Código 870390 (Harmonized System 2012 by 6 digits)
2023: US$10.1B, Total Trade Exchange
2023: US$7.77B, International Sales
2023: US$2.28B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) was US$10.1B.
In 2023, the states with the most international sales in Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were Puebla (US$1.61B), Ciudad de México (US$572M), and Jalisco (US$457k).
The states with the most international purchases in 2023 were Ciudad de México (US$1.97B), Jalisco (US$95.1M), Estado de México (US$92.4M), Puebla (US$49.4M), and Nuevo León (US$12.3M).
In 2023, the main commercial destinations of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were United States (US$1.12B), Germany (US$945M), Canada (US$82.6M), Brazil (US$22.5M), and China (US$6.58M).
The main commercial origins of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) in 2023 were United States (US$1.05B), Japan (US$354M), China (US$330M), Germany (US$121M), and Thailand (US$110M).
In the global context, the main exporting countries of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) in 2022 were Germany (US$56.2B), Japan (US$23.4B), and China (US$22.7B). In the same year, the main importing countries of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were United States (US$25.9B), Germany (US$24.3B), and United Kingdom (US$20.1B).
US$10.1B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) in Mexico (including international purchases and sales) was US$10.1B.
The visualizations show the net balance of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) 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.
November, 2024
In November 2024, international sales of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were US$1.4B, while international purchases reached US$313M. The above results in a trade balance of US$1.09B.
2024-Q4: US$618M, International Sales
The visualization shows the quarterly concentration of international sales of Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) at state level.
In the fourth quarter of 2024, international sales were US$618M, being the states with the most sales Ciudad de México (US$618M).
Puebla: US$1.61B, State with the Most International Sales (2023)
United States: US$1.12B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were Puebla (US$1.61B), Ciudad de México (US$572M), and Jalisco (US$457k).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.12B), Germany (US$945M), Canada (US$82.6M), Brazil (US$22.5M), and China (US$6.58M).
Ciudad de México: US$1.97B, State with the Most International Purchases (2023)
United States: US$1.05B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were Ciudad de México (US$1.97B), Jalisco (US$95.1M), Estado de México (US$92.4M), Puebla (US$49.4M), and Nuevo León (US$12.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.05B), Japan (US$354M), China (US$330M), Germany (US$121M), and Thailand (US$110M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10). 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.
The visualizations show the global market for Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10). 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 Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were Germany (US$56.2B), Japan (US$23.4B), and China (US$22.7B). In the same year, the main importing countries for Cars, Incl. Station Wagons "Break" O "Station Wagon" and Racing Cars, with Engine other than Plunger (Exc. Snowmobiles and other Special Vehicles of Subheading 8703.10) were United States (US$25.9B), Germany (US$24.3B), and United Kingdom (US$20.1B).