ProceduresGovernment

Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized

Código 871200 (Harmonized System 2012 by 6 digits)

 2023: US$67.5M, Total Trade Exchange

2023: US$979k, International Sales

  2023: US$66.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized was US$67.5M.

In 2023, the states with the most international sales in Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were Ciudad de México (US$136k), Quintana Roo (US$5.1k), and Yucatán (US$3.71k).

The states with the most international purchases in 2023 were Ciudad de México (US$24.1M), San Luis Potosí (US$11.1M), Aguascalientes (US$8.74M), Sinaloa (US$6.16M), and Jalisco (US$4.68M).

In 2023, the main commercial destinations of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were United States (US$114k), Nicaragua (US$20k), Cuba (US$6.65k), Belgium (US$2.55k), and Spain (US$396).

The main commercial origins of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized in 2023 were China (US$30.8M), Taiwan (Republic of China) (US$18.5M), Vietnam (US$3.38M), Cambodia (US$2.07M), and Spain (US$1.3M).

In the global context, the main exporting countries of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized in 2022 were China (US$3.8B), Taiwan (Republic of China) (US$1.81B), and Germany (US$970M). In the same year, the main importing countries of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were United States (US$2.19B), Germany (US$1.23B), and Netherlands (US$787M).

Trade Balance of Mexico

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Net Trade Balance

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US$67.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized in Mexico (including international purchases and sales) was US$67.5M.

The visualizations show the net balance of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized 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$4.45M, International Purchases
  • US$207k, International Sales

In July 2024, international sales of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were US$207k, while international purchases reached US$4.45M. The above results in a trade balance of -US$4.24M.

Market Concentration

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2024-Q3: US$933, International Sales

The visualization shows the quarterly concentration of international sales of Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized at state level.

In the third quarter of 2024, international sales were US$933, being the states with the most sales Quintana Roo (US$933).

Exchange by Territory

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International Sales

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Ciudad de México: US$136k, State with the Most International Sales (2023)

United States: US$114k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were Ciudad de México (US$136k), Quintana Roo (US$5.1k), and Yucatán (US$3.71k).

In 2023, the countries with the most international purchases from Mexico were United States (US$114k), Nicaragua (US$20k), Cuba (US$6.65k), Belgium (US$2.55k), and Spain (US$396).

International Purchases

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Ciudad de México: US$24.1M, State with the Most International Purchases (2023)

China: US$30.8M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were Ciudad de México (US$24.1M), San Luis Potosí (US$11.1M), Aguascalientes (US$8.74M), Sinaloa (US$6.16M), and Jalisco (US$4.68M).

The countries with the most international sales to Mexico in 2023 were China (US$30.8M), Taiwan (Republic of China) (US$18.5M), Vietnam (US$3.38M), Cambodia (US$2.07M), and Spain (US$1.3M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized. 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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  • 0.0043%, Mexican share in global exports - 2022
  • 0.84%, Mexican share in global imports - 2022

The visualizations show the global market for Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized. 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 Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were China (US$3.8B), Taiwan (Republic of China) (US$1.81B), and Germany (US$970M). In the same year, the main importing countries for Bicycles and other Cycles, Incl. Delivery Tricycles, not Motorized were United States (US$2.19B), Germany (US$1.23B), and Netherlands (US$787M).