Machines and Apparatus, not Specified
Código 8543 (Harmonized System 2012 by 4 digits)
2024: US$6.55B, Total Trade Exchange
2024: US$4.06B, International Sales
2024: US$2.49B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Machines and Apparatus, not Specified was US$6.55B.
In 2024, the states with the most international sales in Machines and Apparatus, not Specified were Chihuahua (US$1.23B), Nuevo León (US$689M), Jalisco (US$639M), Baja California (US$279M), and San Luis Potosí (US$229M).
The states with the most international purchases in 2024 were Ciudad de México (US$1.13B), Baja California (US$364M), Nuevo León (US$201M), Chihuahua (US$152M), and Tamaulipas (US$95.6M).
In 2024, the main commercial destinations of Machines and Apparatus, not Specified were United States (US$3.68B), Netherlands (US$162M), China (US$45.1M), Brazil (US$44.7M), and Canada (US$36M).
The main commercial origins of Machines and Apparatus, not Specified in 2024 were United States (US$1.23B), China (US$522M), Germany (US$132M), Japan (US$90.4M), and Canada (US$75.2M).
In the global context, the main exporting countries of Machines and Apparatus, not Specified in 2022 were China (US$25.2B), Germany (US$4.84B), and United States (US$4.73B). In the same year, the main importing countries of Machines and Apparatus, not Specified were United States (US$16.9B), China (US$5.08B), and Germany (US$4B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$6.55B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Machines and Apparatus, not Specified in Mexico (including international purchases and sales) was US$6.55B.
The visualizations show the net balance of Machines and Apparatus, not Specified 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 sectionDecember, 2024
- US$195M, International Purchases
- US$363M, International Sales
In December 2024, international sales of Machines and Apparatus, not Specified were US$363M, while international purchases reached US$195M. The above results in a trade balance of US$168M.
Market Concentration
#permalink to section2024-Q4: US$1.09B, International Sales
The visualization shows the quarterly concentration of international sales of Machines and Apparatus, not Specified at state level.
In the fourth quarter of 2024, international sales were US$1.09B, being the states with the most sales Chihuahua (US$350M), Nuevo León (US$218M), and Jalisco (US$123M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$1.23B, State with the Most International Sales (2024)
United States: US$3.68B, Main commercial destination (2024)
In 2024, the states with the highest international sales in Machines and Apparatus, not Specified were Chihuahua (US$1.23B), Nuevo León (US$689M), Jalisco (US$639M), Baja California (US$279M), and San Luis Potosí (US$229M).
In 2024, the countries with the most international purchases from Mexico were United States (US$3.68B), Netherlands (US$162M), China (US$45.1M), Brazil (US$44.7M), and Canada (US$36M).
International Purchases
#permalink to sectionCiudad de México: US$1.13B, State with the Most International Purchases (2024)
United States: US$1.23B, Main Commercial Origin (2024)
In 2024, the states with the highest international in Machines and Apparatus, not Specified were Ciudad de México (US$1.13B), Baja California (US$364M), Nuevo León (US$201M), Chihuahua (US$152M), and Tamaulipas (US$95.6M).
The countries with the most international sales to Mexico in 2024 were United States (US$1.23B), China (US$522M), Germany (US$132M), Japan (US$90.4M), and Canada (US$75.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machines and Apparatus, not Specified and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machines and Apparatus, not Specified. 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- 5.12%, Mexican share in global exports - 2022
- 2.51%, Mexican share in global imports - 2022
The visualizations show the global market for Machines and Apparatus, not Specified. 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 Machines and Apparatus, not Specified were China (US$25.2B), Germany (US$4.84B), and United States (US$4.73B). In the same year, the main importing countries for Machines and Apparatus, not Specified were United States (US$16.9B), China (US$5.08B), and Germany (US$4B).