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Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process)

Código 721399 (Harmonized System 2012 by 6 digits)

2023: US$35.9k, International Sales

  2024: US$16.3M, International Purchases

In 2019, the states with the most international sales in Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were Baja California (US$47.3k).

The states with the most international purchases in 2024 were Nuevo León (US$8.9M).

In 2019, the main commercial destinations of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were United States (US$47.3k).

The main commercial origins of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) in 2024 were United States (US$5.41M), Spain (US$3.03M), Japan (US$443k), and Germany (US$14.3k).

In the global context, the main exporting countries of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) in 2022 were Japan (US$184M), Egypt (US$115M), and China (US$103M). In the same year, the main importing countries of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were South Korea (US$122M), Thailand (US$94.6M), and United States (US$79.6M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) 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$1.42M, International Purchases

In March 2025, international sales of Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were US$0, while international purchases reached US$1.42M. The above results in a trade balance of -US$1.42M.

Exchange by Territory

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International Sales

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Baja California: US$47.3k, State with the Most International Sales (2019)

United States: US$47.3k, Main commercial destination (2019)

In 2019, the states with the highest international sales in Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were Baja California (US$47.3k).

In 2019, the countries with the most international purchases from Mexico were United States (US$47.3k).

International Purchases

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Nuevo León: US$8.9M, State with the Most International Purchases (2024)

United States: US$5.41M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were Nuevo León (US$8.9M).

The countries with the most international sales to Mexico in 2024 were United States (US$5.41M), Spain (US$3.03M), Japan (US$443k), and Germany (US$14.3k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process). 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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  • 0.3%, Mexican share in global exports - 2022
  • 1.3%, Mexican share in global imports - 2022

The visualizations show the global market for Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process). 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 Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were Japan (US$184M), Egypt (US$115M), and China (US$103M). In the same year, the main importing countries for Wire Rod Iron or Non-Alloy Rolled in Spiers Irregulars "Coronas" (Exc Circular Section with Diameter <14 Mm. Rod Cutting Steel, Bars and Rods with Indentations, Ribs, Grooves or other Deformations Produced during the Rolling Process) were South Korea (US$122M), Thailand (US$94.6M), and United States (US$79.6M).