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Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying

Código 8311 (Harmonized System 2012 by 4 digits)

 2023: US$271M, Total Trade Exchange

2023: US$53.9M, International Sales

  2023: US$218M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying was US$271M.

In 2023, the states with the most international sales in Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were Ciudad de México (US$23.2M), Estado de México (US$17.5M), Nuevo León (US$7.95M), Chihuahua (US$2.25M), and Guanajuato (US$1.58M).

The states with the most international purchases in 2023 were Nuevo León (US$39M), Ciudad de México (US$34.4M), Estado de México (US$22.8M), Baja California (US$22.4M), and Chihuahua (US$16.9M).

In 2023, the main commercial destinations of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were United States (US$22.6M), Nicaragua (US$5.11M), Guatemala (US$4.85M), Costa Rica (US$3.52M), and Peru (US$2.55M).

The main commercial origins of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying in 2023 were United States (US$123M), China (US$24.3M), South Korea (US$20.7M), Vietnam (US$12.4M), and Japan (US$6.97M).

In the global context, the main exporting countries of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying in 2022 were China (US$919M), United States (US$406M), and South Korea (US$234M). In the same year, the main importing countries of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were United States (US$241M), China (US$197M), and Mexico (US$192M).

Trade Balance of Mexico

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Net Trade Balance

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US$271M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying in Mexico (including international purchases and sales) was US$271M.

The visualizations show the net balance of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying 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$17.5M, International Purchases
  • US$4.99M, International Sales

In July 2024, international sales of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were US$4.99M, while international purchases reached US$17.5M. The above results in a trade balance of -US$12.5M.

Market Concentration

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2024-Q3: US$4.96M, International Sales

The visualization shows the quarterly concentration of international sales of Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying at state level.

In the third quarter of 2024, international sales were US$4.96M, being the states with the most sales Ciudad de México (US$2.47M), Estado de México (US$1.43M), and Nuevo León (US$748k).

Exchange by Territory

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International Sales

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Ciudad de México: US$23.2M, State with the Most International Sales (2023)

United States: US$22.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were Ciudad de México (US$23.2M), Estado de México (US$17.5M), Nuevo León (US$7.95M), Chihuahua (US$2.25M), and Guanajuato (US$1.58M).

In 2023, the countries with the most international purchases from Mexico were United States (US$22.6M), Nicaragua (US$5.11M), Guatemala (US$4.85M), Costa Rica (US$3.52M), and Peru (US$2.55M).

International Purchases

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Nuevo León: US$39M, State with the Most International Purchases (2023)

United States: US$123M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were Nuevo León (US$39M), Ciudad de México (US$34.4M), Estado de México (US$22.8M), Baja California (US$22.4M), and Chihuahua (US$16.9M).

The countries with the most international sales to Mexico in 2023 were United States (US$123M), China (US$24.3M), South Korea (US$20.7M), Vietnam (US$12.4M), and Japan (US$6.97M).

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 Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying  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 Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying. 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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  • 1.36%, Mexican share in global exports - 2022
  • 5.09%, Mexican share in global imports - 2022

The visualizations show the global market for Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying. 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 Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were China (US$919M), United States (US$406M), and South Korea (US$234M). In the same year, the main importing countries for Wires, Rods, Tubes, Plates, Electrodes and Similar Products of Base Metal or Metal Carbide, Coated or Stuffed with Strippers O Fluxes, Welding or Deposition of Metal or Metal Carbide; Wires and Rods, of Agglomerated Base Metal Powder, for Metal Spraying were United States (US$241M), China (US$197M), and Mexico (US$192M).