Código 721420 (Harmonized System 2012 by 6 digits)
2024: US$159M, Total Trade Exchange
2024: US$123M, International Sales
2024: US$35.1M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling was US$159M.
In 2024, the states with the most international sales in Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were Nuevo León (US$119M), Baja California (US$27.6k), and Chihuahua (US$24.7k).
The states with the most international purchases in 2024 were Ciudad de México (US$18.1M), Nuevo León (US$8.31M), Estado de México (US$7.67M), Coahuila de Zaragoza (US$625k), and Baja California (US$77k).
In 2024, the main commercial destinations of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were United States (US$97.6M), Guatemala (US$21.7M), Belize (US$98.5k), Honduras (US$23.4k), and Canada (US$1.21k).
The main commercial origins of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling in 2024 were Vietnam (US$23.6M), Portugal (US$6.21M), United States (US$1.56M), Spain (US$1.44M), and Malaysia (US$1.25M).
In the global context, the main exporting countries of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling in 2022 were Turkey (US$3.98B), Italy (US$915M), and Vietnam (US$748M). In the same year, the main importing countries of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were United States (US$1.21B), Hong Kong (US$1.2B), and Israel (US$902M).
US$159M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling in Mexico (including international purchases and sales) was US$159M.
The visualizations show the net balance of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling 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.
March, 2025
In March 2025, international sales of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were US$3.65M, while international purchases reached US$60.5k. The above results in a trade balance of US$3.59M.
2025-Q1: US$17.2M, International Sales
The visualization shows the quarterly concentration of international sales of Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling at state level.
In the first quarter of 2025, international sales were US$17.2M, being the states with the most sales Nuevo León (US$17.2M).
Nuevo León: US$119M, State with the Most International Sales (2024)
United States: US$97.6M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were Nuevo León (US$119M), Baja California (US$27.6k), and Chihuahua (US$24.7k).
In 2024, the countries with the most international purchases from Mexico were United States (US$97.6M), Guatemala (US$21.7M), Belize (US$98.5k), Honduras (US$23.4k), and Canada (US$1.21k).
Ciudad de México: US$18.1M, State with the Most International Purchases (2024)
Vietnam: US$23.6M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were Ciudad de México (US$18.1M), Nuevo León (US$8.31M), Estado de México (US$7.67M), Coahuila de Zaragoza (US$625k), and Baja California (US$77k).
The countries with the most international sales to Mexico in 2024 were Vietnam (US$23.6M), Portugal (US$6.21M), United States (US$1.56M), Spain (US$1.44M), and Malaysia (US$1.25M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling 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 Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling. 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.
The visualizations show the global market for Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling. 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 Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were Turkey (US$3.98B), Italy (US$915M), and Vietnam (US$748M). In the same year, the main importing countries for Bars of Iron or Non-Alloy Steel, with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process or Twisted after Rolling were United States (US$1.21B), Hong Kong (US$1.2B), and Israel (US$902M).