ProceduresGovernment

Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521

Código 8522 (Harmonized System 2012 by 4 digits)

 2023: US$14.1M, Total Trade Exchange

2023: US$517k, International Sales

  2023: US$13.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 was US$14.1M.

In 2023, the states with the most international sales in Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were Baja California (US$235k), Chihuahua (US$7.07k), and Ciudad de México (US$1.69k).

The states with the most international purchases in 2023 were Tamaulipas (US$4.61M), Querétaro (US$4.47M), Chihuahua (US$3.06M), Baja California (US$405k), and Ciudad de México (US$400k).

In 2023, the main commercial destinations of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were United States (US$222k), Malaysia (US$20.4k), Guatemala (US$962), Peru (US$390), and Panama (US$221).

The main commercial origins of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 in 2023 were China (US$8.26M), Thailand (US$3.58M), United States (US$676k), Japan (US$251k), and Taiwan (Republic of China) (US$145k).

In the global context, the main exporting countries of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 in 2022 were China (US$627M), Indonesia (US$175M), and United States (US$101M). In the same year, the main importing countries of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were Hong Kong (US$195M), Singapore (US$185M), and China (US$153M).

Trade Balance of Mexico

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Net Trade Balance

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US$14.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 in Mexico (including international purchases and sales) was US$14.1M.

The visualizations show the net balance of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 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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February, 2024

  • US$791k, International Purchases
  • US$86.1k, International Sales

In February 2024, international sales of Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were US$86.1k, while international purchases reached US$791k. The above results in a trade balance of -US$705k.

Exchange by Territory

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International Sales

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Baja California: US$235k, State with the Most International Sales (2023)

United States: US$222k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were Baja California (US$235k), Chihuahua (US$7.07k), and Ciudad de México (US$1.69k).

In 2023, the countries with the most international purchases from Mexico were United States (US$222k), Malaysia (US$20.4k), Guatemala (US$962), Peru (US$390), and Panama (US$221).

International Purchases

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Tamaulipas: US$4.61M, State with the Most International Purchases (2023)

China: US$8.26M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were Tamaulipas (US$4.61M), Querétaro (US$4.47M), Chihuahua (US$3.06M), Baja California (US$405k), and Ciudad de México (US$400k).

The countries with the most international sales to Mexico in 2023 were China (US$8.26M), Thailand (US$3.58M), United States (US$676k), Japan (US$251k), and Taiwan (Republic of China) (US$145k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521. 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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  • 0.28%, Mexican share in global exports - 2022
  • 1.58%, Mexican share in global imports - 2022

The visualizations show the global market for Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521. 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 Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were China (US$627M), Indonesia (US$175M), and United States (US$101M). In the same year, the main importing countries for Parts and Accessories Suitable for Use Solely or Principally with the Apparatus of Heading 8519 u 8521 were Hong Kong (US$195M), Singapore (US$185M), and China (US$153M).