ProceduresGovernment

Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates

Código 7218 (Harmonized System 2012 by 4 digits)

 2022: US$11.5M, Total Trade Exchange

2022: US$658k, International Sales

  2022: US$10.9M, International Purchases

In 2022, the trade exchange (includes international purchases and sales) of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates was US$11.5M.

In 2022, the states with the most international sales in Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were Nuevo León (US$543k).

The states with the most international purchases in 2022 were Baja California (US$442k).

In 2022, the main commercial destinations of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were Spain (US$434k) and United States (US$108k).

The main commercial origins of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates in 2022 were United States (US$442k) and China (US$50).

In the global context, the main exporting countries of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates in 2020 were Indonesia (US$1.61B), United Kingdom (US$348M), and Sweden (US$156M). In the same year, the main importing countries of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were China (US$1.37B), Sweden (US$210M), and United States (US$164M).

Trade Balance of Mexico

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Net Trade Balance

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US$11.5M, Total Trade Exchange (2022)

In 2022, the total trade exchange of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates in Mexico (including international purchases and sales) was US$11.5M.

The visualizations show the net balance of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates 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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December, 2022: US$562k, International Purchases

In December 2022, international sales of Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were US$0, while international purchases reached US$562k. The above results in a trade balance of -US$562k.

Exchange by Territory

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International Sales

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Nuevo León: US$543k, State with the Most International Sales (2022)

Spain: US$434k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were Nuevo León (US$543k).

In 2022, the countries with the most international purchases from Mexico were Spain (US$434k) and United States (US$108k).

International Purchases

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Baja California: US$442k, State with the Most International Purchases (2022)

United States: US$442k, Main Commercial Origin (2022)

In 2022, the states with the highest international in Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were Baja California (US$442k).

The countries with the most international sales to Mexico in 2022 were United States (US$442k) and China (US$50).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates. 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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  • 0.029%, Mexican share in global exports - 2020
  • 0.32%, Mexican share in global imports - 2020

The visualizations show the global market for Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates. 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 Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were Indonesia (US$1.61B), United Kingdom (US$348M), and Sweden (US$156M). In the same year, the main importing countries for Stainless Steel in Ingots or other Primary Forms; Stainless Steel Intermediates were China (US$1.37B), Sweden (US$210M), and United States (US$164M).