ProceduresGovernment

Tapping Screws, of Iron or Steel (Excl. Wood Screws)

Código 731814 (Harmonized System 2012 by 6 digits)

 2023: US$104M, Total Trade Exchange

2023: US$6.96M, International Sales

  2023: US$96.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tapping Screws, of Iron or Steel (Excl. Wood Screws) was US$104M.

In 2023, the states with the most international sales in Tapping Screws, of Iron or Steel (Excl. Wood Screws) were Tamaulipas (US$3.65M), Estado de México (US$1.38M), Sonora (US$327k), Nuevo León (US$308k), and Baja California (US$290k).

The states with the most international purchases in 2023 were Estado de México (US$21.6M), Nuevo León (US$13.9M), Ciudad de México (US$11.8M), Chihuahua (US$7.77M), and Jalisco (US$7.34M).

In 2023, the main commercial destinations of Tapping Screws, of Iron or Steel (Excl. Wood Screws) were United States (US$4.83M), Guatemala (US$619k), El Salvador (US$316k), Honduras (US$308k), and Colombia (US$163k).

The main commercial origins of Tapping Screws, of Iron or Steel (Excl. Wood Screws) in 2023 were China (US$37.5M), United States (US$25.7M), Taiwan (Republic of China) (US$23.6M), Germany (US$2M), and Japan (US$1.56M).

In the global context, the main exporting countries of Tapping Screws, of Iron or Steel (Excl. Wood Screws) in 2022 were Taiwan (Republic of China) (US$1.5B), China (US$1.01B), and Germany (US$721M). In the same year, the main importing countries of Tapping Screws, of Iron or Steel (Excl. Wood Screws) were United States (US$782M), Germany (US$596M), and France (US$180M).

Trade Balance of Mexico

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Net Trade Balance

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US$104M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tapping Screws, of Iron or Steel (Excl. Wood Screws) in Mexico (including international purchases and sales) was US$104M.

The visualizations show the net balance of Tapping Screws, of Iron or Steel (Excl. Wood Screws) 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$8.32M, International Purchases
  • US$516k, International Sales

In July 2024, international sales of Tapping Screws, of Iron or Steel (Excl. Wood Screws) were US$516k, while international purchases reached US$8.32M. The above results in a trade balance of -US$7.81M.

Market Concentration

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2024-Q3: US$335k, International Sales

The visualization shows the quarterly concentration of international sales of Tapping Screws, of Iron or Steel (Excl. Wood Screws) at state level.

In the third quarter of 2024, international sales were US$335k, being the states with the most sales Tamaulipas (US$254k), Chihuahua (US$18.1k), and Ciudad de México (US$13.4k).

Exchange by Territory

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International Sales

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Tamaulipas: US$3.65M, State with the Most International Sales (2023)

United States: US$4.83M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Tapping Screws, of Iron or Steel (Excl. Wood Screws) were Tamaulipas (US$3.65M), Estado de México (US$1.38M), Sonora (US$327k), Nuevo León (US$308k), and Baja California (US$290k).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.83M), Guatemala (US$619k), El Salvador (US$316k), Honduras (US$308k), and Colombia (US$163k).

International Purchases

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Estado de México: US$21.6M, State with the Most International Purchases (2023)

China: US$37.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tapping Screws, of Iron or Steel (Excl. Wood Screws) were Estado de México (US$21.6M), Nuevo León (US$13.9M), Ciudad de México (US$11.8M), Chihuahua (US$7.77M), and Jalisco (US$7.34M).

The countries with the most international sales to Mexico in 2023 were China (US$37.5M), United States (US$25.7M), Taiwan (Republic of China) (US$23.6M), Germany (US$2M), and Japan (US$1.56M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tapping Screws, of Iron or Steel (Excl. Wood Screws)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tapping Screws, of Iron or Steel (Excl. Wood Screws). 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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  • 0.086%, Mexican share in global exports - 2022
  • 2.78%, Mexican share in global imports - 2022

The visualizations show the global market for Tapping Screws, of Iron or Steel (Excl. Wood Screws). 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 Tapping Screws, of Iron or Steel (Excl. Wood Screws) were Taiwan (Republic of China) (US$1.5B), China (US$1.01B), and Germany (US$721M). In the same year, the main importing countries for Tapping Screws, of Iron or Steel (Excl. Wood Screws) were United States (US$782M), Germany (US$596M), and France (US$180M).