Test Benches for Motors, Generators, Pumps, Etc
Código 903120 (Harmonized System 2012 by 6 digits)
2023: US$99.7M, Total Trade Exchange
2023: US$34.9M, International Sales
2023: US$64.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Test Benches for Motors, Generators, Pumps, Etc was US$99.7M.
In 2023, the states with the most international sales in Test Benches for Motors, Generators, Pumps, Etc were Sonora (US$20.6M), Chihuahua (US$9.24M), Querétaro (US$1.85M), Guanajuato (US$1.05M), and Baja California (US$709k).
The states with the most international purchases in 2023 were Estado de México (US$10.4M), Querétaro (US$10.1M), Nuevo León (US$8.56M), Aguascalientes (US$6.16M), and Chihuahua (US$5.34M).
In 2023, the main commercial destinations of Test Benches for Motors, Generators, Pumps, Etc were United States (US$32.7M), Austria (US$786k), United Kingdom (US$701k), Honduras (US$152k), and Colombia (US$97.8k).
The main commercial origins of Test Benches for Motors, Generators, Pumps, Etc in 2023 were United States (US$18.4M), Germany (US$17.6M), China (US$13M), Italy (US$3.88M), and Canada (US$2.28M).
In the global context, the main exporting countries of Test Benches for Motors, Generators, Pumps, Etc in 2022 were Germany (US$401M), Italy (US$142M), and Austria (US$142M). In the same year, the main importing countries of Test Benches for Motors, Generators, Pumps, Etc were China (US$308M), United States (US$118M), and Germany (US$67.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$99.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Test Benches for Motors, Generators, Pumps, Etc in Mexico (including international purchases and sales) was US$99.7M.
The visualizations show the net balance of Test Benches for Motors, Generators, Pumps, Etc 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$5.67M, International Purchases
- US$3.47M, International Sales
In November 2024, international sales of Test Benches for Motors, Generators, Pumps, Etc were US$3.47M, while international purchases reached US$5.67M. The above results in a trade balance of -US$2.2M.
Market Concentration
#permalink to section2024-Q4: US$1.98M, International Sales
The visualization shows the quarterly concentration of international sales of Test Benches for Motors, Generators, Pumps, Etc at state level.
In the fourth quarter of 2024, international sales were US$1.98M, being the states with the most sales Chihuahua (US$1.95M) and Baja California (US$24.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$20.6M, State with the Most International Sales (2023)
United States: US$32.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Test Benches for Motors, Generators, Pumps, Etc were Sonora (US$20.6M), Chihuahua (US$9.24M), Querétaro (US$1.85M), Guanajuato (US$1.05M), and Baja California (US$709k).
In 2023, the countries with the most international purchases from Mexico were United States (US$32.7M), Austria (US$786k), United Kingdom (US$701k), Honduras (US$152k), and Colombia (US$97.8k).
International Purchases
#permalink to sectionEstado de México: US$10.4M, State with the Most International Purchases (2023)
United States: US$18.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Test Benches for Motors, Generators, Pumps, Etc were Estado de México (US$10.4M), Querétaro (US$10.1M), Nuevo León (US$8.56M), Aguascalientes (US$6.16M), and Chihuahua (US$5.34M).
The countries with the most international sales to Mexico in 2023 were United States (US$18.4M), Germany (US$17.6M), China (US$13M), Italy (US$3.88M), and Canada (US$2.28M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Test Benches for Motors, Generators, Pumps, Etc and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Test Benches for Motors, Generators, Pumps, Etc. 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- 1.18%, Mexican share in global exports - 2022
- 3.58%, Mexican share in global imports - 2022
The visualizations show the global market for Test Benches for Motors, Generators, Pumps, Etc. 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 Test Benches for Motors, Generators, Pumps, Etc were Germany (US$401M), Italy (US$142M), and Austria (US$142M). In the same year, the main importing countries for Test Benches for Motors, Generators, Pumps, Etc were China (US$308M), United States (US$118M), and Germany (US$67.8M).