ProceduresGovernment

Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane

Código 8426 (Harmonized System 2012 by 4 digits)

 2023: US$343M, Total Trade Exchange

2023: US$11.2M, International Sales

  2023: US$331M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane was US$343M.

In 2023, the states with the most international sales in Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were Ciudad de México (US$5.31M), Coahuila de Zaragoza (US$1.08M), Nuevo León (US$671k), Jalisco (US$566k), and Querétaro (US$482k).

The states with the most international purchases in 2023 were Ciudad de México (US$81.1M), Nuevo León (US$63.5M), Veracruz de Ignacio de la Llave (US$42.9M), Jalisco (US$30.4M), and Colima (US$25.4M).

In 2023, the main commercial destinations of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were United States (US$6.34M), Peru (US$785k), Guyana (US$356k), Panama (US$353k), and Trinidad and Tobago (US$218k).

The main commercial origins of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane in 2023 were United States (US$76.8M), Germany (US$74.6M), China (US$65.6M), Italy (US$48.6M), and Spain (US$24.9M).

In the global context, the main exporting countries of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane in 2022 were China (US$4.23B), Germany (US$2.11B), and Italy (US$1.26B). In the same year, the main importing countries of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were United States (US$1.56B), Germany (US$678M), and India (US$624M).

Trade Balance of Mexico

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Net Trade Balance

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US$343M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane in Mexico (including international purchases and sales) was US$343M.

The visualizations show the net balance of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane 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$34.1M, International Purchases
  • US$5.99M, International Sales

In July 2024, international sales of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were US$5.99M, while international purchases reached US$34.1M. The above results in a trade balance of -US$28.1M.

Market Concentration

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2024-Q3: US$1.98M, International Sales

The visualization shows the quarterly concentration of international sales of Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane at state level.

In the third quarter of 2024, international sales were US$1.98M, being the states with the most sales Ciudad de México (US$1.9M) and Estado de México (US$79.6k).

Exchange by Territory

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International Sales

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Ciudad de México: US$5.31M, State with the Most International Sales (2023)

United States: US$6.34M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were Ciudad de México (US$5.31M), Coahuila de Zaragoza (US$1.08M), Nuevo León (US$671k), Jalisco (US$566k), and Querétaro (US$482k).

In 2023, the countries with the most international purchases from Mexico were United States (US$6.34M), Peru (US$785k), Guyana (US$356k), Panama (US$353k), and Trinidad and Tobago (US$218k).

International Purchases

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Ciudad de México: US$81.1M, State with the Most International Purchases (2023)

United States: US$76.8M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were Ciudad de México (US$81.1M), Nuevo León (US$63.5M), Veracruz de Ignacio de la Llave (US$42.9M), Jalisco (US$30.4M), and Colima (US$25.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$76.8M), Germany (US$74.6M), China (US$65.6M), Italy (US$48.6M), and Spain (US$24.9M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane. 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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  • 0.039%, Mexican share in global exports - 2022
  • 1.35%, Mexican share in global imports - 2022

The visualizations show the global market for Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane. 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 Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were China (US$4.23B), Germany (US$2.11B), and Italy (US$1.26B). In the same year, the main importing countries for Cranes and Lifting Equipment Including Cable; Bridges Rodantes, Gantries or Unloading, Overhead Cranes, Trucks and Straddle Crane were United States (US$1.56B), Germany (US$678M), and India (US$624M).