Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys
Código 741220 (Harmonized System 2012 by 6 digits)
2023: US$354M, Total Trade Exchange
2023: US$93.5M, International Sales
2023: US$260M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys was US$354M.
In 2023, the states with the most international sales in Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were Nuevo León (US$22.3M), Querétaro (US$21.9M), Baja California (US$16.1M), Tamaulipas (US$8.81M), and Estado de México (US$8.35M).
The states with the most international purchases in 2023 were Nuevo León (US$83.9M), Estado de México (US$39.3M), Baja California (US$35.1M), Querétaro (US$24.2M), and Coahuila de Zaragoza (US$19.3M).
In 2023, the main commercial destinations of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were United States (US$88.8M), Japan (US$511k), Guatemala (US$272k), Dominican Republic (US$222k), and Colombia (US$222k).
The main commercial origins of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys in 2023 were United States (US$155M), China (US$52M), India (US$16.1M), United Kingdom (US$6.99M), and Germany (US$5.64M).
In the global context, the main exporting countries of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys in 2022 were China (US$1.57B), Italy (US$867M), and Germany (US$745M). In the same year, the main importing countries of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were United States (US$797M), Germany (US$554M), and France (US$310M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$354M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys in Mexico (including international purchases and sales) was US$354M.
The visualizations show the net balance of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys 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$24.7M, International Purchases
- US$8.19M, International Sales
In July 2024, international sales of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were US$8.19M, while international purchases reached US$24.7M. The above results in a trade balance of -US$16.5M.
Market Concentration
#permalink to section2024-Q3: US$8.12M, International Sales
The visualization shows the quarterly concentration of international sales of Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys at state level.
In the third quarter of 2024, international sales were US$8.12M, being the states with the most sales Nuevo León (US$1.79M), Querétaro (US$1.78M), and Baja California (US$1.34M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$22.3M, State with the Most International Sales (2023)
United States: US$88.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were Nuevo León (US$22.3M), Querétaro (US$21.9M), Baja California (US$16.1M), Tamaulipas (US$8.81M), and Estado de México (US$8.35M).
In 2023, the countries with the most international purchases from Mexico were United States (US$88.8M), Japan (US$511k), Guatemala (US$272k), Dominican Republic (US$222k), and Colombia (US$222k).
International Purchases
#permalink to sectionNuevo León: US$83.9M, State with the Most International Purchases (2023)
United States: US$155M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were Nuevo León (US$83.9M), Estado de México (US$39.3M), Baja California (US$35.1M), Querétaro (US$24.2M), and Coahuila de Zaragoza (US$19.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$155M), China (US$52M), India (US$16.1M), United Kingdom (US$6.99M), and Germany (US$5.64M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys. 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- 1.34%, Mexican share in global exports - 2022
- 3.79%, Mexican share in global imports - 2022
The visualizations show the global market for Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys. 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 Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were China (US$1.57B), Italy (US$867M), and Germany (US$745M). In the same year, the main importing countries for Splices "Fittings", Elbows, Sleeves and other Pipe Fittings, Copper Alloys were United States (US$797M), Germany (US$554M), and France (US$310M).