ProceduresGovernment

Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T)

Código 721650 (Harmonized System 2012 by 6 digits)

 2024: US$22.4M, Total Trade Exchange

2024: US$15.6M, International Sales

  2024: US$6.75M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) was US$22.4M.

In 2024, the states with the most international sales in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Nuevo León (US$14.9M), Ciudad de México (US$272k), and Baja California (US$26.2k).

The states with the most international purchases in 2024 were Baja California (US$511k), Nuevo León (US$282k), Coahuila de Zaragoza (US$68k), and Guanajuato (US$18.7k).

In 2024, the main commercial destinations of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$14.7M), Guatemala (US$245k), Cuba (US$209k), El Salvador (US$24.8k), and Chile (US$12.5k).

The main commercial origins of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in 2024 were United States (US$685k), Brazil (US$73.7k), China (US$44.9k), Canada (US$42.2k), and Germany (US$16.4k).

In the global context, the main exporting countries of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in 2022 were Turkey (US$327M), China (US$202M), and Germany (US$177M). In the same year, the main importing countries of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$108M), Indonesia (US$101M), and Kazakhstan (US$97.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$22.4M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) in Mexico (including international purchases and sales) was US$22.4M.

The visualizations show the net balance of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) 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$435k, International Purchases
  • US$1.28M, International Sales

In March 2025, international sales of Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were US$1.28M, while international purchases reached US$435k. The above results in a trade balance of US$848k.

Exchange by Territory

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International Sales

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Nuevo León: US$14.9M, State with the Most International Sales (2024)

United States: US$14.7M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Nuevo León (US$14.9M), Ciudad de México (US$272k), and Baja California (US$26.2k).

In 2024, the countries with the most international purchases from Mexico were United States (US$14.7M), Guatemala (US$245k), Cuba (US$209k), El Salvador (US$24.8k), and Chile (US$12.5k).

International Purchases

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Baja California: US$511k, State with the Most International Purchases (2024)

United States: US$685k, Main Commercial Origin (2024)

In 2024, the states with the highest international in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Baja California (US$511k), Nuevo León (US$282k), Coahuila de Zaragoza (US$68k), and Guanajuato (US$18.7k).

The countries with the most international sales to Mexico in 2024 were United States (US$685k), Brazil (US$73.7k), China (US$44.9k), Canada (US$42.2k), and Germany (US$16.4k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T). 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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  • 1.21%, Mexican share in global exports - 2022
  • 0.9%, Mexican share in global imports - 2022

The visualizations show the global market for Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T). 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 Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were Turkey (US$327M), China (US$202M), and Germany (US$177M). In the same year, the main importing countries for Profiles of Iron or Non-Alloy Hot Rolled or Extruded (Exc. U, R, H, L or T) were United States (US$108M), Indonesia (US$101M), and Kazakhstan (US$97.9M).