ProceduresGovernment

Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber

Código 401031 (Harmonized System 2012 by 6 digits)

 2023: US$54M, Total Trade Exchange

2023: US$25.7M, International Sales

  2023: US$28.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber was US$54M.

In 2023, the states with the most international sales in Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were Ciudad de México (US$14M), Chihuahua (US$10.6M), San Luis Potosí (US$777k), Estado de México (US$110k), and Nuevo León (US$88.9k).

The states with the most international purchases in 2023 were Querétaro (US$7.19M), Ciudad de México (US$5.56M), San Luis Potosí (US$3.86M), Puebla (US$3.58M), and Estado de México (US$2.49M).

In 2023, the main commercial destinations of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were United States (US$23.6M), South Korea (US$805k), Brazil (US$452k), Canada (US$197k), and Guatemala (US$129k).

The main commercial origins of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber in 2023 were United States (US$13.1M), China (US$4.04M), Japan (US$2.15M), India (US$2.01M), and Italy (US$1.98M).

In the global context, the main exporting countries of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber in 2022 were Germany (US$137M), China (US$121M), and Japan (US$69M). In the same year, the main importing countries of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were United States (US$86M), Germany (US$64.2M), and France (US$43M).

Trade Balance of Mexico

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Net Trade Balance

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US$54M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber in Mexico (including international purchases and sales) was US$54M.

The visualizations show the net balance of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber 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$2.31M, International Purchases
  • US$2.72M, International Sales

In July 2024, international sales of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were US$2.72M, while international purchases reached US$2.31M. The above results in a trade balance of US$407k.

Market Concentration

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2024-Q3: US$2.19M, International Sales

The visualization shows the quarterly concentration of international sales of Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber at state level.

In the third quarter of 2024, international sales were US$2.19M, being the states with the most sales Ciudad de México (US$1.37M), San Luis Potosí (US$797k), and Estado de México (US$19.5k).

Exchange by Territory

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International Sales

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Ciudad de México: US$14M, State with the Most International Sales (2023)

United States: US$23.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were Ciudad de México (US$14M), Chihuahua (US$10.6M), San Luis Potosí (US$777k), Estado de México (US$110k), and Nuevo León (US$88.9k).

In 2023, the countries with the most international purchases from Mexico were United States (US$23.6M), South Korea (US$805k), Brazil (US$452k), Canada (US$197k), and Guatemala (US$129k).

International Purchases

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Querétaro: US$7.19M, State with the Most International Purchases (2023)

United States: US$13.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were Querétaro (US$7.19M), Ciudad de México (US$5.56M), San Luis Potosí (US$3.86M), Puebla (US$3.58M), and Estado de México (US$2.49M).

The countries with the most international sales to Mexico in 2023 were United States (US$13.1M), China (US$4.04M), Japan (US$2.15M), India (US$2.01M), and Italy (US$1.98M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber. 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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  • 3.86%, Mexican share in global exports - 2022
  • 2.76%, Mexican share in global imports - 2022

The visualizations show the global market for Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber. 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 Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were Germany (US$137M), China (US$121M), and Japan (US$69M). In the same year, the main importing countries for Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 180 Cm, of Vulcanized Rubber were United States (US$86M), Germany (US$64.2M), and France (US$43M).