Brakes, Servo-Brakes and Parts Thereof
Código 870830 (Harmonized System 2012 by 6 digits)
2023: US$7.57B, Total Trade Exchange
2023: US$4.54B, International Sales
2023: US$3.03B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Brakes, Servo-Brakes and Parts Thereof was US$7.57B.
In 2023, the states with the most international sales in Brakes, Servo-Brakes and Parts Thereof were Querétaro (US$1.21B), Nuevo León (US$740M), Tamaulipas (US$383M), Guanajuato (US$381M), and Aguascalientes (US$348M).
The states with the most international purchases in 2023 were Ciudad de México (US$638M), Querétaro (US$430M), Nuevo León (US$399M), Guanajuato (US$349M), and Baja California (US$257M).
In 2023, the main commercial destinations of Brakes, Servo-Brakes and Parts Thereof were United States (US$4.22B), Canada (US$125M), Brazil (US$58.3M), Japan (US$33.3M), and China (US$25.6M).
The main commercial origins of Brakes, Servo-Brakes and Parts Thereof in 2023 were United States (US$1.63B), China (US$622M), Italy (US$118M), South Korea (US$96.8M), and Canada (US$90M).
In the global context, the main exporting countries of Brakes, Servo-Brakes and Parts Thereof in 2022 were China (US$7.97B), Germany (US$4.86B), and Mexico (US$3.41B). In the same year, the main importing countries of Brakes, Servo-Brakes and Parts Thereof were United States (US$7.69B), Germany (US$4.03B), and Mexico (US$2.55B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$7.57B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Brakes, Servo-Brakes and Parts Thereof in Mexico (including international purchases and sales) was US$7.57B.
The visualizations show the net balance of Brakes, Servo-Brakes and Parts Thereof 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 sectionNovember, 2024
- US$238M, International Purchases
- US$389M, International Sales
In November 2024, international sales of Brakes, Servo-Brakes and Parts Thereof were US$389M, while international purchases reached US$238M. The above results in a trade balance of US$151M.
Market Concentration
#permalink to section2024-Q4: US$814M, International Sales
The visualization shows the quarterly concentration of international sales of Brakes, Servo-Brakes and Parts Thereof at state level.
In the fourth quarter of 2024, international sales were US$814M, being the states with the most sales Querétaro (US$222M), Nuevo León (US$134M), and Chihuahua (US$74.6M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionQuerétaro: US$1.21B, State with the Most International Sales (2023)
United States: US$4.22B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Brakes, Servo-Brakes and Parts Thereof were Querétaro (US$1.21B), Nuevo León (US$740M), Tamaulipas (US$383M), Guanajuato (US$381M), and Aguascalientes (US$348M).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.22B), Canada (US$125M), Brazil (US$58.3M), Japan (US$33.3M), and China (US$25.6M).
International Purchases
#permalink to sectionCiudad de México: US$638M, State with the Most International Purchases (2023)
United States: US$1.63B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Brakes, Servo-Brakes and Parts Thereof were Ciudad de México (US$638M), Querétaro (US$430M), Nuevo León (US$399M), Guanajuato (US$349M), and Baja California (US$257M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.63B), China (US$622M), Italy (US$118M), South Korea (US$96.8M), and Canada (US$90M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Brakes, Servo-Brakes and Parts Thereof and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Brakes, Servo-Brakes and Parts Thereof. 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- 9.71%, Mexican share in global exports - 2022
- 7.25%, Mexican share in global imports - 2022
The visualizations show the global market for Brakes, Servo-Brakes and Parts Thereof. 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 Brakes, Servo-Brakes and Parts Thereof were China (US$7.97B), Germany (US$4.86B), and Mexico (US$3.41B). In the same year, the main importing countries for Brakes, Servo-Brakes and Parts Thereof were United States (US$7.69B), Germany (US$4.03B), and Mexico (US$2.55B).