Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C
Código 846890 (Harmonized System 2012 by 6 digits)
2023: US$16.5M, Total Trade Exchange
2023: US$4.14M, International Sales
2023: US$12.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C was US$16.5M.
In 2023, the states with the most international sales in Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were Estado de México (US$147k), Nuevo León (US$73.6k), Baja California (US$16.1k), Coahuila de Zaragoza (US$11.9k), and Tamaulipas (US$5.02k).
The states with the most international purchases in 2023 were Sonora (US$4.27M), Nuevo León (US$2.53M), Coahuila de Zaragoza (US$1.06M), Ciudad de México (US$827k), and Estado de México (US$722k).
In 2023, the main commercial destinations of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were United States (US$194k), Nicaragua (US$28k), Costa Rica (US$8.62k), Germany (US$7.5k), and Guatemala (US$4.1k).
The main commercial origins of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C in 2023 were United States (US$5.78M), China (US$3.43M), Germany (US$566k), Austria (US$450k), and Japan (US$358k).
In the global context, the main exporting countries of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C in 2022 were China (US$113M), Austria (US$35.1M), and Germany (US$34.9M). In the same year, the main importing countries of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were United States (US$47.6M), Germany (US$29.4M), and China (US$18.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$16.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C in Mexico (including international purchases and sales) was US$16.5M.
The visualizations show the net balance of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C 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 sectionNovember, 2024
- US$1.02M, International Purchases
- US$266k, International Sales
In November 2024, international sales of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were US$266k, while international purchases reached US$1.02M. The above results in a trade balance of -US$753k.
Market Concentration
#permalink to section2024-Q4: US$4.61k, International Sales
The visualization shows the quarterly concentration of international sales of Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C at state level.
In the fourth quarter of 2024, international sales were US$4.61k, being the states with the most sales Coahuila de Zaragoza (US$4.61k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$147k, State with the Most International Sales (2023)
United States: US$194k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were Estado de México (US$147k), Nuevo León (US$73.6k), Baja California (US$16.1k), Coahuila de Zaragoza (US$11.9k), and Tamaulipas (US$5.02k).
In 2023, the countries with the most international purchases from Mexico were United States (US$194k), Nicaragua (US$28k), Costa Rica (US$8.62k), Germany (US$7.5k), and Guatemala (US$4.1k).
International Purchases
#permalink to sectionSonora: US$4.27M, State with the Most International Purchases (2023)
United States: US$5.78M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were Sonora (US$4.27M), Nuevo León (US$2.53M), Coahuila de Zaragoza (US$1.06M), Ciudad de México (US$827k), and Estado de México (US$722k).
The countries with the most international sales to Mexico in 2023 were United States (US$5.78M), China (US$3.43M), Germany (US$566k), Austria (US$450k), and Japan (US$358k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C. 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- 3.32%, Mexican share in global exports - 2022
- 4.35%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C. 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 of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were China (US$113M), Austria (US$35.1M), and Germany (US$34.9M). In the same year, the main importing countries for Parts of Machinery for Welding or for Temple Superficial, Non-Electric, N.E.C were United States (US$47.6M), Germany (US$29.4M), and China (US$18.7M).