Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel
Código 7307 (Harmonized System 2012 by 4 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$121M, State with the Most International Sales (2024)
United States: US$285M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel were Veracruz de Ignacio de la Llave (US$121M), Nuevo León (US$61.9M), Ciudad de México (US$47.3M), Chihuahua (US$38.1M), and Baja California (US$17.9M).
In 2024, the countries with the most international purchases from Mexico were United States (US$285M), Canada (US$28.8M), Saudi Arabia (US$4.88M), Brazil (US$2.03M), and United Arab Emirates (US$1.84M).
International Purchases
#permalink to sectionNuevo León: US$154M, State with the Most International Purchases (2024)
United States: US$338M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel were Nuevo León (US$154M), Ciudad de México (US$85.6M), Chihuahua (US$66.4M), Coahuila de Zaragoza (US$55.8M), and Querétaro (US$54.7M).
The countries with the most international sales to Mexico in 2024 were United States (US$338M), China (US$192M), India (US$31.3M), Italy (US$25.7M), and Japan (US$22.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or 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- 1.2%, Mexican share in global exports - 2022
- 2.86%, Mexican share in global imports - 2022
The visualizations show the global market for Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or 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 Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel were China (US$6.45B), United States (US$2.06B), and Italy (US$2.05B). In the same year, the main importing countries for Pipe Fittings (For Example Couplings (Fittings), Elbows, Sleeves), of Iron or Steel were United States (US$3.44B), Germany (US$1.8B), and Canada (US$1.09B).