ProceduresGovernment

Safety Pins and other Pins of Iron or Steel, Nes

Código 731940 (Harmonized System 2012 by 6 digits)

 2024: US$1.62M, Total Trade Exchange

2024: US$265k, International Sales

  2024: US$1.35M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Safety Pins and other Pins of Iron or Steel, Nes was US$1.62M.

In 2024, the states with the most international sales in Safety Pins and other Pins of Iron or Steel, Nes were Ciudad de México (US$163k) and Baja California (US$72.5k).

The states with the most international purchases in 2024 were Ciudad de México (US$888k), Baja California (US$261k), Chihuahua (US$102k), Jalisco (US$32.3k), and Nuevo León (US$21.5k).

In 2024, the main commercial destinations of Safety Pins and other Pins of Iron or Steel, Nes were Brazil (US$154k), United States (US$72.5k), Costa Rica (US$4.37k), Panama (US$2.26k), and Cuba (US$1.23k).

The main commercial origins of Safety Pins and other Pins of Iron or Steel, Nes in 2024 were China (US$1.01M), United States (US$105k), Spain (US$79.1k), India (US$72.7k), and Hong Kong (US$24.7k).

In the global context, the main exporting countries of Safety Pins and other Pins of Iron or Steel, Nes in 2022 were China (US$53.1M), Japan (US$17.3M), and United States (US$12.2M). In the same year, the main importing countries of Safety Pins and other Pins of Iron or Steel, Nes were Indonesia (US$28.5M), United States (US$18.3M), and Malaysia (US$9.53M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.62M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Safety Pins and other Pins of Iron or Steel, Nes in Mexico (including international purchases and sales) was US$1.62M.

The visualizations show the net balance of Safety Pins and other Pins of Iron or Steel, Nes 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$78.9k, International Purchases
  • US$8.59k, International Sales

In March 2025, international sales of Safety Pins and other Pins of Iron or Steel, Nes were US$8.59k, while international purchases reached US$78.9k. The above results in a trade balance of -US$70.3k.

Exchange by Territory

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International Sales

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Ciudad de México: US$163k, State with the Most International Sales (2024)

Brazil: US$154k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Safety Pins and other Pins of Iron or Steel, Nes were Ciudad de México (US$163k) and Baja California (US$72.5k).

In 2024, the countries with the most international purchases from Mexico were Brazil (US$154k), United States (US$72.5k), Costa Rica (US$4.37k), Panama (US$2.26k), and Cuba (US$1.23k).

International Purchases

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Ciudad de México: US$888k, State with the Most International Purchases (2024)

China: US$1.01M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Safety Pins and other Pins of Iron or Steel, Nes were Ciudad de México (US$888k), Baja California (US$261k), Chihuahua (US$102k), Jalisco (US$32.3k), and Nuevo León (US$21.5k).

The countries with the most international sales to Mexico in 2024 were China (US$1.01M), United States (US$105k), Spain (US$79.1k), India (US$72.7k), and Hong Kong (US$24.7k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Safety Pins and other Pins of Iron or Steel, Nes  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Safety Pins and other Pins of Iron or Steel, Nes. 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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  • 0.46%, Mexican share in global exports - 2022
  • 1.37%, Mexican share in global imports - 2022

The visualizations show the global market for Safety Pins and other Pins of Iron or Steel, Nes. 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 Safety Pins and other Pins of Iron or Steel, Nes were China (US$53.1M), Japan (US$17.3M), and United States (US$12.2M). In the same year, the main importing countries for Safety Pins and other Pins of Iron or Steel, Nes were Indonesia (US$28.5M), United States (US$18.3M), and Malaysia (US$9.53M).