Stainless Steel Bars, Simply Obtained or Cold Finished
Código 722220 (Harmonized System 2012 by 6 digits)
2024: US$89.3M, Total Trade Exchange
2024: US$11.1M, International Sales
2024: US$78.3M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Stainless Steel Bars, Simply Obtained or Cold Finished was US$89.3M.
In 2024, the states with the most international sales in Stainless Steel Bars, Simply Obtained or Cold Finished were Sonora (US$4.66M), Baja California (US$1.41M), Guanajuato (US$165k), Nuevo León (US$141k), and Chihuahua (US$109k).
The states with the most international purchases in 2024 were Nuevo León (US$17.6M), Guanajuato (US$9.4M), Baja California (US$7.11M), Sonora (US$6.66M), and Querétaro (US$6.2M).
In 2024, the main commercial destinations of Stainless Steel Bars, Simply Obtained or Cold Finished were United States (US$6.48M), Guatemala (US$59k), China (US$37.8k), Peru (US$10.1k), and Germany (US$5.47k).
The main commercial origins of Stainless Steel Bars, Simply Obtained or Cold Finished in 2024 were United States (US$35.1M), India (US$20M), Italy (US$6.4M), France (US$3.9M), and China (US$3.24M).
In the global context, the main exporting countries of Stainless Steel Bars, Simply Obtained or Cold Finished in 2022 were Italy (US$1.16B), India (US$609M), and Germany (US$457M). In the same year, the main importing countries of Stainless Steel Bars, Simply Obtained or Cold Finished were Germany (US$870M), United States (US$545M), and Italy (US$227M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$89.3M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Stainless Steel Bars, Simply Obtained or Cold Finished in Mexico (including international purchases and sales) was US$89.3M.
The visualizations show the net balance of Stainless Steel Bars, Simply Obtained or Cold Finished 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 sectionMarch, 2025
- US$8.55M, International Purchases
- US$2.47M, International Sales
In March 2025, international sales of Stainless Steel Bars, Simply Obtained or Cold Finished were US$2.47M, while international purchases reached US$8.55M. The above results in a trade balance of -US$6.09M.
Market Concentration
#permalink to section2025-Q1: US$2.42M, International Sales
The visualization shows the quarterly concentration of international sales of Stainless Steel Bars, Simply Obtained or Cold Finished at state level.
In the first quarter of 2025, international sales were US$2.42M, being the states with the most sales Sonora (US$2.03M), Baja California (US$372k), and Nuevo León (US$20k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$4.66M, State with the Most International Sales (2024)
United States: US$6.48M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Stainless Steel Bars, Simply Obtained or Cold Finished were Sonora (US$4.66M), Baja California (US$1.41M), Guanajuato (US$165k), Nuevo León (US$141k), and Chihuahua (US$109k).
In 2024, the countries with the most international purchases from Mexico were United States (US$6.48M), Guatemala (US$59k), China (US$37.8k), Peru (US$10.1k), and Germany (US$5.47k).
International Purchases
#permalink to sectionNuevo León: US$17.6M, State with the Most International Purchases (2024)
United States: US$35.1M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Stainless Steel Bars, Simply Obtained or Cold Finished were Nuevo León (US$17.6M), Guanajuato (US$9.4M), Baja California (US$7.11M), Sonora (US$6.66M), and Querétaro (US$6.2M).
The countries with the most international sales to Mexico in 2024 were United States (US$35.1M), India (US$20M), Italy (US$6.4M), France (US$3.9M), and China (US$3.24M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Stainless Steel Bars, Simply Obtained or Cold Finished and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Stainless Steel Bars, Simply Obtained or Cold Finished. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.052%, Mexican share in global exports - 2022
- 2.13%, Mexican share in global imports - 2022
The visualizations show the global market for Stainless Steel Bars, Simply Obtained or Cold Finished. 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 Stainless Steel Bars, Simply Obtained or Cold Finished were Italy (US$1.16B), India (US$609M), and Germany (US$457M). In the same year, the main importing countries for Stainless Steel Bars, Simply Obtained or Cold Finished were Germany (US$870M), United States (US$545M), and Italy (US$227M).