ProceduresGovernment

Hoists; Winches and Capstans; Cats

Código 8425 (Harmonized System 2012 by 4 digits)

 2024: US$257M, Total Trade Exchange

2024: US$59.1M, International Sales

  2024: US$198M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Hoists; Winches and Capstans; Cats was US$257M.

In 2024, the states with the most international sales in Hoists; Winches and Capstans; Cats were Tamaulipas (US$24.2M), Querétaro (US$16.2M), Estado de México (US$6.71M), Chihuahua (US$2.9M), and Baja California (US$2.37M).

The states with the most international purchases in 2024 were Ciudad de México (US$48.2M), Estado de México (US$42.3M), Nuevo León (US$29.8M), Tamaulipas (US$14.7M), and Chihuahua (US$11.8M).

In 2024, the main commercial destinations of Hoists; Winches and Capstans; Cats were United States (US$49.9M), Peru (US$1.48M), Guatemala (US$1.11M), Colombia (US$789k), and Honduras (US$662k).

The main commercial origins of Hoists; Winches and Capstans; Cats in 2024 were China (US$90.6M), United States (US$46.7M), Canada (US$15.3M), Finland (US$8.56M), and Japan (US$8.47M).

In the global context, the main exporting countries of Hoists; Winches and Capstans; Cats in 2022 were China (US$2.76B), Germany (US$790M), and Italy (US$558M). In the same year, the main importing countries of Hoists; Winches and Capstans; Cats were United States (US$1.66B), Canada (US$448M), and Germany (US$443M).

Trade Balance of Mexico

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Net Trade Balance

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US$257M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Hoists; Winches and Capstans; Cats in Mexico (including international purchases and sales) was US$257M.

The visualizations show the net balance of Hoists; Winches and Capstans; Cats 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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December, 2024

  • US$17M, International Purchases
  • US$4.87M, International Sales

In December 2024, international sales of Hoists; Winches and Capstans; Cats were US$4.87M, while international purchases reached US$17M. The above results in a trade balance of -US$12.2M.

Market Concentration

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2024-Q4: US$13.3M, International Sales

The visualization shows the quarterly concentration of international sales of Hoists; Winches and Capstans; Cats at state level.

In the fourth quarter of 2024, international sales were US$13.3M, being the states with the most sales Tamaulipas (US$6.32M), Querétaro (US$2.5M), and Estado de México (US$2.02M).

Exchange by Territory

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International Sales

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Tamaulipas: US$24.2M, State with the Most International Sales (2024)

United States: US$49.9M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Hoists; Winches and Capstans; Cats were Tamaulipas (US$24.2M), Querétaro (US$16.2M), Estado de México (US$6.71M), Chihuahua (US$2.9M), and Baja California (US$2.37M).

In 2024, the countries with the most international purchases from Mexico were United States (US$49.9M), Peru (US$1.48M), Guatemala (US$1.11M), Colombia (US$789k), and Honduras (US$662k).

International Purchases

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Ciudad de México: US$48.2M, State with the Most International Purchases (2024)

China: US$90.6M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Hoists; Winches and Capstans; Cats were Ciudad de México (US$48.2M), Estado de México (US$42.3M), Nuevo León (US$29.8M), Tamaulipas (US$14.7M), and Chihuahua (US$11.8M).

The countries with the most international sales to Mexico in 2024 were China (US$90.6M), United States (US$46.7M), Canada (US$15.3M), Finland (US$8.56M), and Japan (US$8.47M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hoists; Winches and Capstans; Cats  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hoists; Winches and Capstans; Cats. 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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  • 1.75%, Mexican share in global exports - 2022
  • 1.98%, Mexican share in global imports - 2022

The visualizations show the global market for Hoists; Winches and Capstans; Cats. 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 Hoists; Winches and Capstans; Cats were China (US$2.76B), Germany (US$790M), and Italy (US$558M). In the same year, the main importing countries for Hoists; Winches and Capstans; Cats were United States (US$1.66B), Canada (US$448M), and Germany (US$443M).