Cutters, Punches and Tools Simil., Hand of Base Metal
Código 820340 (Harmonized System 2012 by 6 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$1.91M, State with the Most International Sales (2023)
United States: US$415k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cutters, Punches and Tools Simil., Hand of Base Metal were Estado de México (US$1.91M), Chihuahua (US$307k), Jalisco (US$165k), Baja California (US$74.8k), and Ciudad de México (US$29k).
In 2023, the countries with the most international purchases from Mexico were United States (US$415k), Peru (US$393k), Guatemala (US$253k), Dominican Republic (US$245k), and Colombia (US$213k).
International Purchases
#permalink to sectionEstado de México: US$5.69M, State with the Most International Purchases (2023)
China: US$7.07M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cutters, Punches and Tools Simil., Hand of Base Metal were Estado de México (US$5.69M), Ciudad de México (US$1.18M), Jalisco (US$907k), Nuevo León (US$855k), and Chihuahua (US$459k).
The countries with the most international sales to Mexico in 2023 were China (US$7.07M), United States (US$1.43M), Taiwan (Republic of China) (US$493k), France (US$332k), and Japan (US$290k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cutters, Punches and Tools Simil., Hand of Base Metal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cutters, Punches and Tools Simil., Hand of Base Metal. 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- 0.28%, Mexican share in global exports - 2022
- 2.72%, Mexican share in global imports - 2022
The visualizations show the global market for Cutters, Punches and Tools Simil., Hand of Base Metal. 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 Cutters, Punches and Tools Simil., Hand of Base Metal were China (US$118M), Taiwan (Republic of China) (US$40.5M), and Germany (US$38.5M). In the same year, the main importing countries for Cutters, Punches and Tools Simil., Hand of Base Metal were United States (US$76.8M), Germany (US$23.8M), and France (US$15.1M).