For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604)
Código 860310 (Harmonized System 2012 by 6 digits)
2024: US$153M, International Purchases
The states with the most international purchases in 2024 were Ciudad de México (US$144M).
The main commercial origins of For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) in 2024 were China (US$144M) and Germany (US$38.2k).
In the global context, the main exporting countries of For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) in 2022 were China (US$991M), South Korea (US$739M), and Spain (US$596M). In the same year, the main importing countries of For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) were Germany (US$574M), Taiwan (Republic of China) (US$500M), and Australia (US$338M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) 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 sectionMay, 2024: US$32.6M, International Purchases
In May 2024, international sales of For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) were US$0, while international purchases reached US$32.6M. The above results in a trade balance of -US$32.6M.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$144M, State with the Most International Purchases (2024)
China: US$144M, Main Commercial Origin (2024)
In 2024, the states with the highest international in For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) were Ciudad de México (US$144M).
The countries with the most international sales to Mexico in 2024 were China (US$144M) and Germany (US$38.2k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604). 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- 1.89%, Mexican share in global exports - 2022
- 1.09%, Mexican share in global imports - 2022
The visualizations show the global market for For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604). 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 For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) were China (US$991M), South Korea (US$739M), and Spain (US$596M). In the same year, the main importing countries for For Automotive and Tramways Trailed Railways, External Source of Electricity (Exc. Vehicle Maintenance or Service Railways O Simil. of Heading 8604) were Germany (US$574M), Taiwan (Republic of China) (US$500M), and Australia (US$338M).