Bogies and "Bissels" Traction own Vehicle for Railways or the Like
Código 860711 (Harmonized System 2012 by 6 digits)
2018: US$2.42M, International Sales
2023: US$2.1M, International Purchases
The states with the most international purchases in 2023 were Ciudad de México (US$1.49M).
The main commercial origins of Bogies and "Bissels" Traction own Vehicle for Railways or the Like in 2023 were Germany (US$1.41M), Spain (US$47.3k), and Czech Republic (US$36.5k).
In the global context, the main exporting countries of Bogies and "Bissels" Traction own Vehicle for Railways or the Like in 2022 were Austria (US$283M), Germany (US$135M), and Switzerland (US$73.9M). In the same year, the main importing countries of Bogies and "Bissels" Traction own Vehicle for Railways or the Like were Germany (US$263M), United Kingdom (US$148M), and Poland (US$50.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Bogies and "Bissels" Traction own Vehicle for Railways or the Like 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
#permalink to sectionFebruary, 2024: US$872k, International Purchases
In February 2024, international sales of Bogies and "Bissels" Traction own Vehicle for Railways or the Like were US$0, while international purchases reached US$872k. The above results in a trade balance of -US$872k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad de México: US$1.49M, State with the Most International Purchases (2023)
Germany: US$1.41M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Bogies and "Bissels" Traction own Vehicle for Railways or the Like were Ciudad de México (US$1.49M).
The countries with the most international sales to Mexico in 2023 were Germany (US$1.41M), Spain (US$47.3k), and Czech Republic (US$36.5k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Bogies and "Bissels" Traction own Vehicle for Railways or the Like and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Bogies and "Bissels" Traction own Vehicle for Railways or the Like. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.23%, Mexican share in global exports - 2022
- 0.68%, Mexican share in global imports - 2022
The visualizations show the global market for Bogies and "Bissels" Traction own Vehicle for Railways or the Like. 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 Bogies and "Bissels" Traction own Vehicle for Railways or the Like were Austria (US$283M), Germany (US$135M), and Switzerland (US$73.9M). In the same year, the main importing countries for Bogies and "Bissels" Traction own Vehicle for Railways or the Like were Germany (US$263M), United Kingdom (US$148M), and Poland (US$50.2M).