Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling
Código 7214 (Harmonized System 2012 by 4 digits)
2024: US$433M, Total Trade Exchange
2024: US$169M, International Sales
2024: US$263M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling was US$433M.
In 2024, the states with the most international sales in Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling were Nuevo León (US$154M), Jalisco (US$6.86M), Tamaulipas (US$3.79M), Querétaro (US$642k), and Coahuila de Zaragoza (US$86.7k).
The states with the most international purchases in 2024 were Guanajuato (US$83.1M), Nuevo León (US$60.4M), Ciudad de México (US$38.3M), Querétaro (US$23.9M), and Estado de México (US$16.1M).
In the global context, the main exporting countries of Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling in 2022 were N/A. In the same year, the main importing countries of Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling were N/A.
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$433M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling in Mexico (including international purchases and sales) was US$433M.
The visualizations show the net balance of Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling 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 sectionSpecialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling. 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- 1.95%, Mexican share in global exports - 2022
- 0.73%, Mexican share in global imports - 2022
The visualizations show the global market for Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling. 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 Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling were N/A. In the same year, the main importing countries for Bars Iron or Non-Alloy Rolled, Drawn or Extruded, Hot, and the Twisted after Rolling were N/A.