ProceduresGovernment

Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17)

Código 732010 (Harmonized System 2012 by 6 digits)

 2023: US$577M, Total Trade Exchange

2023: US$536M, International Sales

  2023: US$40.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) was US$577M.

In 2023, the states with the most international sales in Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were Coahuila de Zaragoza (US$514M), Nuevo León (US$10.9M), Estado de México (US$9.64M), Jalisco (US$1.04M), and Chihuahua (US$339k).

The states with the most international purchases in 2023 were Ciudad de México (US$17.8M), Baja California (US$13.2M), Querétaro (US$2.62M), Guanajuato (US$2.45M), and Coahuila de Zaragoza (US$1.76M).

In 2023, the main commercial destinations of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were United States (US$507M), Canada (US$23.9M), Guatemala (US$1.84M), Honduras (US$643k), and El Salvador (US$592k).

The main commercial origins of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) in 2023 were United States (US$13.6M), Canada (US$9.96M), Germany (US$6.21M), Brazil (US$4.29M), and Japan (US$3.06M).

In the global context, the main exporting countries of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) in 2022 were Mexico (US$467M), China (US$267M), and Germany (US$168M). In the same year, the main importing countries of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were United States (US$674M), Germany (US$143M), and China (US$76.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$577M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) in Mexico (including international purchases and sales) was US$577M.

The visualizations show the net balance of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) 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$5.18M, International Purchases
  • US$39.7M, International Sales

In July 2024, international sales of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were US$39.7M, while international purchases reached US$5.18M. The above results in a trade balance of US$34.5M.

Market Concentration

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2024-Q3: US$37.8M, International Sales

The visualization shows the quarterly concentration of international sales of Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) at state level.

In the third quarter of 2024, international sales were US$37.8M, being the states with the most sales Coahuila de Zaragoza (US$37.8M), Ciudad de México (US$21k), and Chihuahua (US$11.9k).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$514M, State with the Most International Sales (2023)

United States: US$507M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were Coahuila de Zaragoza (US$514M), Nuevo León (US$10.9M), Estado de México (US$9.64M), Jalisco (US$1.04M), and Chihuahua (US$339k).

In 2023, the countries with the most international purchases from Mexico were United States (US$507M), Canada (US$23.9M), Guatemala (US$1.84M), Honduras (US$643k), and El Salvador (US$592k).

International Purchases

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Ciudad de México: US$17.8M, State with the Most International Purchases (2023)

United States: US$13.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were Ciudad de México (US$17.8M), Baja California (US$13.2M), Querétaro (US$2.62M), Guanajuato (US$2.45M), and Coahuila de Zaragoza (US$1.76M).

The countries with the most international sales to Mexico in 2023 were United States (US$13.6M), Canada (US$9.96M), Germany (US$6.21M), Brazil (US$4.29M), and Japan (US$3.06M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17). 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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  • 22.6%, Mexican share in global exports - 2022
  • 2.74%, Mexican share in global imports - 2022

The visualizations show the global market for Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17). 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 Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were Mexico (US$467M), China (US$267M), and Germany (US$168M). In the same year, the main importing countries for Springs and Leaves, of Iron or Steel (Excl. Clock and Watch Springs and Torsion Bars Section 17) were United States (US$674M), Germany (US$143M), and China (US$76.4M).