ProceduresGovernment

Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C

Código 840490 (Harmonized System 2012 by 6 digits)

 2023: US$12.5M, Total Trade Exchange

2023: US$8.42M, International Sales

  2023: US$4.07M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C was US$12.5M.

In 2021, the states with the most international sales in Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were Nuevo León (US$2.15M).

The states with the most international purchases in 2023 were Ciudad de México (US$2.67M), Nuevo León (US$661k), and Baja California (US$4.35k).

In 2021, the main commercial destinations of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were United States (US$2.11M) and South Korea (US$37.9k).

The main commercial origins of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C in 2023 were Netherlands (US$2.66M), South Korea (US$353k), United States (US$308k), India (US$6.13k), and China (US$5.05k).

In the global context, the main exporting countries of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C in 2022 were China (US$285M), Japan (US$66.1M), and United States (US$60.6M). In the same year, the main importing countries of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were Indonesia (US$260M), Nigeria (US$38.2M), and Bangladesh (US$38.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$12.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C in Mexico (including international purchases and sales) was US$12.5M.

The visualizations show the net balance of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C 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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June, 2024: US$148k, International Purchases

In June 2024, international sales of Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were US$0, while international purchases reached US$148k. The above results in a trade balance of -US$148k.

Exchange by Territory

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International Sales

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Nuevo León: US$2.15M, State with the Most International Sales (2021)

United States: US$2.11M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were Nuevo León (US$2.15M).

In 2021, the countries with the most international purchases from Mexico were United States (US$2.11M) and South Korea (US$37.9k).

International Purchases

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Ciudad de México: US$2.67M, State with the Most International Purchases (2023)

Netherlands: US$2.66M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were Ciudad de México (US$2.67M), Nuevo León (US$661k), and Baja California (US$4.35k).

The countries with the most international sales to Mexico in 2023 were Netherlands (US$2.66M), South Korea (US$353k), United States (US$308k), India (US$6.13k), and China (US$5.05k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C. 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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  • 0.6%, Mexican share in global exports - 2022
  • 1.01%, Mexican share in global imports - 2022

The visualizations show the global market for Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C. 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 Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were China (US$285M), Japan (US$66.1M), and United States (US$60.6M). In the same year, the main importing countries for Auxiliary Equipment Parts for Boilers of Heading 8402 or 8403, and Parts of Condensers for Steam Engines, N.E.C were Indonesia (US$260M), Nigeria (US$38.2M), and Bangladesh (US$38.2M).