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Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03

Código 7206 (Harmonized System 2012 by 4 digits)

 2021: US$1.39M, Total Trade Exchange

2021: US$411k, International Sales

  2021: US$979k, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 was US$1.39M.

In 2018, the states with the most international sales in Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Chihuahua (US$4.56k).

The states with the most international purchases in 2021 were Tamaulipas (US$159k).

In 2018, the main commercial destinations of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were United States (US$4.56k).

The main commercial origins of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 in 2021 were United States (US$159k).

In the global context, the main exporting countries of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 in 2020 were Russia (US$51M), Italy (US$26.3M), and Kuwait (US$23.6M). In the same year, the main importing countries of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Guatemala (US$55.4M), Germany (US$33.6M), and Denmark (US$26.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.39M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 in Mexico (including international purchases and sales) was US$1.39M.

The visualizations show the net balance of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 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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June, 2022: US$183k, International Purchases

In June 2022, international sales of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were US$0, while international purchases reached US$183k. The above results in a trade balance of -US$183k.

Exchange by Territory

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International Sales

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Chihuahua: US$4.56k, State with the Most International Sales (2018)

United States: US$4.56k, Main commercial destination (2018)

In 2018, the states with the highest international sales in Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Chihuahua (US$4.56k).

In 2018, the countries with the most international purchases from Mexico were United States (US$4.56k).

International Purchases

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Tamaulipas: US$159k, State with the Most International Purchases (2021)

United States: US$159k, Main Commercial Origin (2021)

In 2021, the states with the highest international in Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Tamaulipas (US$159k).

The countries with the most international sales to Mexico in 2021 were United States (US$159k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03. 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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  • 3.92%, Mexican share in global exports - 2020
  • 0.9%, Mexican share in global imports - 2020

The visualizations show the global market for Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Russia (US$51M), Italy (US$26.3M), and Kuwait (US$23.6M). In the same year, the main importing countries for Iron and Non-Alloy Steel in Ingots or other Primary Forms, Excluding Iron of Heading 72.03 were Guatemala (US$55.4M), Germany (US$33.6M), and Denmark (US$26.9M).