ProceduresGovernment

Profiles of Iron or Steel, Welded

Código 730120 (Harmonized System 2012 by 6 digits)

 2024: US$1.8M, Total Trade Exchange

2024: US$70.8k, International Sales

  2024: US$1.73M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Profiles of Iron or Steel, Welded was US$1.8M.

In 2024, the states with the most international sales in Profiles of Iron or Steel, Welded were Ciudad de México (US$5.75k).

The states with the most international purchases in 2024 were Baja California (US$1.37M), Jalisco (US$102k), Nuevo León (US$76.8k), Ciudad de México (US$71.3k), and Estado de México (US$54.7k).

In 2024, the main commercial destinations of Profiles of Iron or Steel, Welded were Venezuela (US$3.8k), United States (US$1.95k), and Italy (US$1).

The main commercial origins of Profiles of Iron or Steel, Welded in 2024 were United States (US$1.16M), China (US$445k), Spain (US$51.2k), Taiwan (Republic of China) (US$12.4k), and Italy (US$8.31k).

In the global context, the main exporting countries of Profiles of Iron or Steel, Welded in 2022 were Germany (US$48.5M), China (US$46.4M), and Poland (US$36.6M). In the same year, the main importing countries of Profiles of Iron or Steel, Welded were Germany (US$45.6M), Saudi Arabia (US$37.7M), and France (US$36.5M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$1.8M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Profiles of Iron or Steel, Welded in Mexico (including international purchases and sales) was US$1.8M.

The visualizations show the net balance of Profiles of Iron or Steel, Welded 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

#permalink to section

March, 2025: US$333k, International Purchases

In March 2025, international sales of Profiles of Iron or Steel, Welded were US$0, while international purchases reached US$333k. The above results in a trade balance of -US$333k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$5.75k, State with the Most International Sales (2024)

Venezuela: US$3.8k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Profiles of Iron or Steel, Welded were Ciudad de México (US$5.75k).

In 2024, the countries with the most international purchases from Mexico were Venezuela (US$3.8k), United States (US$1.95k), and Italy (US$1).

International Purchases

#permalink to section

Baja California: US$1.37M, State with the Most International Purchases (2024)

United States: US$1.16M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Profiles of Iron or Steel, Welded were Baja California (US$1.37M), Jalisco (US$102k), Nuevo León (US$76.8k), Ciudad de México (US$71.3k), and Estado de México (US$54.7k).

The countries with the most international sales to Mexico in 2024 were United States (US$1.16M), China (US$445k), Spain (US$51.2k), Taiwan (Republic of China) (US$12.4k), and Italy (US$8.31k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Profiles of Iron or Steel, Welded  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 Steel, Welded. 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

#permalink to section

  • 0.36%, Mexican share in global exports - 2022
  • 0.3%, Mexican share in global imports - 2022

The visualizations show the global market for Profiles of Iron or Steel, Welded. 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 Steel, Welded were Germany (US$48.5M), China (US$46.4M), and Poland (US$36.6M). In the same year, the main importing countries for Profiles of Iron or Steel, Welded were Germany (US$45.6M), Saudi Arabia (US$37.7M), and France (US$36.5M).