ProceduresGovernment

Console Milling Machines, for Metals, Numerical Control

Código 845951 (Harmonized System 2012 by 6 digits)

 2023: US$4.64M, Total Trade Exchange

2023: US$236k, International Sales

  2023: US$4.41M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Console Milling Machines, for Metals, Numerical Control was US$4.64M.

In 2023, the states with the most international sales in Console Milling Machines, for Metals, Numerical Control were Tamaulipas (US$169k) and Baja California (US$37.9k).

The states with the most international purchases in 2023 were Baja California (US$1.11M), Coahuila de Zaragoza (US$835k), Puebla (US$374k), Sonora (US$343k), and Chihuahua (US$271k).

In 2023, the main commercial destinations of Console Milling Machines, for Metals, Numerical Control were Japan (US$163k) and United States (US$44k).

The main commercial origins of Console Milling Machines, for Metals, Numerical Control in 2023 were United States (US$2.14M), South Korea (US$576k), Germany (US$353k), Taiwan (Republic of China) (US$304k), and Italy (US$145k).

In the global context, the main exporting countries of Console Milling Machines, for Metals, Numerical Control in 2022 were Switzerland (US$16.6M), China (US$8.72M), and Taiwan (Republic of China) (US$5.51M). In the same year, the main importing countries of Console Milling Machines, for Metals, Numerical Control were United States (US$9.25M), India (US$7.57M), and France (US$7.24M).

Trade Balance of Mexico

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Net Trade Balance

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US$4.64M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Console Milling Machines, for Metals, Numerical Control in Mexico (including international purchases and sales) was US$4.64M.

The visualizations show the net balance of Console Milling Machines, for Metals, Numerical Control 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

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November, 2024: US$252k, International Purchases

In November 2024, international sales of Console Milling Machines, for Metals, Numerical Control were US$0, while international purchases reached US$252k. The above results in a trade balance of -US$252k.

Exchange by Territory

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International Sales

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Tamaulipas: US$169k, State with the Most International Sales (2023)

Japan: US$163k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Console Milling Machines, for Metals, Numerical Control were Tamaulipas (US$169k) and Baja California (US$37.9k).

In 2023, the countries with the most international purchases from Mexico were Japan (US$163k) and United States (US$44k).

International Purchases

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Baja California: US$1.11M, State with the Most International Purchases (2023)

United States: US$2.14M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Console Milling Machines, for Metals, Numerical Control were Baja California (US$1.11M), Coahuila de Zaragoza (US$835k), Puebla (US$374k), Sonora (US$343k), and Chihuahua (US$271k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.14M), South Korea (US$576k), Germany (US$353k), Taiwan (Republic of China) (US$304k), and Italy (US$145k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Console Milling Machines, for Metals, Numerical Control  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Console Milling Machines, for Metals, Numerical Control. 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.

Origins and Trade Destinations

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  • 0.035%, Mexican share in global exports - 2022
  • 2.25%, Mexican share in global imports - 2022

The visualizations show the global market for Console Milling Machines, for Metals, Numerical Control. 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 Console Milling Machines, for Metals, Numerical Control were Switzerland (US$16.6M), China (US$8.72M), and Taiwan (Republic of China) (US$5.51M). In the same year, the main importing countries for Console Milling Machines, for Metals, Numerical Control were United States (US$9.25M), India (US$7.57M), and France (US$7.24M).