Washers, of Iron or Steel
Código 731822 (Harmonized System 2012 by 6 digits)
2024: US$169M, Total Trade Exchange
2024: US$23.5M, International Sales
2024: US$146M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Washers, of Iron or Steel was US$169M.
In 2024, the states with the most international sales in Washers, of Iron or Steel were Coahuila de Zaragoza (US$5.12M), Baja California (US$4.62M), Guanajuato (US$3.72M), Nuevo León (US$3.27M), and Sonora (US$1.98M).
The states with the most international purchases in 2024 were Ciudad de México (US$26M), Nuevo León (US$22.2M), Estado de México (US$14.5M), Guanajuato (US$11.9M), and Baja California (US$11.1M).
In 2024, the main commercial destinations of Washers, of Iron or Steel were United States (US$21.8M), Nigeria (US$208k), Canada (US$149k), Japan (US$135k), and Hungary (US$104k).
The main commercial origins of Washers, of Iron or Steel in 2024 were United States (US$78.3M), China (US$19.9M), Germany (US$14.5M), Japan (US$6M), and Taiwan (Republic of China) (US$5.85M).
In the global context, the main exporting countries of Washers, of Iron or Steel in 2022 were China (US$759M), United States (US$368M), and Germany (US$334M). In the same year, the main importing countries of Washers, of Iron or Steel were United States (US$434M), Germany (US$221M), and Mexico (US$207M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$169M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Washers, of Iron or Steel in Mexico (including international purchases and sales) was US$169M.
The visualizations show the net balance of Washers, of Iron or Steel 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$12.7M, International Purchases
- US$1.98M, International Sales
In March 2025, international sales of Washers, of Iron or Steel were US$1.98M, while international purchases reached US$12.7M. The above results in a trade balance of -US$10.7M.
Market Concentration
#permalink to section2025-Q1: US$5.94M, International Sales
The visualization shows the quarterly concentration of international sales of Washers, of Iron or Steel at state level.
In the first quarter of 2025, international sales were US$5.94M, being the states with the most sales Coahuila de Zaragoza (US$2.06M), Guanajuato (US$925k), and Baja California (US$922k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$5.12M, State with the Most International Sales (2024)
United States: US$21.8M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Washers, of Iron or Steel were Coahuila de Zaragoza (US$5.12M), Baja California (US$4.62M), Guanajuato (US$3.72M), Nuevo León (US$3.27M), and Sonora (US$1.98M).
In 2024, the countries with the most international purchases from Mexico were United States (US$21.8M), Nigeria (US$208k), Canada (US$149k), Japan (US$135k), and Hungary (US$104k).
International Purchases
#permalink to sectionCiudad de México: US$26M, State with the Most International Purchases (2024)
United States: US$78.3M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Washers, of Iron or Steel were Ciudad de México (US$26M), Nuevo León (US$22.2M), Estado de México (US$14.5M), Guanajuato (US$11.9M), and Baja California (US$11.1M).
The countries with the most international sales to Mexico in 2024 were United States (US$78.3M), China (US$19.9M), Germany (US$14.5M), Japan (US$6M), and Taiwan (Republic of China) (US$5.85M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Washers, of Iron or Steel and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Washers, of Iron or Steel. 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- 0.89%, Mexican share in global exports - 2022
- 7.15%, Mexican share in global imports - 2022
The visualizations show the global market for Washers, of Iron or Steel. 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 Washers, of Iron or Steel were China (US$759M), United States (US$368M), and Germany (US$334M). In the same year, the main importing countries for Washers, of Iron or Steel were United States (US$434M), Germany (US$221M), and Mexico (US$207M).