T3 · Product exporter position

Mexico exports of Iron or steel: casing and tubing, of a kind used in drilling for oil or gas (HS 730429)

See where Mexico stands in iron or steel: casing and tubing, of a kind used in drilling for oil or gas: export scale, destination breadth, market position, growth, and reported trade history.

Exporter MEXHS6 730429Latest year 2024Growing

Latest exports

$848.9MLatest observed lane total

Destination markets

50Reported active markets

Three-year growth

+6.2%Annualized change

Destination HHI

1,095Destination concentration

Weighted share

30.1%Reported market position

Exporter evidence

How strong is Mexico in Iron or steel: casing and tubing, of a kind used in drilling for oil or gas?

Reported exporter totals and calculated indicators for HS 730429. Values retain their observed coverage period.

Exporter scale

Latest exports$848.9M
Current 2024 exports$801.4M
Three-year average$897.9M
Historical peak$2.6B

Market position

Active destinations50
Destination HHI1,095
Weighted share30.1%
Share change+5.8 pp

Competitiveness

Three-year growth+6.2%
Volatility1.1
Maximum drawdown87.3%
TrendGrowing
MeasureValueWhat it describes
ExporterMexicoCountry represented by this profile
Latest observed exports$848.9MSum of latest observed destination-lane values
Current 2024 exports$801.4MCommon-year comparison where reported
Three-year growth+6.2%Annualized change in exporter totals
Five-year growth+5.9%Annualized change in exporter totals
Leading destinationCANDestination with the largest observed export value
Leading destination share24.1%Share of observed exporter totals
Destination concentration1,095HHI across destination markets
Weighted share change+5.8 ppValue-weighted latest change in market share
Limited-history lanes29.8%Share of lanes with shorter history

Destination markets

Where does Mexico sell iron or steel: casing and tubing, of a kind used in drilling for oil or gas?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Canada$204.5M47.6%+46.1%FTA reportedAccelerating
USA, Puerto Rico and US Virgin Islands$150.2M13.3%-32%FTA reportedGrowing
Guyana$63.3M56.2%+155.9%Not reportedAccelerating
United Arab Emirates$61.2M15.3%+79.1%0.1% tariffGrowing
Saudi Arabia$34.8M9.2%+84.3%0.1% tariffStable
Turkey$29.7M13.8%+94.2%0.1% tariffAccelerating
Norway$29.5M12%+30.8%FTA reportedGrowing
Colombia$28.6M64.2%+5.1%FTA reportedGrowing
Argentina$21.6M75.3%+41.8%0.1% tariffStable
Brazil$20.8M23.3%+89.4%0.3% tariffGrowing
Romania$19.3M34.3%+54%0.2% tariffGrowing
Egypt$18.4M23.2%+30.9%0.3% tariffGrowing
Qatar$18.4M16.6%+177.9%0% tariffAccelerating

Destination

Canada

Latest exports
$204.5M
Market share
47.6%
Growth
+46.1%
Access
FTA reported
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$150.2M
Market share
13.3%
Growth
-32%
Access
FTA reported
Signal
Growing

Destination

Guyana

Latest exports
$63.3M
Market share
56.2%
Growth
+155.9%
Access
Not reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$61.2M
Market share
15.3%
Growth
+79.1%
Access
0.1% tariff
Signal
Growing

Destination

Saudi Arabia

Latest exports
$34.8M
Market share
9.2%
Growth
+84.3%
Access
0.1% tariff
Signal
Stable

Destination

Turkey

Latest exports
$29.7M
Market share
13.8%
Growth
+94.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Norway

Latest exports
$29.5M
Market share
12%
Growth
+30.8%
Access
FTA reported
Signal
Growing

Destination

Colombia

Latest exports
$28.6M
Market share
64.2%
Growth
+5.1%
Access
FTA reported
Signal
Growing

Destination

Argentina

Latest exports
$21.6M
Market share
75.3%
Growth
+41.8%
Access
0.1% tariff
Signal
Stable

Destination

Brazil

Latest exports
$20.8M
Market share
23.3%
Growth
+89.4%
Access
0.3% tariff
Signal
Growing

Destination

Romania

Latest exports
$19.3M
Market share
34.3%
Growth
+54%
Access
0.2% tariff
Signal
Growing

Destination

Egypt

Latest exports
$18.4M
Market share
23.2%
Growth
+30.9%
Access
0.3% tariff
Signal
Growing

Destination

Qatar

Latest exports
$18.4M
Market share
16.6%
Growth
+177.9%
Access
0% tariff
Signal
Accelerating

Price intelligence

How does Mexico's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Dominican Republic: $256.4K / ton.

Lowest reported price

Barbados: $56.7 / ton.

Median price

$2.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for Mexico and HS 730429 where available.

YearExportsYear-on-year changeActive destinations
2010$733.8M+47.4%55
2011$839.7M+14.4%64
2012$967.9M+15.3%64
2013$1.2B+21.4%68
2014$1.3B+7.4%67
2015$786.8M-37.6%67
2016$688.7M-12.5%65
2017$840.0M+22%55
2018$905.4M+7.8%63
2019$601.0M-33.6%67
2020$491.7M-18.2%61
2021$669.4M+36.2%58
2022$888.1M+32.7%61
2023$1.0B+13.1%65
2024$801.4M-20.2%50

Exporter context

Mexico economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 730429.

Mexico has reported exports of $632.1B and a trade balance of $26.4B in 2024.

Available structural indicators include 75.7% trade openness, 23.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Mexico iron or steel: casing and tubing, of a kind used in drilling for oil or gas exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.