Bars Cutting Steel, Non-Alloy Formed or Cold-Finished
Código 721510 (Harmonized System 2012 by 6 digits)
2024: US$37.7M, Total Trade Exchange
2024: US$251k, International Sales
2024: US$37.4M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished was US$37.7M.
In 2024, the states with the most international sales in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Chihuahua (US$118k), Nuevo León (US$39.4k), Sonora (US$2.2k), Baja California (US$984), and Tamaulipas (US$176).
The states with the most international purchases in 2024 were Estado de México (US$13.9M), Nuevo León (US$6.43M), San Luis Potosí (US$4.43M), Querétaro (US$4.43M), and Guanajuato (US$2.69M).
In 2024, the main commercial destinations of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were United States (US$161k).
The main commercial origins of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in 2024 were Spain (US$11.5M), Germany (US$10.2M), United States (US$6.88M), France (US$4.01M), and Italy (US$2.88M).
In the global context, the main exporting countries of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in 2022 were Germany (US$211M), Italy (US$206M), and Switzerland (US$97.5M). In the same year, the main importing countries of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$205M), France (US$107M), and United States (US$72M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$37.7M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished in Mexico (including international purchases and sales) was US$37.7M.
The visualizations show the net balance of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished 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
#permalink to sectionMarch, 2025
- US$2.42M, International Purchases
- US$125k, International Sales
In March 2025, international sales of Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were US$125k, while international purchases reached US$2.42M. The above results in a trade balance of -US$2.3M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$118k, State with the Most International Sales (2024)
United States: US$161k, Main commercial destination (2024)
In 2024, the states with the highest international sales in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Chihuahua (US$118k), Nuevo León (US$39.4k), Sonora (US$2.2k), Baja California (US$984), and Tamaulipas (US$176).
In 2024, the countries with the most international purchases from Mexico were United States (US$161k).
International Purchases
#permalink to sectionEstado de México: US$13.9M, State with the Most International Purchases (2024)
Spain: US$11.5M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Estado de México (US$13.9M), Nuevo León (US$6.43M), San Luis Potosí (US$4.43M), Querétaro (US$4.43M), and Guanajuato (US$2.69M).
The countries with the most international sales to Mexico in 2024 were Spain (US$11.5M), Germany (US$10.2M), United States (US$6.88M), France (US$4.01M), and Italy (US$2.88M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars Cutting Steel, Non-Alloy Formed or Cold-Finished. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.034%, Mexican share in global exports - 2022
- 4.11%, Mexican share in global imports - 2022
The visualizations show the global market for Bars Cutting Steel, Non-Alloy Formed or Cold-Finished. 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 Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$211M), Italy (US$206M), and Switzerland (US$97.5M). In the same year, the main importing countries for Bars Cutting Steel, Non-Alloy Formed or Cold-Finished were Germany (US$205M), France (US$107M), and United States (US$72M).