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
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).