Suspension Shock Absorber for Automobile Vehicles
Código 870880 (Harmonized System 2012 by 6 digits)
2024: US$4.77B, Total Trade Exchange
2024: US$2.53B, International Sales
2024: US$2.24B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Suspension Shock Absorber for Automobile Vehicles was US$4.77B.
In the global context, the main exporting countries of Suspension Shock Absorber for Automobile Vehicles in 2022 were China (US$4.33B), Germany (US$3.47B), and Mexico (US$2.4B). In the same year, the main importing countries of Suspension Shock Absorber for Automobile Vehicles were United States (US$5.64B), Germany (US$2.35B), and Mexico (US$1.86B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.77B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Suspension Shock Absorber for Automobile Vehicles in Mexico (including international purchases and sales) was US$4.77B.
The visualizations show the net balance of Suspension Shock Absorber for Automobile 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 sectionMay, 2025
- US$178M, International Purchases
- US$215M, International Sales
In May 2025, international sales of Suspension Shock Absorber for Automobile Vehicles were US$215M, while international purchases reached US$178M. The above results in a trade balance of US$36.7M.
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Suspension Shock Absorber for Automobile Vehicles and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Suspension Shock Absorber for Automobile 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- 10.2%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Suspension Shock Absorber for Automobile 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 Suspension Shock Absorber for Automobile Vehicles were China (US$4.33B), Germany (US$3.47B), and Mexico (US$2.4B). In the same year, the main importing countries for Suspension Shock Absorber for Automobile Vehicles were United States (US$5.64B), Germany (US$2.35B), and Mexico (US$1.86B).