ProceduresGovernment

Aircraft, Spacecraft, and Parts Thereof

Code 88 (Harmonized System 2012 by 2 digits)

 2023: US$1.06B, Total Trade Exchange

2023: US$777M, International Sales

  2023: US$286M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Aircraft, Spacecraft, and Parts Thereof was US$1.06B.

In 2023, the states with the most international sales in Aircraft, Spacecraft, and Parts Thereof were Querétaro (US$219M), Baja California (US$149M), Ciudad de México (US$136M), Sonora (US$93.5M), and Chihuahua (US$51.1M).

The states with the most international purchases in 2023 were Ciudad de México (US$57.6M), Querétaro (US$54.8M), Baja California (US$40.8M), Nuevo León (US$37.6M), and Chihuahua (US$21.2M).

In 2023, the main commercial destinations of Aircraft, Spacecraft, and Parts Thereof were United States (US$474M), Tajikistan (US$92.1M), Germany (US$49.8M), United Kingdom (US$47M), and France (US$30M).

The main commercial origins of Aircraft, Spacecraft, and Parts Thereof in 2023 were United States (US$163M), China (US$61.3M), France (US$17.2M), Canada (US$16.9M), and Netherlands (US$6.97M).

In the global context, the main exporting countries of Aircraft, Spacecraft, and Parts Thereof in 2022 were United States (US$51B), France (US$33B), and Germany (US$28B). In the same year, the main importing countries of Aircraft, Spacecraft, and Parts Thereof were United States (US$28.3B), France (US$14.6B), and China (US$11.7B).

Trade Balance of Mexico

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Net Trade Balance

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US$1.06B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Aircraft, Spacecraft, and Parts Thereof in Mexico (including international purchases and sales) was US$1.06B.

The visualizations show the net balance of Aircraft, Spacecraft, and Parts Thereof 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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January, 2024

  • US$59.1M, International Sales
  • US$19.7M, International Purchases

In January 2024, international sales of Aircraft, Spacecraft, and Parts Thereof were US$59.1M and a total of US$19.7M in international purchases. For this month the net trade balance of Aircraft, Spacecraft, and Parts Thereof it was of US$39.4M.

Market Concentration

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2024-Q1: US$75.6M, International Sales

The visualization shows the quarterly concentration of international sales of Aircraft, Spacecraft, and Parts Thereof at state level.

In the first quarter of 2024, international sales were US$75.6M, being the states with the most sales Querétaro (US$35.3M), Sonora (US$12.7M), and Chihuahua (US$9.71M).

Exchange by Territory

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International Sales

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Querétaro: US$219M, State with the Most International Sales (2023)

United States: US$474M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Aircraft, Spacecraft, and Parts Thereof were Querétaro (US$219M), Baja California (US$149M), Ciudad de México (US$136M), Sonora (US$93.5M), and Chihuahua (US$51.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$474M), Tajikistan (US$92.1M), Germany (US$49.8M), United Kingdom (US$47M), and France (US$30M).

International Purchases

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Ciudad de México: US$57.6M, State with the Most International Purchases (2023)

United States: US$163M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Aircraft, Spacecraft, and Parts Thereof were Ciudad de México (US$57.6M), Querétaro (US$54.8M), Baja California (US$40.8M), Nuevo León (US$37.6M), and Chihuahua (US$21.2M).

The countries with the most international sales to Mexico in 2023 were United States (US$163M), China (US$61.3M), France (US$17.2M), Canada (US$16.9M), and Netherlands (US$6.97M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Aircraft, Spacecraft, and Parts Thereof  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Aircraft, Spacecraft, and Parts Thereof. 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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  • 0.98%, Mexican share in global exports - 2022
  • 1.33%, Mexican share in global imports - 2022

The visualizations show the global market for Aircraft, Spacecraft, and Parts Thereof. 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 Aircraft, Spacecraft, and Parts Thereof were United States (US$51B), France (US$33B), and Germany (US$28B). In the same year, the main importing countries for Aircraft, Spacecraft, and Parts Thereof were United States (US$28.3B), France (US$14.6B), and China (US$11.7B).