Parts of Railways or the Like
Código 8607 (Harmonized System 2012 by 4 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$220M, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were United States (US$220M), Canada (US$7.35M), Malaysia (US$3.32M), China (US$3.19M), and Brazil (US$1.6M).
International Purchases
#permalink to sectionUnited States: US$799M, Main Commercial Origin (2024)
The countries with the most international sales to Mexico in 2024 were United States (US$799M), China (US$271M), Germany (US$24.9M), Brazil (US$22.3M), and Spain (US$20.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Railways or the Like and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts of Railways or the Like. 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- 1.8%, Mexican share in global exports - 2022
- 8.44%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Railways or the Like. 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 Railways or the Like were N/A. In the same year, the main importing countries for Parts of Railways or the Like were Germany (US$1.57B), Mexico (US$1.05B), and United States (US$987M).