Milking Machines
Código 843410 (Harmonized System 2012 by 6 digits)
2017: US$911k, International Sales
2023: US$1.26M, International Purchases
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Milking Machines 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 sectionOctober, 2024: US$241k, International Purchases
In October 2024, international sales of Milking Machines were US$0, while international purchases reached US$241k. The above results in a trade balance of -US$241k.
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Milking Machines and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Milking Machines. 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- 0.0036%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Milking Machines. 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 Milking Machines were Netherlands (US$244M), Germany (US$111M), and Sweden (US$87.5M). In the same year, the main importing countries for Milking Machines were Germany (US$100M), France (US$66.1M), and Canada (US$33.8M).