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Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C

Código 831190 (Harmonized System 2012 by 6 digits)

 2023: US$63.8M, Total Trade Exchange

2023: US$7.25M, International Sales

  2023: US$56.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C was US$63.8M.

In 2023, the states with the most international sales in Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were Nuevo León (US$3.47M), Chihuahua (US$2.11M), Estado de México (US$1.04M), Sonora (US$171k), and Tamaulipas (US$136k).

The states with the most international purchases in 2023 were Chihuahua (US$8.66M), Baja California (US$8.46M), Nuevo León (US$7.95M), Tamaulipas (US$5.13M), and Querétaro (US$4.13M).

In 2023, the main commercial destinations of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were United States (US$6.26M), Canada (US$199k), Slovakia (US$137k), Guatemala (US$98.6k), and Dominican Republic (US$79.6k).

The main commercial origins of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C in 2023 were United States (US$32.4M), Vietnam (US$4.01M), China (US$3.84M), South Korea (US$3.64M), and Japan (US$2.94M).

In the global context, the main exporting countries of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C in 2022 were China (US$112M), United States (US$70.3M), and Italy (US$48.9M). In the same year, the main importing countries of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were United States (US$66.1M), Mexico (US$57M), and Netherlands (US$53.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$63.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C in Mexico (including international purchases and sales) was US$63.8M.

The visualizations show the net balance of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C 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$4.85M, International Purchases
  • US$801k, International Sales

In July 2024, international sales of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were US$801k, while international purchases reached US$4.85M. The above results in a trade balance of -US$4.05M.

Market Concentration

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2024-Q3: US$797k, International Sales

The visualization shows the quarterly concentration of international sales of Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C at state level.

In the third quarter of 2024, international sales were US$797k, being the states with the most sales Nuevo León (US$439k), Chihuahua (US$289k), and Estado de México (US$55.5k).

Exchange by Territory

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International Sales

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Nuevo León: US$3.47M, State with the Most International Sales (2023)

United States: US$6.26M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were Nuevo León (US$3.47M), Chihuahua (US$2.11M), Estado de México (US$1.04M), Sonora (US$171k), and Tamaulipas (US$136k).

In 2023, the countries with the most international purchases from Mexico were United States (US$6.26M), Canada (US$199k), Slovakia (US$137k), Guatemala (US$98.6k), and Dominican Republic (US$79.6k).

International Purchases

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Chihuahua: US$8.66M, State with the Most International Purchases (2023)

United States: US$32.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were Chihuahua (US$8.66M), Baja California (US$8.46M), Nuevo León (US$7.95M), Tamaulipas (US$5.13M), and Querétaro (US$4.13M).

The countries with the most international sales to Mexico in 2023 were United States (US$32.4M), Vietnam (US$4.01M), China (US$3.84M), South Korea (US$3.64M), and Japan (US$2.94M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C. 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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  • 1.31%, Mexican share in global exports - 2022
  • 8.95%, Mexican share in global imports - 2022

The visualizations show the global market for Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C. 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 Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were China (US$112M), United States (US$70.3M), and Italy (US$48.9M). In the same year, the main importing countries for Wires, Rods, Tubes, Plates, Electrodes and Similar Articles., of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide, N.C.O.P .; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying, Incl. Parts of Goods of Heading 8311, N.E.C were United States (US$66.1M), Mexico (US$57M), and Netherlands (US$53.7M).