Compressors of a Kind Used in Refrigerating Equipment
Código 841430 (Harmonized System 2012 by 6 digits)
2023: US$2.45B, Total Trade Exchange
2023: US$1.08B, International Sales
2023: US$1.37B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Compressors of a Kind Used in Refrigerating Equipment was US$2.45B.
In 2023, the states with the most international sales in Compressors of a Kind Used in Refrigerating Equipment were Tamaulipas (US$439M), Nuevo León (US$346M), Coahuila de Zaragoza (US$151M), San Luis Potosí (US$92.6M), and Ciudad de México (US$10.9M).
The states with the most international purchases in 2023 were Jalisco (US$286M), Ciudad de México (US$208M), Tamaulipas (US$205M), Nuevo León (US$173M), and Coahuila de Zaragoza (US$101M).
In 2023, the main commercial destinations of Compressors of a Kind Used in Refrigerating Equipment were United States (US$980M), France (US$27.3M), Puerto Rico (US$23.4M), Colombia (US$10.1M), and China (US$4.05M).
The main commercial origins of Compressors of a Kind Used in Refrigerating Equipment in 2023 were United States (US$531M), South Korea (US$381M), China (US$258M), Japan (US$58.5M), and Thailand (US$32.8M).
In the global context, the main exporting countries of Compressors of a Kind Used in Refrigerating Equipment in 2022 were China (US$5.25B), Japan (US$1.84B), and Germany (US$1.29B). In the same year, the main importing countries of Compressors of a Kind Used in Refrigerating Equipment were United States (US$2.88B), Mexico (US$1.2B), and Germany (US$1.14B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.45B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Compressors of a Kind Used in Refrigerating Equipment in Mexico (including international purchases and sales) was US$2.45B.
The visualizations show the net balance of Compressors of a Kind Used in Refrigerating Equipment 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$124M, International Purchases
- US$96.4M, International Sales
In July 2024, international sales of Compressors of a Kind Used in Refrigerating Equipment were US$96.4M, while international purchases reached US$124M. The above results in a trade balance of -US$28M.
Market Concentration
#permalink to section2024-Q3: US$93.8M, International Sales
The visualization shows the quarterly concentration of international sales of Compressors of a Kind Used in Refrigerating Equipment at state level.
In the third quarter of 2024, international sales were US$93.8M, being the states with the most sales Tamaulipas (US$41.2M), Nuevo León (US$33.5M), and Coahuila de Zaragoza (US$9.11M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$439M, State with the Most International Sales (2023)
United States: US$980M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Compressors of a Kind Used in Refrigerating Equipment were Tamaulipas (US$439M), Nuevo León (US$346M), Coahuila de Zaragoza (US$151M), San Luis Potosí (US$92.6M), and Ciudad de México (US$10.9M).
In 2023, the countries with the most international purchases from Mexico were United States (US$980M), France (US$27.3M), Puerto Rico (US$23.4M), Colombia (US$10.1M), and China (US$4.05M).
International Purchases
#permalink to sectionJalisco: US$286M, State with the Most International Purchases (2023)
United States: US$531M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Compressors of a Kind Used in Refrigerating Equipment were Jalisco (US$286M), Ciudad de México (US$208M), Tamaulipas (US$205M), Nuevo León (US$173M), and Coahuila de Zaragoza (US$101M).
The countries with the most international sales to Mexico in 2023 were United States (US$531M), South Korea (US$381M), China (US$258M), Japan (US$58.5M), and Thailand (US$32.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Compressors of a Kind Used in Refrigerating Equipment and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Compressors of a Kind Used in Refrigerating Equipment. 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- 5.9%, Mexican share in global exports - 2022
- 7.3%, Mexican share in global imports - 2022
The visualizations show the global market for Compressors of a Kind Used in Refrigerating Equipment. 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 Compressors of a Kind Used in Refrigerating Equipment were China (US$5.25B), Japan (US$1.84B), and Germany (US$1.29B). In the same year, the main importing countries for Compressors of a Kind Used in Refrigerating Equipment were United States (US$2.88B), Mexico (US$1.2B), and Germany (US$1.14B).