ProceduresGovernment

Springs (Springs) Springs and Leaves, of Iron or Steel

Código 7320 (Harmonized System 2012 by 4 digits)

 2023: US$1.38B, Total Trade Exchange

2023: US$755M, International Sales

  2023: US$621M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Springs (Springs) Springs and Leaves, of Iron or Steel was US$1.38B.

In 2023, the states with the most international sales in Springs (Springs) Springs and Leaves, of Iron or Steel were Coahuila de Zaragoza (US$605M), Guanajuato (US$33.5M), San Luis Potosí (US$24.3M), Ciudad de México (US$21.1M), and Nuevo León (US$18.2M).

The states with the most international purchases in 2023 were Baja California (US$84.8M), Ciudad de México (US$72.2M), Chihuahua (US$71.4M), Nuevo León (US$61.1M), and Coahuila de Zaragoza (US$57.1M).

In 2023, the main commercial destinations of Springs (Springs) Springs and Leaves, of Iron or Steel were United States (US$703M), Canada (US$34.4M), China (US$2.02M), Guatemala (US$1.99M), and Argentina (US$1.67M).

The main commercial origins of Springs (Springs) Springs and Leaves, of Iron or Steel in 2023 were United States (US$377M), China (US$69.1M), Germany (US$38M), Canada (US$33.2M), and Japan (US$30.8M).

In the global context, the main exporting countries of Springs (Springs) Springs and Leaves, of Iron or Steel in 2022 were Germany (US$1.47B), China (US$932M), and United States (US$836M). In the same year, the main importing countries of Springs (Springs) Springs and Leaves, of Iron or Steel were United States (US$1.43B), Germany (US$627M), and Mexico (US$602M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.38B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Springs (Springs) Springs and Leaves, of Iron or Steel in Mexico (including international purchases and sales) was US$1.38B.

The visualizations show the net balance of Springs (Springs) Springs and Leaves, of Iron or Steel 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$58.3M, International Purchases
  • US$58.2M, International Sales

In July 2024, international sales of Springs (Springs) Springs and Leaves, of Iron or Steel were US$58.2M, while international purchases reached US$58.3M. The above results in a trade balance of -US$25.9k.

Market Concentration

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2024-Q3: US$58.2M, International Sales

The visualization shows the quarterly concentration of international sales of Springs (Springs) Springs and Leaves, of Iron or Steel at state level.

In the third quarter of 2024, international sales were US$58.2M, being the states with the most sales Coahuila de Zaragoza (US$45.8M), Guanajuato (US$2.51M), and Nuevo León (US$2.44M).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$605M, State with the Most International Sales (2023)

United States: US$703M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Springs (Springs) Springs and Leaves, of Iron or Steel were Coahuila de Zaragoza (US$605M), Guanajuato (US$33.5M), San Luis Potosí (US$24.3M), Ciudad de México (US$21.1M), and Nuevo León (US$18.2M).

In 2023, the countries with the most international purchases from Mexico were United States (US$703M), Canada (US$34.4M), China (US$2.02M), Guatemala (US$1.99M), and Argentina (US$1.67M).

International Purchases

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Baja California: US$84.8M, State with the Most International Purchases (2023)

United States: US$377M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Springs (Springs) Springs and Leaves, of Iron or Steel were Baja California (US$84.8M), Ciudad de México (US$72.2M), Chihuahua (US$71.4M), Nuevo León (US$61.1M), and Coahuila de Zaragoza (US$57.1M).

The countries with the most international sales to Mexico in 2023 were United States (US$377M), China (US$69.1M), Germany (US$38M), Canada (US$33.2M), and Japan (US$30.8M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Springs (Springs) Springs and Leaves, of Iron or Steel  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Springs (Springs) Springs and Leaves, of Iron or Steel. 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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  • 9.73%, Mexican share in global exports - 2022
  • 7.63%, Mexican share in global imports - 2022

The visualizations show the global market for Springs (Springs) Springs and Leaves, of Iron or Steel. 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 Springs (Springs) Springs and Leaves, of Iron or Steel were Germany (US$1.47B), China (US$932M), and United States (US$836M). In the same year, the main importing countries for Springs (Springs) Springs and Leaves, of Iron or Steel were United States (US$1.43B), Germany (US$627M), and Mexico (US$602M).