Bearing Housings Bearing Fitted With, for Machines
Código 848320 (Harmonized System 2012 by 6 digits)
2023: US$133M, Total Trade Exchange
2023: US$44.2M, International Sales
2023: US$89.1M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Bearing Housings Bearing Fitted With, for Machines was US$133M.
In 2023, the main commercial destinations of Bearing Housings Bearing Fitted With, for Machines were United States (US$43.4M), Germany (US$121k), United Kingdom (US$112k), Panama (US$93.2k), and Ecuador (US$72.9k).
The main commercial origins of Bearing Housings Bearing Fitted With, for Machines in 2023 were United States (US$39.2M), China (US$22.4M), Italy (US$6.36M), India (US$4.84M), and Germany (US$4.64M).
In the global context, the main exporting countries of Bearing Housings Bearing Fitted With, for Machines in 2022 were China (US$3.03B), Germany (US$1.8B), and United States (US$1.67B). In the same year, the main importing countries of Bearing Housings Bearing Fitted With, for Machines were United States (US$1.34B), Germany (US$1.17B), and Mexico (US$885M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$133M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Bearing Housings Bearing Fitted With, for Machines in Mexico (including international purchases and sales) was US$133M.
The visualizations show the net balance of Bearing Housings Bearing Fitted With, for Machines 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
#permalink to sectionNovember, 2024
- US$7.88M, International Purchases
- US$5.52M, International Sales
In November 2024, international sales of Bearing Housings Bearing Fitted With, for Machines were US$5.52M, while international purchases reached US$7.88M. The above results in a trade balance of -US$2.36M.
Market Concentration
#permalink to section2024-Q4: US$10.6M, International Sales
The visualization shows the quarterly concentration of international sales of Bearing Housings Bearing Fitted With, for Machines at state level.
In the fourth quarter of 2024, international sales were US$10.6M, being the states with the most sales Nuevo León (US$4.66M), Jalisco (US$3.13M), and Chihuahua (US$1.22M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$43.4M, Main commercial destination (2023)
In 2023, the countries with the most international purchases from Mexico were United States (US$43.4M), Germany (US$121k), United Kingdom (US$112k), Panama (US$93.2k), and Ecuador (US$72.9k).
International Purchases
#permalink to sectionUnited States: US$39.2M, Main Commercial Origin (2023)
The countries with the most international sales to Mexico in 2023 were United States (US$39.2M), China (US$22.4M), Italy (US$6.36M), India (US$4.84M), and Germany (US$4.64M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bearing Housings Bearing Fitted With, for Machines and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bearing Housings Bearing Fitted With, for Machines. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- N/A%, Mexican share in global exports - 2022
- 6.8%, Mexican share in global imports - 2022
The visualizations show the global market for Bearing Housings Bearing Fitted With, for Machines. 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 Bearing Housings Bearing Fitted With, for Machines were China (US$3.03B), Germany (US$1.8B), and United States (US$1.67B). In the same year, the main importing countries for Bearing Housings Bearing Fitted With, for Machines were United States (US$1.34B), Germany (US$1.17B), and Mexico (US$885M).