ProceduresGovernment

Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter

Código 7305 (Harmonized System 2012 by 4 digits)

 2021: US$42.1M, Total Trade Exchange

2021: US$24M, International Sales

  2021: US$18.1M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter was US$42.1M.

In 2021, the states with the most international sales in Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Nuevo León (US$7.28M), Coahuila de Zaragoza (US$388k), Chihuahua (US$334k), Ciudad de México (US$62.8k), and Jalisco (US$14.5k).

The states with the most international purchases in 2021 were Estado de México (US$6.12M), Ciudad de México (US$3.21M), Nuevo León (US$2.87M), Tamaulipas (US$731k), and Chihuahua (US$728k).

In 2021, the main commercial destinations of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Netherlands (US$4.15M), United States (US$2.76M), Guatemala (US$656k), Colombia (US$458k), and Germany (US$25.6k).

The main commercial origins of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter in 2021 were United States (US$6.52M), China (US$3.45M), South Korea (US$2.36M), Japan (US$867k), and Taiwan (US$316k).

In the global context, the main exporting countries of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter in 2020 were Germany (US$793M), South Korea (US$637M), and India (US$634M). In the same year, the main importing countries of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Canada (US$515M), Saudi Arabia (US$360M), and United States (US$305M).

Trade Balance of Mexico

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Net Trade Balance

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US$42.1M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter in Mexico (including international purchases and sales) was US$42.1M.

The visualizations show the net balance of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter 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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August, 2022

  • US$1.58M, International Purchases
  • US$5.17M, International Sales

In August 2022, international sales of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were US$5.17M, while international purchases reached US$1.58M. The above results in a trade balance of US$3.59M.

Market Concentration

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2022-Q3: US$4.81M, International Sales

The visualization shows the quarterly concentration of international sales of Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter at state level.

In the third quarter of 2022, international sales were US$4.81M, being the states with the most sales Nuevo León (US$4.79M) and Baja California (US$13.9k).

Exchange by Territory

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International Sales

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Nuevo León: US$7.28M, State with the Most International Sales (2021)

Netherlands: US$4.15M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Nuevo León (US$7.28M), Coahuila de Zaragoza (US$388k), Chihuahua (US$334k), Ciudad de México (US$62.8k), and Jalisco (US$14.5k).

In 2021, the countries with the most international purchases from Mexico were Netherlands (US$4.15M), United States (US$2.76M), Guatemala (US$656k), Colombia (US$458k), and Germany (US$25.6k).

International Purchases

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Estado de México: US$6.12M, State with the Most International Purchases (2021)

United States: US$6.52M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Estado de México (US$6.12M), Ciudad de México (US$3.21M), Nuevo León (US$2.87M), Tamaulipas (US$731k), and Chihuahua (US$728k).

The countries with the most international sales to Mexico in 2021 were United States (US$6.52M), China (US$3.45M), South Korea (US$2.36M), Japan (US$867k), and Taiwan (US$316k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter. 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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  • 0.55%, Mexican share in global exports - 2020
  • 0.69%, Mexican share in global imports - 2020

The visualizations show the global market for Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter. 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 Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Germany (US$793M), South Korea (US$637M), and India (US$634M). In the same year, the main importing countries for Tubes other (For Example, Welded, Riveted or Similarly Closed) of Circular Cross Section Exceeding 406,4 Mm, of Iron or Steel Outer Diameter were Canada (US$515M), Saudi Arabia (US$360M), and United States (US$305M).