Código 8481 (Harmonized System 2012 by 4 digits)
2023: US$7.77B, Total Trade Exchange
2023: US$3.4B, International Sales
2023: US$4.37B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves was US$7.77B.
In 2023, the states with the most international sales in Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were Nuevo León (US$689M), Estado de México (US$400M), Chihuahua (US$386M), Baja California (US$282M), and Tamaulipas (US$260M).
The states with the most international purchases in 2023 were Ciudad de México (US$748M), Nuevo León (US$690M), Estado de México (US$409M), Coahuila de Zaragoza (US$361M), and Chihuahua (US$312M).
In 2023, the main commercial destinations of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were United States (US$3.07B), Canada (US$57.1M), Brazil (US$39.2M), China (US$34.1M), and Iraq (US$17.7M).
The main commercial origins of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves in 2023 were United States (US$1.97B), China (US$901M), Germany (US$243M), Japan (US$164M), and South Korea (US$137M).
In the global context, the main exporting countries of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves in 2022 were China (US$22.5B), Germany (US$14.4B), and United States (US$12.7B). In the same year, the main importing countries of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were United States (US$17.8B), China (US$8.22B), and Germany (US$8.01B).
US$7.77B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves in Mexico (including international purchases and sales) was US$7.77B.
The visualizations show the net balance of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves 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.
March, 2024
In March 2024, international sales of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were US$322M, while international purchases reached US$385M. The above results in a trade balance of -US$62.8M.
2024-Q2: US$322M, International Sales
The visualization shows the quarterly concentration of international sales of Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves at state level.
In the second quarter of 2024, international sales were US$322M, being the states with the most sales Nuevo León (US$60.6M), Chihuahua (US$33.2M), and Estado de México (US$32.8M).
Nuevo León: US$689M, State with the Most International Sales (2023)
United States: US$3.07B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were Nuevo León (US$689M), Estado de México (US$400M), Chihuahua (US$386M), Baja California (US$282M), and Tamaulipas (US$260M).
In 2023, the countries with the most international purchases from Mexico were United States (US$3.07B), Canada (US$57.1M), Brazil (US$39.2M), China (US$34.1M), and Iraq (US$17.7M).
Ciudad de México: US$748M, State with the Most International Purchases (2023)
United States: US$1.97B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were Ciudad de México (US$748M), Nuevo León (US$690M), Estado de México (US$409M), Coahuila de Zaragoza (US$361M), and Chihuahua (US$312M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.97B), China (US$901M), Germany (US$243M), Japan (US$164M), and South Korea (US$137M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves. 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.
The visualizations show the global market for Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves. 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 Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were China (US$22.5B), Germany (US$14.4B), and United States (US$12.7B). In the same year, the main importing countries for Valves and Similar Articles for Pipes, Vats or the Like, Including Pressure-Reducing Valves and Thermostatically Controlled Valves were United States (US$17.8B), China (US$8.22B), and Germany (US$8.01B).