Speed Steel Bars 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$501k, International Purchases
In July 2024, international sales of Speed Steel Bars were US$0, while international purchases reached US$501k. The above results in a trade balance of -US$501k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$66.2k, State with the Most International Sales (2017)
Brazil: US$36.8k, Main commercial destination (2017)
In 2017, the states with the highest international sales in Speed Steel Bars were Ciudad de México (US$66.2k) and Baja California (US$1.78k).
In 2017, the countries with the most international purchases from Mexico were Brazil (US$36.8k), Guatemala (US$26.3k), United States (US$3.81k), and Cuba (US$1.14k).
International Purchases
#permalink to sectionEstado de México: US$3.6M, State with the Most International Purchases (2023)
France: US$3.92M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Speed Steel Bars were Estado de México (US$3.6M), Baja California (US$3.17M), Querétaro (US$2.07M), Nuevo León (US$157k), and Ciudad de México (US$52.3k).
The countries with the most international sales to Mexico in 2023 were France (US$3.92M), Japan (US$1.29M), Germany (US$1.16M), Italy (US$564k), and China (US$528k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Speed Steel Bars and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Speed Steel Bars. 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- 0.0061%, Mexican share in global exports - 2022
- 1.15%, Mexican share in global imports - 2022
The visualizations show the global market for Speed Steel Bars. 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 Speed Steel Bars were Austria (US$145M), China (US$145M), and France (US$121M). In the same year, the main importing countries for Speed Steel Bars were Germany (US$120M), United States (US$83.1M), and China (US$59.2M).