ProceduresGovernment

Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens)

Código 732112 (Harmonized System 2012 by 6 digits)

 2023: US$943k, Total Trade Exchange

2023: US$760k, International Sales

  2023: US$182k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) was US$943k.

The states with the most international purchases in 2023 were Nuevo León (US$73.4k), Ciudad de México (US$55k), and Baja California (US$4.55k).

The main commercial origins of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) in 2023 were China (US$87.3k), United States (US$40.3k), India (US$3.55k), and South Korea (US$1.71k).

In the global context, the main exporting countries of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) in 2022 were China (US$62.5M), United States (US$6.37M), and Italy (US$2.78M). In the same year, the main importing countries of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) were Germany (US$11.6M), United Kingdom (US$10.2M), and United States (US$8.23M).

Trade Balance of Mexico

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Net Trade Balance

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US$943k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) in Mexico (including international purchases and sales) was US$943k.

The visualizations show the net balance of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) 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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July, 2024: US$37.8k, International Purchases

In July 2024, international sales of Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) were US$0, while international purchases reached US$37.8k. The above results in a trade balance of -US$37.8k.

Exchange by Territory

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International Purchases

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Nuevo León: US$73.4k, State with the Most International Purchases (2023)

China: US$87.3k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) were Nuevo León (US$73.4k), Ciudad de México (US$55k), and Baja California (US$4.55k).

The countries with the most international sales to Mexico in 2023 were China (US$87.3k), United States (US$40.3k), India (US$3.55k), and South Korea (US$1.71k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens). 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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  • 1.42%, Mexican share in global exports - 2022
  • 0.27%, Mexican share in global imports - 2022

The visualizations show the global market for Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens). 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 Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) were China (US$62.5M), United States (US$6.37M), and Italy (US$2.78M). In the same year, the main importing countries for Cooking Appliances and Plate Warmers, for Domestic Articles, of Iron or Steel, Liquid Fuels (Exc. Apparatus Industrial Kitchens) were Germany (US$11.6M), United Kingdom (US$10.2M), and United States (US$8.23M).