Machine Tools Operated by Electro
Código 845630 (Harmonized System 2012 by 6 digits)
2024: US$24.3M, Total Trade Exchange
2024: US$2.33M, International Sales
2024: US$21.9M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Machine Tools Operated by Electro was US$24.3M.
In 2024, the states with the most international sales in Machine Tools Operated by Electro were Chihuahua (US$1.08M), Baja California (US$259k), and Sonora (US$154k).
The states with the most international purchases in 2024 were Querétaro (US$4.74M), Ciudad de México (US$2.78M), Nuevo León (US$2.6M), Jalisco (US$1.45M), and Sonora (US$1.31M).
In 2024, the main commercial destinations of Machine Tools Operated by Electro were China (US$938k) and United States (US$556k).
The main commercial origins of Machine Tools Operated by Electro in 2024 were China (US$5.13M), Thailand (US$3.43M), Taiwan (Republic of China) (US$3.39M), Japan (US$2.42M), and Germany (US$1.93M).
In the global context, the main exporting countries of Machine Tools Operated by Electro in 2022 were Japan (US$226M), China (US$163M), and Switzerland (US$134M). In the same year, the main importing countries of Machine Tools Operated by Electro were China (US$176M), United States (US$170M), and Germany (US$80.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$24.3M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Machine Tools Operated by Electro in Mexico (including international purchases and sales) was US$24.3M.
The visualizations show the net balance of Machine Tools Operated by Electro 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, 2025: US$1.61M, International Purchases
In March 2025, international sales of Machine Tools Operated by Electro were US$0, while international purchases reached US$1.61M. The above results in a trade balance of -US$1.61M.
Market Concentration
#permalink to section2025-Q1: US$51.7k, International Sales
The visualization shows the quarterly concentration of international sales of Machine Tools Operated by Electro at state level.
In the first quarter of 2025, international sales were US$51.7k, being the states with the most sales Chihuahua (US$51.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$1.08M, State with the Most International Sales (2024)
China: US$938k, Main commercial destination (2024)
In 2024, the states with the highest international sales in Machine Tools Operated by Electro were Chihuahua (US$1.08M), Baja California (US$259k), and Sonora (US$154k).
In 2024, the countries with the most international purchases from Mexico were China (US$938k) and United States (US$556k).
International Purchases
#permalink to sectionQuerétaro: US$4.74M, State with the Most International Purchases (2024)
China: US$5.13M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Machine Tools Operated by Electro were Querétaro (US$4.74M), Ciudad de México (US$2.78M), Nuevo León (US$2.6M), Jalisco (US$1.45M), and Sonora (US$1.31M).
The countries with the most international sales to Mexico in 2024 were China (US$5.13M), Thailand (US$3.43M), Taiwan (Republic of China) (US$3.39M), Japan (US$2.42M), and Germany (US$1.93M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machine Tools Operated by Electro and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machine Tools Operated by Electro. 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- 0.084%, Mexican share in global exports - 2022
- 2.13%, Mexican share in global imports - 2022
The visualizations show the global market for Machine Tools Operated by Electro. 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 Machine Tools Operated by Electro were Japan (US$226M), China (US$163M), and Switzerland (US$134M). In the same year, the main importing countries for Machine Tools Operated by Electro were China (US$176M), United States (US$170M), and Germany (US$80.9M).