ProceduresGovernment

Hydraulic Turbines, Water Wheels and Regulators

Código 8410 (Harmonized System 2012 by 4 digits)

 2023: US$93.2M, Total Trade Exchange

2023: US$9.74M, International Sales

  2023: US$83.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Hydraulic Turbines, Water Wheels and Regulators was US$93.2M.

In 2019, the states with the most international sales in Hydraulic Turbines, Water Wheels and Regulators were Ciudad de México (US$21.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$347k), Nuevo León (US$187k), Tamaulipas (US$83k), Baja California (US$27.9k), and Jalisco (US$15.3k).

In 2019, the main commercial destinations of Hydraulic Turbines, Water Wheels and Regulators were United States (US$20.2k) and Peru (US$1.57k).

The main commercial origins of Hydraulic Turbines, Water Wheels and Regulators in 2023 were United States (US$288k), Japan (US$180k), Spain (US$95.8k), Germany (US$36.4k), and United Kingdom (US$21.1k).

In the global context, the main exporting countries of Hydraulic Turbines, Water Wheels and Regulators in 2022 were China (US$242M), Austria (US$121M), and Germany (US$90.1M). In the same year, the main importing countries of Hydraulic Turbines, Water Wheels and Regulators were Russia (US$65.9M), United States (US$55.5M), and Vietnam (US$47.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$93.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Hydraulic Turbines, Water Wheels and Regulators in Mexico (including international purchases and sales) was US$93.2M.

The visualizations show the net balance of Hydraulic Turbines, Water Wheels and Regulators 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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March, 2024: US$28.5M, International Purchases

In March 2024, international sales of Hydraulic Turbines, Water Wheels and Regulators were US$0, while international purchases reached US$28.5M. The above results in a trade balance of -US$28.5M.

Exchange by Territory

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International Sales

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Ciudad de México: US$21.8k, State with the Most International Sales (2019)

United States: US$20.2k, Main commercial destination (2019)

In 2019, the states with the highest international sales in Hydraulic Turbines, Water Wheels and Regulators were Ciudad de México (US$21.8k).

In 2019, the countries with the most international purchases from Mexico were United States (US$20.2k) and Peru (US$1.57k).

International Purchases

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Ciudad de México: US$347k, State with the Most International Purchases (2023)

United States: US$288k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hydraulic Turbines, Water Wheels and Regulators were Ciudad de México (US$347k), Nuevo León (US$187k), Tamaulipas (US$83k), Baja California (US$27.9k), and Jalisco (US$15.3k).

The countries with the most international sales to Mexico in 2023 were United States (US$288k), Japan (US$180k), Spain (US$95.8k), Germany (US$36.4k), and United Kingdom (US$21.1k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hydraulic Turbines, Water Wheels and Regulators  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hydraulic Turbines, Water Wheels and Regulators. 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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  • 0.81%, Mexican share in global exports - 2022
  • 0.54%, Mexican share in global imports - 2022

The visualizations show the global market for Hydraulic Turbines, Water Wheels and Regulators. 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 Hydraulic Turbines, Water Wheels and Regulators were China (US$242M), Austria (US$121M), and Germany (US$90.1M). In the same year, the main importing countries for Hydraulic Turbines, Water Wheels and Regulators were Russia (US$65.9M), United States (US$55.5M), and Vietnam (US$47.5M).