Cars Trucks Drilling Derricks
Código 870520 (Harmonized System 2012 by 6 digits)
2021: US$1.35M, International Sales
2023: US$3.97M, International Purchases
In 2018, the states with the most international sales in Cars Trucks Drilling Derricks were Baja California (US$602k).
The states with the most international purchases in 2023 were Baja California (US$521k) and Chihuahua (US$122k).
In 2018, the main commercial destinations of Cars Trucks Drilling Derricks were United States (US$602k).
The main commercial origins of Cars Trucks Drilling Derricks in 2023 were United States (US$535k), Canada (US$96.4k), and Japan (US$12k).
In the global context, the main exporting countries of Cars Trucks Drilling Derricks in 2022 were United States (US$32.7M), Canada (US$29.5M), and Germany (US$18.4M). In the same year, the main importing countries of Cars Trucks Drilling Derricks were United Arab Emirates (US$19.6M), Canada (US$18.6M), and United States (US$17M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Cars Trucks Drilling Derricks 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 sectionJuly, 2024: US$714k, International Purchases
In July 2024, international sales of Cars Trucks Drilling Derricks were US$0, while international purchases reached US$714k. The above results in a trade balance of -US$714k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$602k, State with the Most International Sales (2018)
United States: US$602k, Main commercial destination (2018)
In 2018, the states with the highest international sales in Cars Trucks Drilling Derricks were Baja California (US$602k).
In 2018, the countries with the most international purchases from Mexico were United States (US$602k).
International Purchases
#permalink to sectionBaja California: US$521k, State with the Most International Purchases (2023)
United States: US$535k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cars Trucks Drilling Derricks were Baja California (US$521k) and Chihuahua (US$122k).
The countries with the most international sales to Mexico in 2023 were United States (US$535k), Canada (US$96.4k), and Japan (US$12k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cars Trucks Drilling Derricks and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cars Trucks Drilling Derricks. 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- 1.74%, Mexican share in global exports - 2022
- 1.78%, Mexican share in global imports - 2022
The visualizations show the global market for Cars Trucks Drilling Derricks. 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 Cars Trucks Drilling Derricks were United States (US$32.7M), Canada (US$29.5M), and Germany (US$18.4M). In the same year, the main importing countries for Cars Trucks Drilling Derricks were United Arab Emirates (US$19.6M), Canada (US$18.6M), and United States (US$17M).