ProceduresGovernment

U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm

Código 721610 (Harmonized System 2012 by 6 digits)

 2023: US$35.7M, Total Trade Exchange

2023: US$24.4M, International Sales

  2023: US$11.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm was US$35.7M.

In 2023, the states with the most international sales in U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Nuevo León (US$18.5M), Tamaulipas (US$2.94M), and Baja California (US$187k).

The states with the most international purchases in 2023 were Baja California (US$4.05M), Chihuahua (US$3.94M), Nuevo León (US$2.05M), Coahuila de Zaragoza (US$858k), and Ciudad de México (US$107k).

In 2023, the main commercial destinations of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were United States (US$21.3M), Panama (US$179k), Puerto Rico (US$122k), Guatemala (US$52.2k), and Colombia (US$46.3k).

The main commercial origins of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in 2023 were United States (US$9.01M), Canada (US$1.73M), China (US$266k), Japan (US$56.9k), and Turkey (US$45.9k).

In the global context, the main exporting countries of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in 2022 were Bahrain (US$260M), China (US$82.1M), and Turkey (US$53.6M). In the same year, the main importing countries of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Morocco (US$67.2M), United States (US$62.5M), and South Korea (US$58.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$35.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm in Mexico (including international purchases and sales) was US$35.7M.

The visualizations show the net balance of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm 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$744k, International Purchases
  • US$1.5M, International Sales

In July 2024, international sales of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were US$1.5M, while international purchases reached US$744k. The above results in a trade balance of US$759k.

Market Concentration

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2024-Q3: US$1.48M, International Sales

The visualization shows the quarterly concentration of international sales of U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm at state level.

In the third quarter of 2024, international sales were US$1.48M, being the states with the most sales Nuevo León (US$1.48M).

Exchange by Territory

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International Sales

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Nuevo León: US$18.5M, State with the Most International Sales (2023)

United States: US$21.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Nuevo León (US$18.5M), Tamaulipas (US$2.94M), and Baja California (US$187k).

In 2023, the countries with the most international purchases from Mexico were United States (US$21.3M), Panama (US$179k), Puerto Rico (US$122k), Guatemala (US$52.2k), and Colombia (US$46.3k).

International Purchases

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Baja California: US$4.05M, State with the Most International Purchases (2023)

United States: US$9.01M, Main Commercial Origin (2023)

In 2023, the states with the highest international in U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Baja California (US$4.05M), Chihuahua (US$3.94M), Nuevo León (US$2.05M), Coahuila de Zaragoza (US$858k), and Ciudad de México (US$107k).

The countries with the most international sales to Mexico in 2023 were United States (US$9.01M), Canada (US$1.73M), China (US$266k), Japan (US$56.9k), and Turkey (US$45.9k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm. 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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  • 2.87%, Mexican share in global exports - 2022
  • 1.61%, Mexican share in global imports - 2022

The visualizations show the global market for U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm. 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 U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Bahrain (US$260M), China (US$82.1M), and Turkey (US$53.6M). In the same year, the main importing countries for U, i or H, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height <80 Mm were Morocco (US$67.2M), United States (US$62.5M), and South Korea (US$58.7M).