Código 720441 (Harmonized System 2012 by 6 digits)
2023: US$284M, Total Trade Exchange
2023: US$72.7M, International Sales
2023: US$211M, International Purchases
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Turnings, Shavings "Splinters" Splinters, Filings "Grinding, Sawing, Filing" and Cuts Stampings, Incl. Packages (Exc. Casting, Alloy or of Tinned Iron or Steel) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Turnings, Shavings "Splinters" Splinters, Filings "Grinding, Sawing, Filing" and Cuts Stampings, Incl. Packages (Exc. Casting, Alloy or of Tinned Iron or Steel). 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.
The visualizations show the global market for Turnings, Shavings "Splinters" Splinters, Filings "Grinding, Sawing, Filing" and Cuts Stampings, Incl. Packages (Exc. Casting, Alloy or of Tinned Iron or Steel). 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 Turnings, Shavings "Splinters" Splinters, Filings "Grinding, Sawing, Filing" and Cuts Stampings, Incl. Packages (Exc. Casting, Alloy or of Tinned Iron or Steel) were Germany (US$617M), Canada (US$601M), and Japan (US$428M). In the same year, the main importing countries for Turnings, Shavings "Splinters" Splinters, Filings "Grinding, Sawing, Filing" and Cuts Stampings, Incl. Packages (Exc. Casting, Alloy or of Tinned Iron or Steel) were United States (US$877M), Pakistan (US$389M), and Italy (US$363M).