Código 720299 (Harmonized System 2012 by 6 digits)
2024: US$13.6M, Total Trade Exchange
2024: US$2.52M, International Sales
2024: US$11.1M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) was US$13.6M.
In 2023, the states with the most international sales in Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were Nuevo León (US$88.8k).
The states with the most international purchases in 2024 were Nuevo León (US$6.2M), Tamaulipas (US$385k), and Ciudad de México (US$118k).
In 2023, the main commercial destinations of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were Spain (US$77.7k), Venezuela (US$11k), and Brazil (US$72).
The main commercial origins of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) in 2024 were China (US$2.22M), Spain (US$1.94M), United States (US$939k), Germany (US$924k), and Brazil (US$427k).
In the global context, the main exporting countries of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) in 2022 were China (US$377M), Brazil (US$223M), and Malaysia (US$57.5M). In the same year, the main importing countries of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were China (US$171M), Japan (US$156M), and United States (US$73.2M).
US$13.6M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) in Mexico (including international purchases and sales) was US$13.6M.
The visualizations show the net balance of Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) 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 Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were US$74.9k, while international purchases reached US$544k. The above results in a trade balance of -US$469k.
Nuevo León: US$88.8k, State with the Most International Sales (2023)
Spain: US$77.7k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were Nuevo León (US$88.8k).
In 2023, the countries with the most international purchases from Mexico were Spain (US$77.7k), Venezuela (US$11k), and Brazil (US$72).
Nuevo León: US$6.2M, State with the Most International Purchases (2024)
China: US$2.22M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were Nuevo León (US$6.2M), Tamaulipas (US$385k), and Ciudad de México (US$118k).
The countries with the most international sales to Mexico in 2024 were China (US$2.22M), Spain (US$1.94M), United States (US$939k), Germany (US$924k), and Brazil (US$427k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium). 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 Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium). 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 Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were China (US$377M), Brazil (US$223M), and Malaysia (US$57.5M). In the same year, the main importing countries for Ferroalloys (Exc. Ferromanganese, Ferrosilicon, Ferro-Silico-Manganese, Ferrochrome, Ferro-Silico-Corm, Ferronickel, Ferromolybdenum, Ferrovolframio "Tungsten" Ferro-Silico-Tungsten "Tungsten", Ferrotitanium, Ferro-Silico-Titanium, Ferrovanadium and Niobium) were China (US$171M), Japan (US$156M), and United States (US$73.2M).