Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines)
Código 845939 (Harmonized System 2012 by 6 digits)
2023: US$79.9k, International Sales
2024: US$363k, International Purchases
The states with the most international purchases in 2024 were Ciudad de México (US$212k), Tamaulipas (US$28.9k), Querétaro (US$24.9k), Nuevo León (US$18k), and Chihuahua (US$15.7k).
The main commercial origins of Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) in 2024 were Taiwan (Republic of China) (US$209k), China (US$60.1k), United States (US$12.4k), Canada (US$10.1k), and Spain (US$6.73k).
In the global context, the main exporting countries of Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) in 2022 were China (US$19.1M), Italy (US$8.73M), and Czech Republic (US$8M). In the same year, the main importing countries of Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) were India (US$8.24M), Indonesia (US$5.83M), and Germany (US$4.57M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units 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 sectionMarch, 2025: US$18.6k, International Purchases
In March 2025, international sales of Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) were US$0, while international purchases reached US$18.6k. The above results in a trade balance of -US$18.6k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$212k, State with the Most International Purchases (2024)
Taiwan (Republic of China): US$209k, Main Commercial Origin (2024)
In 2024, the states with the highest international in Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) were Ciudad de México (US$212k), Tamaulipas (US$28.9k), Querétaro (US$24.9k), Nuevo León (US$18k), and Chihuahua (US$15.7k).
The countries with the most international sales to Mexico in 2024 were Taiwan (Republic of China) (US$209k), China (US$60.1k), United States (US$12.4k), Canada (US$10.1k), and Spain (US$6.73k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units 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- 0.00048%, Mexican share in global exports - 2022
- 1.93%, Mexican share in global imports - 2022
The visualizations show the global market for Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units 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 Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) were China (US$19.1M), Italy (US$8.73M), and Czech Republic (US$8M). In the same year, the main importing countries for Boring-Milling Machines, for Metals, not Numerically Controlled (Exc. Units Machines) were India (US$8.24M), Indonesia (US$5.83M), and Germany (US$4.57M).