Cutters, Punches and Tools Simil., Hand of Base Metal
Código 820340 (Harmonized System 2012 by 6 digits)
2023: US$12.8M, Total Trade Exchange
2023: US$2.54M, International Sales
2023: US$10.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cutters, Punches and Tools Simil., Hand of Base Metal was US$12.8M.
In 2023, the states with the most 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).
The states with the most international purchases in 2023 were Estado de México (US$5.69M), Ciudad de México (US$1.18M), Jalisco (US$907k), Nuevo León (US$855k), and Chihuahua (US$459k).
In 2023, the main commercial destinations of Cutters, Punches and Tools Simil., Hand of Base Metal were United States (US$415k), Peru (US$393k), Guatemala (US$253k), Dominican Republic (US$245k), and Colombia (US$213k).
The main commercial origins of Cutters, Punches and Tools Simil., Hand of Base Metal 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).
In the global context, the main exporting countries of Cutters, Punches and Tools Simil., Hand of Base Metal in 2022 were China (US$118M), Taiwan (Republic of China) (US$40.5M), and Germany (US$38.5M). In the same year, the main importing countries of Cutters, Punches and Tools Simil., Hand of Base Metal were United States (US$76.8M), Germany (US$23.8M), and France (US$15.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$12.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cutters, Punches and Tools Simil., Hand of Base Metal in Mexico (including international purchases and sales) was US$12.8M.
The visualizations show the net balance of Cutters, Punches and Tools Simil., Hand of Base Metal 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$669k, International Purchases
- US$217k, International Sales
In July 2024, international sales of Cutters, Punches and Tools Simil., Hand of Base Metal were US$217k, while international purchases reached US$669k. The above results in a trade balance of -US$452k.
Market Concentration
#permalink to section2024-Q3: US$189k, International Sales
The visualization shows the quarterly concentration of international sales of Cutters, Punches and Tools Simil., Hand of Base Metal at state level.
In the third quarter of 2024, international sales were US$189k, being the states with the most sales Estado de México (US$180k) and Baja California (US$9.59k).
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).