Lift Trucks; other Handling Carts with Lifting Incorporated
Código 8427 (Harmonized System 2012 by 4 digits)
2023: US$1.82B, Total Trade Exchange
2023: US$830M, International Sales
2023: US$989M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Lift Trucks; other Handling Carts with Lifting Incorporated was US$1.82B.
In 2023, the states with the most international sales in Lift Trucks; other Handling Carts with Lifting Incorporated were Guanajuato (US$335M), Coahuila de Zaragoza (US$270M), Nuevo León (US$196M), Baja California (US$8.91M), and Chihuahua (US$7.47M).
The states with the most international purchases in 2023 were Nuevo León (US$277M), Estado de México (US$186M), Jalisco (US$117M), Ciudad de México (US$106M), and Chihuahua (US$39.5M).
In 2023, the main commercial destinations of Lift Trucks; other Handling Carts with Lifting Incorporated were United States (US$780M), Netherlands (US$24.4M), Canada (US$22M), Honduras (US$742k), and El Salvador (US$560k).
The main commercial origins of Lift Trucks; other Handling Carts with Lifting Incorporated in 2023 were United States (US$440M), China (US$299M), Japan (US$65.3M), Germany (US$58.8M), and Italy (US$23M).
In the global context, the main exporting countries of Lift Trucks; other Handling Carts with Lifting Incorporated in 2022 were China (US$6.23B), Germany (US$3.94B), and United States (US$2.03B). In the same year, the main importing countries of Lift Trucks; other Handling Carts with Lifting Incorporated were United States (US$4.44B), Netherlands (US$1.51B), and Canada (US$1.38B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.82B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Lift Trucks; other Handling Carts with Lifting Incorporated in Mexico (including international purchases and sales) was US$1.82B.
The visualizations show the net balance of Lift Trucks; other Handling Carts with Lifting Incorporated 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, 2024
- US$101M, International Purchases
- US$87.8M, International Sales
In March 2024, international sales of Lift Trucks; other Handling Carts with Lifting Incorporated were US$87.8M, while international purchases reached US$101M. The above results in a trade balance of -US$13.2M.
Market Concentration
#permalink to section2024-Q2: US$28.5M, International Sales
The visualization shows the quarterly concentration of international sales of Lift Trucks; other Handling Carts with Lifting Incorporated at state level.
In the second quarter of 2024, international sales were US$28.5M, being the states with the most sales Nuevo León (US$26.3M), Baja California (US$614k), and Chihuahua (US$525k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$335M, State with the Most International Sales (2023)
United States: US$780M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Lift Trucks; other Handling Carts with Lifting Incorporated were Guanajuato (US$335M), Coahuila de Zaragoza (US$270M), Nuevo León (US$196M), Baja California (US$8.91M), and Chihuahua (US$7.47M).
In 2023, the countries with the most international purchases from Mexico were United States (US$780M), Netherlands (US$24.4M), Canada (US$22M), Honduras (US$742k), and El Salvador (US$560k).
International Purchases
#permalink to sectionNuevo León: US$277M, State with the Most International Purchases (2023)
United States: US$440M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lift Trucks; other Handling Carts with Lifting Incorporated were Nuevo León (US$277M), Estado de México (US$186M), Jalisco (US$117M), Ciudad de México (US$106M), and Chihuahua (US$39.5M).
The countries with the most international sales to Mexico in 2023 were United States (US$440M), China (US$299M), Japan (US$65.3M), Germany (US$58.8M), and Italy (US$23M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lift Trucks; other Handling Carts with Lifting Incorporated and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lift Trucks; other Handling Carts with Lifting Incorporated. 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- 1.56%, Mexican share in global exports - 2022
- 2.05%, Mexican share in global imports - 2022
The visualizations show the global market for Lift Trucks; other Handling Carts with Lifting Incorporated. 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 Lift Trucks; other Handling Carts with Lifting Incorporated were China (US$6.23B), Germany (US$3.94B), and United States (US$2.03B). In the same year, the main importing countries for Lift Trucks; other Handling Carts with Lifting Incorporated were United States (US$4.44B), Netherlands (US$1.51B), and Canada (US$1.38B).