Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel)
Código 721550 (Harmonized System 2012 by 6 digits)
2024: US$114M, Total Trade Exchange
2024: US$5.96M, International Sales
2024: US$108M, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$844k, State with the Most International Sales (2024)
United States: US$1.68M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel) were Nuevo León (US$844k), Estado de México (US$555k), Chihuahua (US$442k), Baja California (US$145k), and Tamaulipas (US$16.9k).
In 2024, the countries with the most international purchases from Mexico were United States (US$1.68M), Guatemala (US$206k), El Salvador (US$116k), Ecuador (US$11.7k), and Nicaragua (US$353).
International Purchases
#permalink to sectionNuevo León: US$24.7M, State with the Most International Purchases (2024)
United States: US$35.4M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel) were Nuevo León (US$24.7M), Estado de México (US$15.4M), Guanajuato (US$13.8M), San Luis Potosí (US$9.72M), and Coahuila de Zaragoza (US$8.97M).
The countries with the most international sales to Mexico in 2024 were United States (US$35.4M), Spain (US$16M), China (US$11.2M), Turkey (US$8.06M), and Italy (US$5.44M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.18%, Mexican share in global exports - 2022
- 5.61%, Mexican share in global imports - 2022
The visualizations show the global market for Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting 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 Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel) were N/A. In the same year, the main importing countries for Bars of Iron or Non-Alloy Formed or Cold-Finished (Excl. Cutting Steel) were Germany (US$322M), France (US$127M), and Poland (US$119M).