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Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas)

Código 730439 (Harmonized System 2012 by 6 digits)

 2024: US$63.6M, Total Trade Exchange

2024: US$30.3M, International Sales

  2024: US$33.4M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) was US$63.6M.

In 2024, the states with the most international sales in Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Estado de México (US$9.24M), Ciudad de México (US$1.25M), Nuevo León (US$1.23M), Baja California (US$221k), and Jalisco (US$65.7k).

The states with the most international purchases in 2024 were Estado de México (US$6.19M), Veracruz de Ignacio de la Llave (US$5.67M), Nuevo León (US$4.75M), Baja California (US$4.75M), and Guanajuato (US$3.51M).

In 2024, the main commercial destinations of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Panama (US$9.31M), United States (US$2.53M), Bolivia (US$89.1k), Ecuador (US$49.5k), and Guatemala (US$26k).

The main commercial origins of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) in 2024 were China (US$14M), United States (US$8.67M), Argentina (US$3.82M), Romania (US$2.47M), and Italy (US$749k).

In the global context, the main exporting countries of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) in 2022 were China (US$1.21B), Germany (US$537M), and Romania (US$343M). In the same year, the main importing countries of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Italy (US$396M), Germany (US$388M), and Turkey (US$243M).

Trade Balance of Mexico

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Net Trade Balance

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US$63.6M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) in Mexico (including international purchases and sales) was US$63.6M.

The visualizations show the net balance of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) 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

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March, 2025

  • US$2.85M, International Purchases
  • US$6.97M, International Sales

In March 2025, international sales of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were US$6.97M, while international purchases reached US$2.85M. The above results in a trade balance of US$4.12M.

Market Concentration

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2025-Q1: US$183k, International Sales

The visualization shows the quarterly concentration of international sales of Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) at state level.

In the first quarter of 2025, international sales were US$183k, being the states with the most sales Nuevo León (US$149k), Baja California (US$20.3k), and Ciudad de México (US$14k).

Exchange by Territory

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International Sales

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Estado de México: US$9.24M, State with the Most International Sales (2024)

Panama: US$9.31M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Estado de México (US$9.24M), Ciudad de México (US$1.25M), Nuevo León (US$1.23M), Baja California (US$221k), and Jalisco (US$65.7k).

In 2024, the countries with the most international purchases from Mexico were Panama (US$9.31M), United States (US$2.53M), Bolivia (US$89.1k), Ecuador (US$49.5k), and Guatemala (US$26k).

International Purchases

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Estado de México: US$6.19M, State with the Most International Purchases (2024)

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

In 2024, the states with the highest international in Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Estado de México (US$6.19M), Veracruz de Ignacio de la Llave (US$5.67M), Nuevo León (US$4.75M), Baja California (US$4.75M), and Guanajuato (US$3.51M).

The countries with the most international sales to Mexico in 2024 were China (US$14M), United States (US$8.67M), Argentina (US$3.82M), Romania (US$2.47M), and Italy (US$749k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas). 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

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  • 0.75%, Mexican share in global exports - 2022
  • 1.19%, Mexican share in global imports - 2022

The visualizations show the global market for Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas). 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 Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were China (US$1.21B), Germany (US$537M), and Romania (US$343M). In the same year, the main importing countries for Pipes and Hollow Profiles, Seamless, of Circular Cross Section, of Iron or Non-Alloy-Drawn or Cold-Rolled (Exc. Foundry, as well as Pipes of a Kind Used in Oil or Gas Pipelines from those Used for the Extracting Oil or Gas) were Italy (US$396M), Germany (US$388M), and Turkey (US$243M).