Código 730799 (Harmonized System 2012 by 6 digits)
2023: US$246M, Total Trade Exchange
2023: US$68.3M, International Sales
2023: US$177M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) was US$246M.
In 2023, the states with the most international sales in Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were Nuevo León (US$23.5M), Querétaro (US$9.2M), Chihuahua (US$9.11M), Baja California (US$7.78M), and Ciudad de México (US$6.76M).
The states with the most international purchases in 2023 were Querétaro (US$34.2M), Ciudad de México (US$31.1M), Nuevo León (US$22.2M), San Luis Potosí (US$15.8M), and Coahuila de Zaragoza (US$13.7M).
In 2023, the main commercial destinations of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were United States (US$61.2M), Norway (US$1.84M), Canada (US$1.58M), Colombia (US$986k), and Brazil (US$900k).
The main commercial origins of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) in 2023 were United States (US$95.9M), China (US$27.9M), Italy (US$15.6M), Japan (US$7.49M), and Canada (US$7.09M).
In the global context, the main exporting countries of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) in 2022 were China (US$1.12B), Germany (US$663M), and Italy (US$550M). In the same year, the main importing countries of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were United States (US$628M), Germany (US$410M), and Canada (US$306M).
US$246M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) in Mexico (including international purchases and sales) was US$246M.
The visualizations show the net balance of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) 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.
November, 2024
In November 2024, international sales of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were US$4.29M, while international purchases reached US$13.5M. The above results in a trade balance of -US$9.19M.
2024-Q4: US$9.47M, International Sales
The visualization shows the quarterly concentration of international sales of Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) at state level.
In the fourth quarter of 2024, international sales were US$9.47M, being the states with the most sales Nuevo León (US$4.49M), Chihuahua (US$2.2M), and Baja California (US$999k).
Nuevo León: US$23.5M, State with the Most International Sales (2023)
United States: US$61.2M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were Nuevo León (US$23.5M), Querétaro (US$9.2M), Chihuahua (US$9.11M), Baja California (US$7.78M), and Ciudad de México (US$6.76M).
In 2023, the countries with the most international purchases from Mexico were United States (US$61.2M), Norway (US$1.84M), Canada (US$1.58M), Colombia (US$986k), and Brazil (US$900k).
Querétaro: US$34.2M, State with the Most International Purchases (2023)
United States: US$95.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were Querétaro (US$34.2M), Ciudad de México (US$31.1M), Nuevo León (US$22.2M), San Luis Potosí (US$15.8M), and Coahuila de Zaragoza (US$13.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$95.9M), China (US$27.9M), Italy (US$15.6M), Japan (US$7.49M), and Canada (US$7.09M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings). 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 Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings). 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, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were China (US$1.12B), Germany (US$663M), and Italy (US$550M). In the same year, the main importing countries for Pipe Fittings, of Iron or Steel (Excl. Molded or Stainless Steel, as well as Elbows, Bends and Sleeves Threaded Fittings, Flanges and Butt Weld Fittings) were United States (US$628M), Germany (US$410M), and Canada (US$306M).