ProceduresGovernment

Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4

Código 8448 (Harmonized System 2012 by 4 digits)

 2023: US$54.9M, Total Trade Exchange

2023: US$2.53M, International Sales

  2023: US$52.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 was US$54.9M.

In 2023, the states with the most international sales in Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were Ciudad de México (US$1.15M), Estado de México (US$682k), Chihuahua (US$154k), Guanajuato (US$125k), and Nuevo León (US$116k).

The states with the most international purchases in 2023 were Estado de México (US$13.5M), Ciudad de México (US$8.13M), Puebla (US$6.21M), Coahuila de Zaragoza (US$5.33M), and Hidalgo (US$3.87M).

In 2023, the main commercial destinations of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were United States (US$1.55M), Guatemala (US$276k), Germany (US$165k), Honduras (US$119k), and Nicaragua (US$110k).

The main commercial origins of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 in 2023 were Germany (US$12.3M), United States (US$4.94M), China (US$4.87M), Switzerland (US$4.12M), and Italy (US$4.05M).

In the global context, the main exporting countries of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 in 2022 were Germany (US$975M), China (US$886M), and Switzerland (US$385M). In the same year, the main importing countries of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were China (US$899M), India (US$503M), and Germany (US$494M).

Trade Balance of Mexico

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Net Trade Balance

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US$54.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 in Mexico (including international purchases and sales) was US$54.9M.

The visualizations show the net balance of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 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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July, 2024

  • US$5.14M, International Purchases
  • US$214k, International Sales

In July 2024, international sales of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were US$214k, while international purchases reached US$5.14M. The above results in a trade balance of -US$4.92M.

Market Concentration

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2024-Q3: US$60.6k, International Sales

The visualization shows the quarterly concentration of international sales of Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 at state level.

In the third quarter of 2024, international sales were US$60.6k, being the states with the most sales Baja California (US$38.7k) and Ciudad de México (US$21.9k).

Exchange by Territory

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International Sales

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Ciudad de México: US$1.15M, State with the Most International Sales (2023)

United States: US$1.55M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were Ciudad de México (US$1.15M), Estado de México (US$682k), Chihuahua (US$154k), Guanajuato (US$125k), and Nuevo León (US$116k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.55M), Guatemala (US$276k), Germany (US$165k), Honduras (US$119k), and Nicaragua (US$110k).

International Purchases

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Estado de México: US$13.5M, State with the Most International Purchases (2023)

Germany: US$12.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were Estado de México (US$13.5M), Ciudad de México (US$8.13M), Puebla (US$6.21M), Coahuila de Zaragoza (US$5.33M), and Hidalgo (US$3.87M).

The countries with the most international sales to Mexico in 2023 were Germany (US$12.3M), United States (US$4.94M), China (US$4.87M), Switzerland (US$4.12M), and Italy (US$4.05M).

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 Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4. 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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  • 0.016%, Mexican share in global exports - 2022
  • 1.13%, Mexican share in global imports - 2022

The visualizations show the global market for Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4. 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 Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were Germany (US$975M), China (US$886M), and Switzerland (US$385M). In the same year, the main importing countries for Auxiliary Machinery for Machines of Items 8444, 8445, 8446 or 8447 (Example: Maquinitas Dobby, Jacquards, Warp Stop Motions and Weft Stop, Shuttle Changing Mechanisms); Parts and Accessories Suitable for Use Solely or Principally with the Machines of this Heading or of Heading 8444, 8445, 84.4 were China (US$899M), India (US$503M), and Germany (US$494M).