ProceduresGovernment

Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up)

Código 890690 (Harmonized System 2012 by 6 digits)

 2024: US$14.8M, Total Trade Exchange

2024: US$12.7M, International Sales

  2024: US$2.1M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) was US$14.8M.

The states with the most international purchases in 2024 were Ciudad de México (US$1.64M) and Tamaulipas (US$203k).

The main commercial origins of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) in 2024 were Norway (US$1.27M), United States (US$350k), China (US$203k), and Spain (US$23.8k).

In the global context, the main exporting countries of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) in 2022 were Oman (US$523M), Romania (US$457M), and Israel (US$396M). In the same year, the main importing countries of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) were India (US$606M), Norway (US$532M), and France (US$355M).

Trade Balance of Mexico

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Net Trade Balance

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US$14.8M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) in Mexico (including international purchases and sales) was US$14.8M.

The visualizations show the net balance of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) 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

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August, 2024: US$15.8k, International Purchases

In August 2024, international sales of Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) were US$0, while international purchases reached US$15.8k. The above results in a trade balance of -US$15.8k.

Exchange by Territory

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International Purchases

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Ciudad de México: US$1.64M, State with the Most International Purchases (2024)

Norway: US$1.27M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) were Ciudad de México (US$1.64M) and Tamaulipas (US$203k).

The countries with the most international sales to Mexico in 2024 were Norway (US$1.27M), United States (US$350k), China (US$203k), and Spain (US$23.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up). 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.

Origins and Trade Destinations

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  • 1.56%, Mexican share in global exports - 2022
  • 0.042%, Mexican share in global imports - 2022

The visualizations show the global market for Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up). 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 Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) were Oman (US$523M), Romania (US$457M), and Israel (US$396M). In the same year, the main importing countries for Vessels, Incl. Lifeboats (Excl. Warships, Rowing Boats and other Vessels of Heading 8901 to 8905 and Vessels for Breaking Up) were India (US$606M), Norway (US$532M), and France (US$355M).