Parts and Accessories of Machines
Código 8473 (Harmonized System 2012 by 4 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$2.91B, State with the Most International Sales (2024)
United States: US$4.48B, Main commercial destination (2024)
In 2024, the states with the highest international sales in Parts and Accessories of Machines were Jalisco (US$2.91B), Chihuahua (US$1.3B), Ciudad de México (US$529M), Nuevo León (US$138M), and Baja California (US$100M).
In 2024, the countries with the most international purchases from Mexico were United States (US$4.48B), Ireland (US$135M), Czech Republic (US$88.1M), China (US$82.9M), and Hungary (US$71.7M).
International Purchases
#permalink to sectionChihuahua: US$11.4B, State with the Most International Purchases (2024)
China: US$5.34B, Main Commercial Origin (2024)
In 2024, the states with the highest international in Parts and Accessories of Machines were Chihuahua (US$11.4B), Jalisco (US$2.52B), Ciudad de México (US$1.32B), Nuevo León (US$711M), and Coahuila de Zaragoza (US$76.8M).
The countries with the most international sales to Mexico in 2024 were China (US$5.34B), Taiwan (Region) (US$4.2B), South Korea (US$2.53B), Vietnam (US$1.52B), and Malaysia (US$978M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts and Accessories of Machines and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts and Accessories of 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- N/A%, Mexican share in global exports - 2022
- 10%, Mexican share in global imports - 2022
The visualizations show the global market for Parts and Accessories of 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 Parts and Accessories of Machines were China (US$620B), United States (US$128B), and Taiwan (Region) (US$124B). In the same year, the main importing countries for Parts and Accessories of Machines were United States (US$242B), Hong Kong (US$213B), and China (US$191B).