ProceduresGovernment

Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile)

Código 843039 (Harmonized System 2012 by 6 digits)

2020: US$309k, International Sales

  2023: US$2.46M, International Purchases

In 2020, the states with the most international sales in Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were Ciudad de México (US$95.5k).

The states with the most international purchases in 2023 were Jalisco (US$281k).

In 2020, the main commercial destinations of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were Colombia (US$91.7k), Peru (US$2.5k), and United States (US$1.3k).

The main commercial origins of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) in 2023 were China (US$164k), South Korea (US$67k), and United States (US$50k).

In the global context, the main exporting countries of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) in 2022 were Germany (US$478M), Sweden (US$42.3M), and China (US$40.5M). In the same year, the main importing countries of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were United States (US$164M), India (US$77.5M), and United Kingdom (US$70M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) 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$169k, International Purchases

In July 2024, international sales of Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were US$0, while international purchases reached US$169k. The above results in a trade balance of -US$169k.

Exchange by Territory

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International Sales

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Ciudad de México: US$95.5k, State with the Most International Sales (2020)

Colombia: US$91.7k, Main commercial destination (2020)

In 2020, the states with the highest international sales in Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were Ciudad de México (US$95.5k).

In 2020, the countries with the most international purchases from Mexico were Colombia (US$91.7k), Peru (US$2.5k), and United States (US$1.3k).

International Purchases

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Jalisco: US$281k, State with the Most International Purchases (2023)

China: US$164k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were Jalisco (US$281k).

The countries with the most international sales to Mexico in 2023 were China (US$164k), South Korea (US$67k), and United States (US$50k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile). 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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  • 0.17%, Mexican share in global exports - 2022
  • 0.36%, Mexican share in global imports - 2022

The visualizations show the global market for Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile). 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 Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were Germany (US$478M), Sweden (US$42.3M), and China (US$40.5M). In the same year, the main importing countries for Cutting Machinery, Coal or Rocks, and Machines for Tunneling, not Self-Propelled (Excl. Tools and Sustainment Use Manual Hydraulic Motile) were United States (US$164M), India (US$77.5M), and United Kingdom (US$70M).