Tools, Implements, Cutlery, Etc
Code 82 (Harmonized System 2012 by 2 digits)
2024: US$4.15B, Total Trade Exchange
2024: US$1.31B, International Sales
2024: US$2.84B, International Purchases
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$672M, State with the Most International Sales (2024)
United States: US$952M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Tools, Implements, Cutlery, Etc were Estado de México (US$672M), Sonora (US$189M), Tamaulipas (US$86.9M), Baja California (US$70.3M), and Puebla (US$57.1M).
In 2024, the countries with the most international purchases from Mexico were United States (US$952M), Colombia (US$47.4M), Peru (US$33.7M), Guatemala (US$32.3M), and Chile (US$25.7M).
International Purchases
#permalink to sectionEstado de México: US$448M, State with the Most International Purchases (2024)
United States: US$797M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Tools, Implements, Cutlery, Etc were Estado de México (US$448M), Nuevo León (US$424M), Ciudad de México (US$332M), Querétaro (US$296M), and Puebla (US$178M).
The countries with the most international sales to Mexico in 2024 were United States (US$797M), China (US$758M), South Korea (US$221M), Germany (US$215M), and Japan (US$165M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tools, Implements, Cutlery, Etc and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tools, Implements, Cutlery, 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- 1.53%, Mexican share in global exports - 2022
- 3.32%, Mexican share in global imports - 2022
The visualizations show the global market for Tools, Implements, Cutlery, 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 Tools, Implements, Cutlery, Etc were China (US$22.3B), Germany (US$9.43B), and United States (US$4.79B). In the same year, the main importing countries for Tools, Implements, Cutlery, Etc were United States (US$12.4B), Germany (US$6.5B), and Netherlands (US$2.65B).