ProceduresGovernment

Pumps for Liquids

Código 8413 (Harmonized System 2012 by 4 digits)

 2023: US$5.83B, Total Trade Exchange

2023: US$2.68B, International Sales

  2023: US$3.15B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Pumps for Liquids was US$5.83B.

In 2023, the states with the most international sales in Pumps for Liquids were Chihuahua (US$701M), Nuevo León (US$325M), Tamaulipas (US$313M), Guanajuato (US$224M), and Estado de México (US$223M).

The states with the most international purchases in 2023 were Ciudad de México (US$649M), Nuevo León (US$405M), Chihuahua (US$325M), Estado de México (US$323M), and Coahuila de Zaragoza (US$312M).

In 2023, the main commercial destinations of Pumps for Liquids were United States (US$2.4B), Brazil (US$39.4M), Canada (US$33.7M), China (US$23.6M), and Netherlands (US$12.7M).

The main commercial origins of Pumps for Liquids in 2023 were United States (US$1.1B), China (US$797M), Canada (US$225M), Germany (US$218M), and Japan (US$111M).

In the global context, the main exporting countries of Pumps for Liquids in 2022 were China (US$12.4B), Germany (US$11.1B), and United States (US$8.4B). In the same year, the main importing countries of Pumps for Liquids were United States (US$12.5B), Germany (US$5.37B), and China (US$4.36B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$5.83B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Pumps for Liquids in Mexico (including international purchases and sales) was US$5.83B.

The visualizations show the net balance of Pumps for Liquids 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

January, 2024

  • US$335M, International Purchases
  • US$222M, International Sales

In January 2024, international sales of Pumps for Liquids were US$222M, while international purchases reached US$335M. The above results in a trade balance of -US$114M.

Market Concentration

#permalink to section

2024-Q1: US$367M, International Sales

The visualization shows the quarterly concentration of international sales of Pumps for Liquids at state level.

In the first quarter of 2024, international sales were US$367M, being the states with the most sales Chihuahua (US$93.7M), Nuevo León (US$52.7M), and Tamaulipas (US$48.9M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Chihuahua: US$701M, State with the Most International Sales (2023)

United States: US$2.4B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Pumps for Liquids were Chihuahua (US$701M), Nuevo León (US$325M), Tamaulipas (US$313M), Guanajuato (US$224M), and Estado de México (US$223M).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.4B), Brazil (US$39.4M), Canada (US$33.7M), China (US$23.6M), and Netherlands (US$12.7M).

International Purchases

#permalink to section

Ciudad de México: US$649M, State with the Most International Purchases (2023)

United States: US$1.1B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pumps for Liquids were Ciudad de México (US$649M), Nuevo León (US$405M), Chihuahua (US$325M), Estado de México (US$323M), and Coahuila de Zaragoza (US$312M).

The countries with the most international sales to Mexico in 2023 were United States (US$1.1B), China (US$797M), Canada (US$225M), Germany (US$218M), and Japan (US$111M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pumps for Liquids  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pumps for Liquids. 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

  • 3.78%, Mexican share in global exports - 2022
  • 3.91%, Mexican share in global imports - 2022

The visualizations show the global market for Pumps for Liquids. 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 Pumps for Liquids were China (US$12.4B), Germany (US$11.1B), and United States (US$8.4B). In the same year, the main importing countries for Pumps for Liquids were United States (US$12.5B), Germany (US$5.37B), and China (US$4.36B).