Railway (Train) Equipment and Vehicles
Code 86 (Harmonized System 2012 by 2 digits)
2023: US$7.04B, Total Trade Exchange
2023: US$5.26B, International Sales
2023: US$1.79B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Railway (Train) Equipment and Vehicles was US$7.04B.
In 2023, the states with the most international sales in Railway (Train) Equipment and Vehicles were Hidalgo (US$2.11B), Ciudad de México (US$1.88B), Coahuila de Zaragoza (US$1.14B), Nuevo León (US$62.4M), and San Luis Potosí (US$16.2M).
The states with the most international purchases in 2023 were Ciudad de México (US$840M), Hidalgo (US$460M), Coahuila de Zaragoza (US$350M), San Luis Potosí (US$60.4M), and Nuevo León (US$40.3M).
In 2023, the main commercial destinations of Railway (Train) Equipment and Vehicles were United States (US$5.13B), Canada (US$98.1M), Philippines (US$14.5M), China (US$3.38M), and Malaysia (US$2.23M).
The main commercial origins of Railway (Train) Equipment and Vehicles in 2023 were United States (US$1.18B), China (US$422M), Spain (US$51.7M), India (US$20.4M), and France (US$19.2M).
In the global context, the main exporting countries of Railway (Train) Equipment and Vehicles in 2022 were China (US$8.54B), Germany (US$3.55B), and United States (US$3.24B). In the same year, the main importing countries of Railway (Train) Equipment and Vehicles were United States (US$3.52B), Germany (US$3.37B), and Canada (US$1.63B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$7.04B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Railway (Train) Equipment and Vehicles in Mexico (including international purchases and sales) was US$7.04B.
The visualizations show the net balance of Railway (Train) Equipment and Vehicles 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$404M, International Sales
- US$187M, International Purchases
In November 2024, international sales of Railway (Train) Equipment and Vehicles were US$404M and a total of US$187M in international purchases. For this month the net trade balance of Railway (Train) Equipment and Vehicles it was of US$217M.
Market Concentration
#permalink to section2024-Q4: US$493M, International Sales
The visualization shows the quarterly concentration of international sales of Railway (Train) Equipment and Vehicles at state level.
In the fourth quarter of 2024, international sales were US$493M, being the states with the most sales Ciudad de México (US$286M), Coahuila de Zaragoza (US$191M), and Nuevo León (US$8.37M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionHidalgo: US$2.11B, State with the Most International Sales (2023)
United States: US$5.13B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Railway (Train) Equipment and Vehicles were Hidalgo (US$2.11B), Ciudad de México (US$1.88B), Coahuila de Zaragoza (US$1.14B), Nuevo León (US$62.4M), and San Luis Potosí (US$16.2M).
In 2023, the countries with the most international purchases from Mexico were United States (US$5.13B), Canada (US$98.1M), Philippines (US$14.5M), China (US$3.38M), and Malaysia (US$2.23M).
International Purchases
#permalink to sectionCiudad de México: US$840M, State with the Most International Purchases (2023)
United States: US$1.18B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Railway (Train) Equipment and Vehicles were Ciudad de México (US$840M), Hidalgo (US$460M), Coahuila de Zaragoza (US$350M), San Luis Potosí (US$60.4M), and Nuevo León (US$40.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.18B), China (US$422M), Spain (US$51.7M), India (US$20.4M), and France (US$19.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Railway (Train) Equipment and Vehicles and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Railway (Train) Equipment and Vehicles. 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- 1.47%, Mexican share in global exports - 2022
- 3.84%, Mexican share in global imports - 2022
The visualizations show the global market for Railway (Train) Equipment and Vehicles. 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 Railway (Train) Equipment and Vehicles were China (US$8.54B), Germany (US$3.55B), and United States (US$3.24B). In the same year, the main importing countries for Railway (Train) Equipment and Vehicles were United States (US$3.52B), Germany (US$3.37B), and Canada (US$1.63B).