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Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc

Código 730511 (Harmonized System 2012 by 6 digits)

 2023: US$649M, Total Trade Exchange

2023: US$5.62M, International Sales

  2023: US$643M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc was US$649M.

In 2023, the states with the most international sales in Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Ciudad de México (US$577k).

The states with the most international purchases in 2023 were Ciudad de México (US$630M), Tamaulipas (US$3.31M), Nuevo León (US$2.06M), and Estado de México (US$1.31M).

In 2023, the main commercial destinations of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were United States (US$302k), Netherlands (US$263k), and Italy (US$12.6k).

The main commercial origins of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc in 2023 were Germany (US$606M), India (US$19.1M), China (US$4.98M), South Korea (US$4.64M), and Japan (US$642k).

In the global context, the main exporting countries of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc in 2022 were Germany (US$521M), India (US$342M), and South Korea (US$332M). In the same year, the main importing countries of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Indonesia (US$400M), United States (US$259M), and Canada (US$192M).

Trade Balance of Mexico

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Net Trade Balance

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US$649M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc in Mexico (including international purchases and sales) was US$649M.

The visualizations show the net balance of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc 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$881k, International Purchases

In July 2024, international sales of Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were US$0, while international purchases reached US$881k. The above results in a trade balance of -US$881k.

Exchange by Territory

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International Sales

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Ciudad de México: US$577k, State with the Most International Sales (2023)

United States: US$302k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Ciudad de México (US$577k).

In 2023, the countries with the most international purchases from Mexico were United States (US$302k), Netherlands (US$263k), and Italy (US$12.6k).

International Purchases

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Ciudad de México: US$630M, State with the Most International Purchases (2023)

Germany: US$606M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Ciudad de México (US$630M), Tamaulipas (US$3.31M), Nuevo León (US$2.06M), and Estado de México (US$1.31M).

The countries with the most international sales to Mexico in 2023 were Germany (US$606M), India (US$19.1M), China (US$4.98M), South Korea (US$4.64M), and Japan (US$642k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc. 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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  • 0.6%, Mexican share in global exports - 2022
  • 1.39%, Mexican share in global imports - 2022

The visualizations show the global market for Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc. 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 Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Germany (US$521M), India (US$342M), and South Korea (US$332M). In the same year, the main importing countries for Types Tubes Used in Oil and Gas Pipelines, of Circular Cross Section, Od> 406.4Mm, of Iron or Steel, Welded Longitudinally Submerged Arc were Indonesia (US$400M), United States (US$259M), and Canada (US$192M).