ProceduresGovernment

Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics)

Código 8428 (Harmonized System 2012 by 4 digits)

 2023: US$1.79B, Total Trade Exchange

2023: US$579M, International Sales

  2023: US$1.21B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) was US$1.79B.

In 2023, the states with the most international sales in Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were Baja California (US$254M), Nuevo León (US$90.9M), Chihuahua (US$63.7M), Ciudad de México (US$40.9M), and Estado de México (US$33.1M).

The states with the most international purchases in 2023 were Ciudad de México (US$254M), Nuevo León (US$181M), Estado de México (US$129M), Baja California (US$112M), and Chihuahua (US$103M).

In 2023, the main commercial destinations of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were United States (US$501M), Canada (US$18M), China (US$6.58M), Guatemala (US$4.93M), and Germany (US$4.79M).

The main commercial origins of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) in 2023 were United States (US$408M), China (US$165M), Italy (US$100M), Germany (US$90.5M), and Austria (US$82.1M).

In the global context, the main exporting countries of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) in 2022 were China (US$7.16B), Germany (US$5.01B), and Italy (US$2.5B). In the same year, the main importing countries of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were United States (US$5.83B), Germany (US$2.04B), and United Kingdom (US$1.62B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$1.79B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) in Mexico (including international purchases and sales) was US$1.79B.

The visualizations show the net balance of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) 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 section

July, 2024

  • US$115M, International Purchases
  • US$82.7M, International Sales

In July 2024, international sales of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were US$82.7M, while international purchases reached US$115M. The above results in a trade balance of -US$32.6M.

Market Concentration

#permalink to section

2024-Q3: US$81.6M, International Sales

The visualization shows the quarterly concentration of international sales of Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) at state level.

In the third quarter of 2024, international sales were US$81.6M, being the states with the most sales Chihuahua (US$34.2M), Baja California (US$33.9M), and Nuevo León (US$4.58M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$254M, State with the Most International Sales (2023)

United States: US$501M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were Baja California (US$254M), Nuevo León (US$90.9M), Chihuahua (US$63.7M), Ciudad de México (US$40.9M), and Estado de México (US$33.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$501M), Canada (US$18M), China (US$6.58M), Guatemala (US$4.93M), and Germany (US$4.79M).

International Purchases

#permalink to section

Ciudad de México: US$254M, State with the Most International Purchases (2023)

United States: US$408M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were Ciudad de México (US$254M), Nuevo León (US$181M), Estado de México (US$129M), Baja California (US$112M), and Chihuahua (US$103M).

The countries with the most international sales to Mexico in 2023 were United States (US$408M), China (US$165M), Italy (US$100M), Germany (US$90.5M), and Austria (US$82.1M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics). 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

#permalink to section

  • 1.65%, Mexican share in global exports - 2022
  • 2.48%, Mexican share in global imports - 2022

The visualizations show the global market for Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics). 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 Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were China (US$7.16B), Germany (US$5.01B), and Italy (US$2.5B). In the same year, the main importing countries for Other Machinery for Lifting, Loading or Unloading ( Elevators, Escalators, Conveyors, Teleferics) were United States (US$5.83B), Germany (US$2.04B), and United Kingdom (US$1.62B).