Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$2.91M, State with the Most International Sales (2024)
United States: US$6.4M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Tools for Boring or Broaching, Interchangeable were Baja California (US$2.91M), Ciudad de México (US$2.16M), Querétaro (US$976k), Coahuila de Zaragoza (US$560k), and San Luis Potosí (US$318k).
In 2024, the countries with the most international purchases from Mexico were United States (US$6.4M), China (US$552k), Japan (US$441k), Germany (US$248k), and Italy (US$25.4k).
International Purchases
#permalink to sectionNuevo León: US$13.3M, State with the Most International Purchases (2024)
United States: US$33.8M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Tools for Boring or Broaching, Interchangeable were Nuevo León (US$13.3M), Querétaro (US$11.5M), Baja California (US$8.27M), Ciudad de México (US$8.09M), and Coahuila de Zaragoza (US$5.93M).
The countries with the most international sales to Mexico in 2024 were United States (US$33.8M), Germany (US$10.9M), Japan (US$6.63M), China (US$3.2M), and Spain (US$2.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tools for Boring or Broaching, Interchangeable and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tools for Boring or Broaching, Interchangeable. 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- 0.27%, Mexican share in global exports - 2022
- 10.9%, Mexican share in global imports - 2022
The visualizations show the global market for Tools for Boring or Broaching, Interchangeable. 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 Tools for Boring or Broaching, Interchangeable were N/A. In the same year, the main importing countries for Tools for Boring or Broaching, Interchangeable were United States (US$69.2M), Mexico (US$51M), and China (US$44.9M).