ProceduresGovernment

Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal)

Código 831130 (Harmonized System 2012 by 6 digits)

 2024: US$21.1M, Total Trade Exchange

2024: US$1.23M, International Sales

  2024: US$19.8M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) was US$21.1M.

In 2024, the states with the most international sales in Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were Estado de México (US$611k), San Luis Potosí (US$136k), Tamaulipas (US$123k), Ciudad de México (US$95.8k), and Nuevo León (US$88.2k).

The states with the most international purchases in 2024 were Coahuila de Zaragoza (US$3.4M), Nuevo León (US$3.17M), Chihuahua (US$2.93M), Baja California (US$2.6M), and Guanajuato (US$1.54M).

In 2024, the main commercial destinations of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were United States (US$588k), China (US$136k), Ecuador (US$65.5k), Colombia (US$47.7k), and United Arab Emirates (US$42.7k).

The main commercial origins of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) in 2024 were United States (US$14M), Japan (US$1.59M), China (US$1.38M), Germany (US$909k), and Canada (US$388k).

In the global context, the main exporting countries of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) in 2022 were China (US$193M), United States (US$46.8M), and Germany (US$37.8M). In the same year, the main importing countries of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were Vietnam (US$53.9M), Indonesia (US$31.6M), and United States (US$31.1M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$21.1M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) in Mexico (including international purchases and sales) was US$21.1M.

The visualizations show the net balance of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) 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 section

March, 2025

  • US$1.32M, International Purchases
  • US$31k, International Sales

In March 2025, international sales of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were US$31k, while international purchases reached US$1.32M. The above results in a trade balance of -US$1.29M.

Market Concentration

#permalink to section

2025-Q1: US$24.8k, International Sales

The visualization shows the quarterly concentration of international sales of Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) at state level.

In the first quarter of 2025, international sales were US$24.8k, being the states with the most sales Sonora (US$18.1k) and San Luis Potosí (US$6.66k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Estado de México: US$611k, State with the Most International Sales (2024)

United States: US$588k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were Estado de México (US$611k), San Luis Potosí (US$136k), Tamaulipas (US$123k), Ciudad de México (US$95.8k), and Nuevo León (US$88.2k).

In 2024, the countries with the most international purchases from Mexico were United States (US$588k), China (US$136k), Ecuador (US$65.5k), Colombia (US$47.7k), and United Arab Emirates (US$42.7k).

International Purchases

#permalink to section

Coahuila de Zaragoza: US$3.4M, State with the Most International Purchases (2024)

United States: US$14M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were Coahuila de Zaragoza (US$3.4M), Nuevo León (US$3.17M), Chihuahua (US$2.93M), Baja California (US$2.6M), and Guanajuato (US$1.54M).

The countries with the most international sales to Mexico in 2024 were United States (US$14M), Japan (US$1.59M), China (US$1.38M), Germany (US$909k), and Canada (US$388k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal). 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

#permalink to section

  • 1%, Mexican share in global exports - 2022
  • 4.67%, Mexican share in global imports - 2022

The visualizations show the global market for Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal). 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 Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were China (US$193M), United States (US$46.8M), and Germany (US$37.8M). In the same year, the main importing countries for Coated Rods and Wire "Fill" to Weld the Blowpipe, of Base Metal (Excl. Wires and Rods Fills in Which, Apart from the Flux Material, Welding Contains> = 2% by Weight of a Precious Metal) were Vietnam (US$53.9M), Indonesia (US$31.6M), and United States (US$31.1M).