Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C
Código 860721 (Harmonized System 2012 by 6 digits)
2023: US$74.4M, Total Trade Exchange
2023: US$22.3M, International Sales
2023: US$52.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C was US$74.4M.
In 2023, the states with the most international sales in Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were Coahuila de Zaragoza (US$9.2M), Nuevo León (US$4.04M), San Luis Potosí (US$3.69M), and Ciudad de México (US$407k).
The states with the most international purchases in 2023 were San Luis Potosí (US$15.7M), Ciudad de México (US$12.9M), Coahuila de Zaragoza (US$12.4M), Hidalgo (US$8.29M), and Tamaulipas (US$2.04M).
In 2023, the main commercial destinations of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were United States (US$16.8M), Brazil (US$244k), Canada (US$106k), China (US$102k), and Chile (US$31.7k).
The main commercial origins of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C in 2023 were United States (US$33M), China (US$16.9M), Hungary (US$657k), Canada (US$573k), and India (US$477k).
In the global context, the main exporting countries of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C in 2022 were Germany (US$366M), Hungary (US$192M), and United States (US$117M). In the same year, the main importing countries of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were Germany (US$185M), China (US$117M), and Italy (US$80.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$74.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C in Mexico (including international purchases and sales) was US$74.4M.
The visualizations show the net balance of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C 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$5.02M, International Purchases
- US$2.51M, International Sales
In July 2024, international sales of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were US$2.51M, while international purchases reached US$5.02M. The above results in a trade balance of -US$2.51M.
Market Concentration
#permalink to section2024-Q3: US$1.71M, International Sales
The visualization shows the quarterly concentration of international sales of Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C at state level.
In the third quarter of 2024, international sales were US$1.71M, being the states with the most sales Coahuila de Zaragoza (US$1.21M), San Luis Potosí (US$461k), and Ciudad de México (US$39.6k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$9.2M, State with the Most International Sales (2023)
United States: US$16.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were Coahuila de Zaragoza (US$9.2M), Nuevo León (US$4.04M), San Luis Potosí (US$3.69M), and Ciudad de México (US$407k).
In 2023, the countries with the most international purchases from Mexico were United States (US$16.8M), Brazil (US$244k), Canada (US$106k), China (US$102k), and Chile (US$31.7k).
International Purchases
#permalink to sectionSan Luis Potosí: US$15.7M, State with the Most International Purchases (2023)
United States: US$33M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were San Luis Potosí (US$15.7M), Ciudad de México (US$12.9M), Coahuila de Zaragoza (US$12.4M), Hidalgo (US$8.29M), and Tamaulipas (US$2.04M).
The countries with the most international sales to Mexico in 2023 were United States (US$33M), China (US$16.9M), Hungary (US$657k), Canada (US$573k), and India (US$477k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C. 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- 1.62%, Mexican share in global exports - 2022
- 4.18%, Mexican share in global imports - 2022
The visualizations show the global market for Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C. 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 Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were Germany (US$366M), Hungary (US$192M), and United States (US$117M). In the same year, the main importing countries for Compressed Air Brakes and Parts Thereof, own Vehicle for Railways, N.E.C were Germany (US$185M), China (US$117M), and Italy (US$80.3M).