Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts
Código 8716 (Harmonized System 2012 by 4 digits)
2023: US$5.98B, Total Trade Exchange
2023: US$4.29B, International Sales
2023: US$1.69B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts was US$5.98B.
In 2023, the states with the most international sales in Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were Baja California (US$2.42B), Nuevo León (US$717M), Chihuahua (US$619M), Coahuila de Zaragoza (US$146M), and Estado de México (US$131M).
The states with the most international purchases in 2023 were Baja California (US$648M), Nuevo León (US$352M), Estado de México (US$162M), Querétaro (US$109M), and Chihuahua (US$94.7M).
In 2023, the main commercial destinations of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were United States (US$4.23B), Puerto Rico (US$13.8M), Guatemala (US$9.56M), Canada (US$7.99M), and Peru (US$6.53M).
The main commercial origins of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts in 2023 were United States (US$1.3B), China (US$267M), Canada (US$29.5M), Germany (US$21.6M), and India (US$11.8M).
In the global context, the main exporting countries of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts in 2022 were Germany (US$7.09B), China (US$6.9B), and United States (US$5.39B). In the same year, the main importing countries of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were United States (US$6.86B), Canada (US$4.12B), and Germany (US$3.32B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$5.98B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts in Mexico (including international purchases and sales) was US$5.98B.
The visualizations show the net balance of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts 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 sectionMarch, 2024
- US$128M, International Purchases
- US$330M, International Sales
In March 2024, international sales of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were US$330M, while international purchases reached US$128M. The above results in a trade balance of US$203M.
Market Concentration
#permalink to section2024-Q2: US$329M, International Sales
The visualization shows the quarterly concentration of international sales of Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts at state level.
In the second quarter of 2024, international sales were US$329M, being the states with the most sales Baja California (US$187M), Nuevo León (US$61.9M), and Chihuahua (US$47.3M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$2.42B, State with the Most International Sales (2023)
United States: US$4.23B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were Baja California (US$2.42B), Nuevo León (US$717M), Chihuahua (US$619M), Coahuila de Zaragoza (US$146M), and Estado de México (US$131M).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.23B), Puerto Rico (US$13.8M), Guatemala (US$9.56M), Canada (US$7.99M), and Peru (US$6.53M).
International Purchases
#permalink to sectionBaja California: US$648M, State with the Most International Purchases (2023)
United States: US$1.3B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were Baja California (US$648M), Nuevo León (US$352M), Estado de México (US$162M), Querétaro (US$109M), and Chihuahua (US$94.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.3B), China (US$267M), Canada (US$29.5M), Germany (US$21.6M), and India (US$11.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts. 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- 9.98%, Mexican share in global exports - 2022
- 3.75%, Mexican share in global imports - 2022
The visualizations show the global market for Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts. 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 Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were Germany (US$7.09B), China (US$6.9B), and United States (US$5.39B). In the same year, the main importing countries for Trailers and Semi-Trailers; other Vehicles not Mechanically Propelled; his Parts were United States (US$6.86B), Canada (US$4.12B), and Germany (US$3.32B).