Automobile Body Tourism
Código 870710 (Harmonized System 2012 by 6 digits)
2023: US$65M, Total Trade Exchange
2023: US$20.3M, International Sales
2023: US$44.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Automobile Body Tourism was US$65M.
In 2023, the states with the most international sales in Automobile Body Tourism were Puebla (US$3.02M) and Ciudad de México (US$88.6k).
The states with the most international purchases in 2023 were Ciudad de México (US$7.21M), Nuevo León (US$718k), Jalisco (US$366k), Tamaulipas (US$129k), and Chihuahua (US$19.9k).
In 2023, the main commercial destinations of Automobile Body Tourism were India (US$2.93M), United States (US$99.7k), Germany (US$66.3k), France (US$10.2k), and Canada (US$2k).
The main commercial origins of Automobile Body Tourism in 2023 were United States (US$5.45M), China (US$1.53M), Japan (US$1.07M), South Korea (US$165k), and United Kingdom (US$110k).
In the global context, the main exporting countries of Automobile Body Tourism in 2022 were China (US$674M), South Korea (US$515M), and Germany (US$512M). In the same year, the main importing countries of Automobile Body Tourism were Kazakhstan (US$932M), Iran (US$534M), and United Kingdom (US$366M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$65M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Automobile Body Tourism in Mexico (including international purchases and sales) was US$65M.
The visualizations show the net balance of Automobile Body Tourism 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 sectionJuly, 2024
- US$4.69M, International Purchases
- US$975k, International Sales
In July 2024, international sales of Automobile Body Tourism were US$975k, while international purchases reached US$4.69M. The above results in a trade balance of -US$3.72M.
Market Concentration
#permalink to section2024-Q2: US$53.5k, International Sales
The visualization shows the quarterly concentration of international sales of Automobile Body Tourism at state level.
In the second quarter of 2024, international sales were US$53.5k, being the states with the most sales Ciudad de México (US$53.5k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionPuebla: US$3.02M, State with the Most International Sales (2023)
India: US$2.93M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Automobile Body Tourism were Puebla (US$3.02M) and Ciudad de México (US$88.6k).
In 2023, the countries with the most international purchases from Mexico were India (US$2.93M), United States (US$99.7k), Germany (US$66.3k), France (US$10.2k), and Canada (US$2k).
International Purchases
#permalink to sectionCiudad de México: US$7.21M, State with the Most International Purchases (2023)
United States: US$5.45M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Automobile Body Tourism were Ciudad de México (US$7.21M), Nuevo León (US$718k), Jalisco (US$366k), Tamaulipas (US$129k), and Chihuahua (US$19.9k).
The countries with the most international sales to Mexico in 2023 were United States (US$5.45M), China (US$1.53M), Japan (US$1.07M), South Korea (US$165k), and United Kingdom (US$110k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Automobile Body Tourism and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Automobile Body Tourism. 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- 0.56%, Mexican share in global exports - 2022
- 0.29%, Mexican share in global imports - 2022
The visualizations show the global market for Automobile Body Tourism. 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 Automobile Body Tourism were China (US$674M), South Korea (US$515M), and Germany (US$512M). In the same year, the main importing countries for Automobile Body Tourism were Kazakhstan (US$932M), Iran (US$534M), and United Kingdom (US$366M).