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Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm)

Código 401039 (Harmonized System 2012 by 6 digits)

 2023: US$152M, Total Trade Exchange

2023: US$87.1M, International Sales

  2023: US$64.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) was US$152M.

In 2023, the states with the most international sales in Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were Ciudad de México (US$44.7M), San Luis Potosí (US$19.4M), Guanajuato (US$13.2M), Chihuahua (US$4.23M), and Tamaulipas (US$3.55M).

The states with the most international purchases in 2023 were Ciudad de México (US$14.2M), Querétaro (US$11.6M), San Luis Potosí (US$7.61M), Nuevo León (US$4.84M), and Estado de México (US$3.95M).

In 2023, the main commercial destinations of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were United States (US$82.6M), Canada (US$2.28M), Guatemala (US$259k), Honduras (US$248k), and El Salvador (US$160k).

The main commercial origins of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) in 2023 were United States (US$22.6M), China (US$8.86M), Germany (US$8.85M), United Kingdom (US$4.92M), and Japan (US$3.63M).

In the global context, the main exporting countries of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) in 2022 were Germany (US$295M), China (US$272M), and United States (US$155M). In the same year, the main importing countries of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were United States (US$234M), Germany (US$165M), and China (US$108M).

Trade Balance of Mexico

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Net Trade Balance

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US$152M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) in Mexico (including international purchases and sales) was US$152M.

The visualizations show the net balance of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) 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$5.29M, International Purchases
  • US$7.36M, International Sales

In July 2024, international sales of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were US$7.36M, while international purchases reached US$5.29M. The above results in a trade balance of US$2.06M.

Market Concentration

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2024-Q3: US$6.6M, International Sales

The visualization shows the quarterly concentration of international sales of Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) at state level.

In the third quarter of 2024, international sales were US$6.6M, being the states with the most sales Ciudad de México (US$4.14M), Guanajuato (US$1.37M), and Tamaulipas (US$594k).

Exchange by Territory

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International Sales

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Ciudad de México: US$44.7M, State with the Most International Sales (2023)

United States: US$82.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were Ciudad de México (US$44.7M), San Luis Potosí (US$19.4M), Guanajuato (US$13.2M), Chihuahua (US$4.23M), and Tamaulipas (US$3.55M).

In 2023, the countries with the most international purchases from Mexico were United States (US$82.6M), Canada (US$2.28M), Guatemala (US$259k), Honduras (US$248k), and El Salvador (US$160k).

International Purchases

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Ciudad de México: US$14.2M, State with the Most International Purchases (2023)

United States: US$22.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were Ciudad de México (US$14.2M), Querétaro (US$11.6M), San Luis Potosí (US$7.61M), Nuevo León (US$4.84M), and Estado de México (US$3.95M).

The countries with the most international sales to Mexico in 2023 were United States (US$22.6M), China (US$8.86M), Germany (US$8.85M), United Kingdom (US$4.92M), and Japan (US$3.63M).

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, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm). 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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  • 4.83%, Mexican share in global exports - 2022
  • 2.66%, Mexican share in global imports - 2022

The visualizations show the global market for Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm). 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, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were Germany (US$295M), China (US$272M), and United States (US$155M). In the same year, the main importing countries for Belts, of Vulcanized Rubber (Exc Belts, Endless, Striated Section Keystone, Circumference Exterior> 60 Cm but <= 240 Cm;. Belts, Endless, Notched "Synchronous" Circumference Exterior> 60 Cm but <= 198 Cm) were United States (US$234M), Germany (US$165M), and China (US$108M).