ProceduresGovernment

Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric)

Código 720449 (Harmonized System 2012 by 6 digits)

 2023: US$880M, Total Trade Exchange

2023: US$49.9M, International Sales

  2023: US$830M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) was US$880M.

In 2023, the states with the most international sales in Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were Chihuahua (US$26.1M), Baja California (US$15.6M), Tamaulipas (US$4.61M), Nuevo León (US$938k), and Guanajuato (US$404k).

The states with the most international purchases in 2023 were Nuevo León (US$525M), San Luis Potosí (US$85.7M), Tamaulipas (US$31.8M), Coahuila de Zaragoza (US$7.74M), and Baja California (US$4.46M).

In 2023, the main commercial destinations of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were United States (US$44M), Taiwan (Republic of China) (US$2.71M), Vietnam (US$696k), India (US$496k), and Malaysia (US$72k).

The main commercial origins of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) in 2023 were United States (US$605M), Canada (US$30.5M), France (US$13.5M), Puerto Rico (US$7.76M), and Peru (US$395k).

In the global context, the main exporting countries of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) in 2022 were United States (US$6.71B), United Kingdom (US$3.19B), and Japan (US$2.52B). In the same year, the main importing countries of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were Turkey (US$8.89B), India (US$3.11B), and South Korea (US$2.04B).

Trade Balance of Mexico

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Net Trade Balance

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US$880M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) in Mexico (including international purchases and sales) was US$880M.

The visualizations show the net balance of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) 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$42.6M, International Purchases
  • US$5.01M, International Sales

In July 2024, international sales of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were US$5.01M, while international purchases reached US$42.6M. The above results in a trade balance of -US$37.5M.

Market Concentration

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2024-Q3: US$4.83M, International Sales

The visualization shows the quarterly concentration of international sales of Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) at state level.

In the third quarter of 2024, international sales were US$4.83M, being the states with the most sales Chihuahua (US$2.15M), Baja California (US$1.79M), and Tamaulipas (US$694k).

Exchange by Territory

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International Sales

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Chihuahua: US$26.1M, State with the Most International Sales (2023)

United States: US$44M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were Chihuahua (US$26.1M), Baja California (US$15.6M), Tamaulipas (US$4.61M), Nuevo León (US$938k), and Guanajuato (US$404k).

In 2023, the countries with the most international purchases from Mexico were United States (US$44M), Taiwan (Republic of China) (US$2.71M), Vietnam (US$696k), India (US$496k), and Malaysia (US$72k).

International Purchases

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Nuevo León: US$525M, State with the Most International Purchases (2023)

United States: US$605M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were Nuevo León (US$525M), San Luis Potosí (US$85.7M), Tamaulipas (US$31.8M), Coahuila de Zaragoza (US$7.74M), and Baja California (US$4.46M).

The countries with the most international sales to Mexico in 2023 were United States (US$605M), Canada (US$30.5M), France (US$13.5M), Puerto Rico (US$7.76M), and Peru (US$395k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric). 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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  • 0.2%, Mexican share in global exports - 2022
  • 2.91%, Mexican share in global imports - 2022

The visualizations show the global market for Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric). 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 Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were United States (US$6.71B), United Kingdom (US$3.19B), and Japan (US$2.52B). In the same year, the main importing countries for Waste and Scrap "Scrap", of Iron or Steel (Exc Dross, Scalings and other Wastes from the Manufacture of Foundry;. Waste and Radioactive Waste; Cuts from Breakage of Pigs, Blocks or other Primary Foundry Unwrought O Spiegeleisen; Waste and Scrap of Cast Iron, Alloy or of Tinned Iron or Steel; Turnings, Shavings, Chips, Filings and Cuttings Stampings, Waste and Scrap of Primary Cells, Batteries and Accumulators Electric) were Turkey (US$8.89B), India (US$3.11B), and South Korea (US$2.04B).