Parts of Railways or the Like
Código 8607 (Harmonized System 2012 by 4 digits)
2023: US$1.51B, Total Trade Exchange
2023: US$234M, International Sales
2023: US$1.28B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Parts of Railways or the Like was US$1.51B.
In 2023, the states with the most international sales in Parts of Railways or the Like were Hidalgo (US$74.1M), Nuevo León (US$61.1M), Coahuila de Zaragoza (US$35.7M), Ciudad de México (US$33M), and San Luis Potosí (US$14.8M).
The states with the most international purchases in 2023 were Ciudad de México (US$461M), Hidalgo (US$444M), Coahuila de Zaragoza (US$292M), Nuevo León (US$29.9M), and Tamaulipas (US$3.84M).
In 2023, the main commercial destinations of Parts of Railways or the Like were United States (US$212M), Canada (US$3.51M), China (US$3.37M), Malaysia (US$2.23M), and Sweden (US$1.65M).
The main commercial origins of Parts of Railways or the Like in 2023 were United States (US$915M), China (US$225M), India (US$20.3M), Brazil (US$16.7M), and Spain (US$12.7M).
In the global context, the main exporting countries of Parts of Railways or the Like in 2022 were Germany (US$1.95B), China (US$1.59B), and United States (US$1.57B). In the same year, the main importing countries of Parts of Railways or the Like were Germany (US$1.57B), Mexico (US$1.05B), and United States (US$987M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.51B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Parts of Railways or the Like in Mexico (including international purchases and sales) was US$1.51B.
The visualizations show the net balance of Parts of Railways or the Like 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 sectionNovember, 2024
- US$90.4M, International Purchases
- US$19.5M, International Sales
In November 2024, international sales of Parts of Railways or the Like were US$19.5M, while international purchases reached US$90.4M. The above results in a trade balance of -US$70.8M.
Market Concentration
#permalink to section2024-Q4: US$42.1M, International Sales
The visualization shows the quarterly concentration of international sales of Parts of Railways or the Like at state level.
In the fourth quarter of 2024, international sales were US$42.1M, being the states with the most sales Hidalgo (US$16M), Nuevo León (US$8.35M), and Ciudad de México (US$7.09M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionHidalgo: US$74.1M, State with the Most International Sales (2023)
United States: US$212M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Parts of Railways or the Like were Hidalgo (US$74.1M), Nuevo León (US$61.1M), Coahuila de Zaragoza (US$35.7M), Ciudad de México (US$33M), and San Luis Potosí (US$14.8M).
In 2023, the countries with the most international purchases from Mexico were United States (US$212M), Canada (US$3.51M), China (US$3.37M), Malaysia (US$2.23M), and Sweden (US$1.65M).
International Purchases
#permalink to sectionCiudad de México: US$461M, State with the Most International Purchases (2023)
United States: US$915M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Parts of Railways or the Like were Ciudad de México (US$461M), Hidalgo (US$444M), Coahuila de Zaragoza (US$292M), Nuevo León (US$29.9M), and Tamaulipas (US$3.84M).
The countries with the most international sales to Mexico in 2023 were United States (US$915M), China (US$225M), India (US$20.3M), Brazil (US$16.7M), and Spain (US$12.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Railways or the Like and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts of Railways or the Like. 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- 1.8%, Mexican share in global exports - 2022
- 8.44%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Railways or the Like. 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 Parts of Railways or the Like were Germany (US$1.95B), China (US$1.59B), and United States (US$1.57B). In the same year, the main importing countries for Parts of Railways or the Like were Germany (US$1.57B), Mexico (US$1.05B), and United States (US$987M).