ProceduresGovernment

Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere

Código 8477 (Harmonized System 2012 by 4 digits)

 2023: US$1.92B, Total Trade Exchange

2023: US$90.6M, International Sales

  2023: US$1.83B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere was US$1.92B.

In 2023, the states with the most international sales in Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were Chihuahua (US$14.2M), Nuevo León (US$13.3M), Baja California (US$13.3M), Jalisco (US$6.71M), and Guanajuato (US$6.4M).

The states with the most international purchases in 2023 were Querétaro (US$212M), Nuevo León (US$211M), Jalisco (US$205M), Estado de México (US$184M), and Chihuahua (US$165M).

In 2023, the main commercial destinations of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were United States (US$56.2M), Peru (US$3.78M), Canada (US$3.12M), Germany (US$2.66M), and Brazil (US$2.46M).

The main commercial origins of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere in 2023 were China (US$344M), Germany (US$318M), United States (US$293M), Italy (US$171M), and Austria (US$148M).

In the global context, the main exporting countries of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere in 2022 were China (US$7.18B), Germany (US$5.47B), and Japan (US$2.45B). In the same year, the main importing countries of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were United States (US$3.95B), China (US$2.85B), and Germany (US$1.69B).

Trade Balance of Mexico

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Net Trade Balance

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US$1.92B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere in Mexico (including international purchases and sales) was US$1.92B.

The visualizations show the net balance of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere 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$201M, International Purchases
  • US$9.03M, International Sales

In March 2024, international sales of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were US$9.03M, while international purchases reached US$201M. The above results in a trade balance of -US$192M.

Market Concentration

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2024-Q2: US$8.48M, International Sales

The visualization shows the quarterly concentration of international sales of Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere at state level.

In the second quarter of 2024, international sales were US$8.48M, being the states with the most sales Nuevo León (US$2.58M), Baja California (US$1.63M), and Tamaulipas (US$1.07M).

Exchange by Territory

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International Sales

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Chihuahua: US$14.2M, State with the Most International Sales (2023)

United States: US$56.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were Chihuahua (US$14.2M), Nuevo León (US$13.3M), Baja California (US$13.3M), Jalisco (US$6.71M), and Guanajuato (US$6.4M).

In 2023, the countries with the most international purchases from Mexico were United States (US$56.2M), Peru (US$3.78M), Canada (US$3.12M), Germany (US$2.66M), and Brazil (US$2.46M).

International Purchases

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Querétaro: US$212M, State with the Most International Purchases (2023)

China: US$344M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were Querétaro (US$212M), Nuevo León (US$211M), Jalisco (US$205M), Estado de México (US$184M), and Chihuahua (US$165M).

The countries with the most international sales to Mexico in 2023 were China (US$344M), Germany (US$318M), United States (US$293M), Italy (US$171M), and Austria (US$148M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere. 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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  • 0.2%, Mexican share in global exports - 2022
  • 4.83%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere. 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 Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were China (US$7.18B), Germany (US$5.47B), and Japan (US$2.45B). In the same year, the main importing countries for Machinery for Working Rubber or Plastics or for the Manufacture of Products from these Materials, not Specified Elsewhere were United States (US$3.95B), China (US$2.85B), and Germany (US$1.69B).