ProceduresGovernment

U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm

Código 721631 (Harmonized System 2012 by 6 digits)

 2023: US$77.4M, Total Trade Exchange

2023: US$53.9M, International Sales

  2023: US$23.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm was US$77.4M.

In 2023, the states with the most international sales in U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$44.2M), Tamaulipas (US$4.21M), Estado de México (US$39k), and Baja California (US$13.4k).

The states with the most international purchases in 2023 were Nuevo León (US$9.22M), Chihuahua (US$4.65M), Ciudad de México (US$2.4M), Baja California (US$1.98M), and Coahuila de Zaragoza (US$733k).

In 2023, the main commercial destinations of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were United States (US$46.9M), Colombia (US$767k), Guatemala (US$370k), Puerto Rico (US$136k), and Peru (US$131k).

The main commercial origins of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in 2023 were United States (US$16.2M), Germany (US$1.97M), Turkey (US$1.17M), Japan (US$475k), and Canada (US$260k).

In the global context, the main exporting countries of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in 2022 were Turkey (US$275M), Spain (US$228M), and China (US$211M). In the same year, the main importing countries of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were United States (US$113M), Germany (US$100M), and France (US$94.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$77.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm in Mexico (including international purchases and sales) was US$77.4M.

The visualizations show the net balance of U, 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$1.33M, International Purchases
  • US$3.03M, International Sales

In July 2024, international sales of U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were US$3.03M, while international purchases reached US$1.33M. The above results in a trade balance of US$1.7M.

Market Concentration

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2024-Q3: US$21.7k, International Sales

The visualization shows the quarterly concentration of international sales of U, 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$21.7k, being the states with the most sales Ciudad de México (US$21.7k).

Exchange by Territory

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International Sales

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Nuevo León: US$44.2M, State with the Most International Sales (2023)

United States: US$46.9M, Main commercial destination (2023)

In 2023, the states with the highest international sales in U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$44.2M), Tamaulipas (US$4.21M), Estado de México (US$39k), and Baja California (US$13.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$46.9M), Colombia (US$767k), Guatemala (US$370k), Puerto Rico (US$136k), and Peru (US$131k).

International Purchases

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Nuevo León: US$9.22M, State with the Most International Purchases (2023)

United States: US$16.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Nuevo León (US$9.22M), Chihuahua (US$4.65M), Ciudad de México (US$2.4M), Baja California (US$1.98M), and Coahuila de Zaragoza (US$733k).

The countries with the most international sales to Mexico in 2023 were United States (US$16.2M), Germany (US$1.97M), Turkey (US$1.17M), Japan (US$475k), and Canada (US$260k).

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, 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, 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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  • 3.3%, Mexican share in global exports - 2022
  • 1.26%, Mexican share in global imports - 2022

The visualizations show the global market for U, 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, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were Turkey (US$275M), Spain (US$228M), and China (US$211M). In the same year, the main importing countries for U, of Iron or Non-Alloy Hot-Rolled or Extruded, of a Height> = 80 Mm were United States (US$113M), Germany (US$100M), and France (US$94.3M).