Drilling or Threading Tools, Incl. Taps, Hand
Código 820510 (Harmonized System 2012 by 6 digits)
2023: US$3.73M, Total Trade Exchange
2023: US$894k, International Sales
2023: US$2.83M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Drilling or Threading Tools, Incl. Taps, Hand was US$3.73M.
In 2023, the states with the most international sales in Drilling or Threading Tools, Incl. Taps, Hand were Estado de México (US$605k), San Luis Potosí (US$169k), Jalisco (US$53.2k), Nuevo León (US$35k), and Ciudad de México (US$12.5k).
The states with the most international purchases in 2023 were Estado de México (US$859k), Ciudad de México (US$769k), Jalisco (US$583k), Nuevo León (US$169k), and Baja California (US$104k).
In 2023, the main commercial destinations of Drilling or Threading Tools, Incl. Taps, Hand were Peru (US$215k), Colombia (US$211k), Guatemala (US$69.7k), Ecuador (US$66.5k), and United States (US$61k).
The main commercial origins of Drilling or Threading Tools, Incl. Taps, Hand in 2023 were China (US$1.12M), United States (US$768k), Spain (US$447k), Taiwan (Republic of China) (US$226k), and Germany (US$108k).
In the global context, the main exporting countries of Drilling or Threading Tools, Incl. Taps, Hand in 2022 were China (US$58.5M), United States (US$20.6M), and Germany (US$13.1M). In the same year, the main importing countries of Drilling or Threading Tools, Incl. Taps, Hand were Germany (US$16.4M), United States (US$16M), and France (US$13.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.73M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Drilling or Threading Tools, Incl. Taps, Hand in Mexico (including international purchases and sales) was US$3.73M.
The visualizations show the net balance of Drilling or Threading Tools, Incl. Taps, Hand 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$354k, International Purchases
- US$68.2k, International Sales
In July 2024, international sales of Drilling or Threading Tools, Incl. Taps, Hand were US$68.2k, while international purchases reached US$354k. The above results in a trade balance of -US$286k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$605k, State with the Most International Sales (2023)
Peru: US$215k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Drilling or Threading Tools, Incl. Taps, Hand were Estado de México (US$605k), San Luis Potosí (US$169k), Jalisco (US$53.2k), Nuevo León (US$35k), and Ciudad de México (US$12.5k).
In 2023, the countries with the most international purchases from Mexico were Peru (US$215k), Colombia (US$211k), Guatemala (US$69.7k), Ecuador (US$66.5k), and United States (US$61k).
International Purchases
#permalink to sectionEstado de México: US$859k, State with the Most International Purchases (2023)
China: US$1.12M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Drilling or Threading Tools, Incl. Taps, Hand were Estado de México (US$859k), Ciudad de México (US$769k), Jalisco (US$583k), Nuevo León (US$169k), and Baja California (US$104k).
The countries with the most international sales to Mexico in 2023 were China (US$1.12M), United States (US$768k), Spain (US$447k), Taiwan (Republic of China) (US$226k), and Germany (US$108k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Drilling or Threading Tools, Incl. Taps, Hand and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Drilling or Threading Tools, Incl. Taps, Hand. 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- 0.38%, Mexican share in global exports - 2022
- 2.99%, Mexican share in global imports - 2022
The visualizations show the global market for Drilling or Threading Tools, Incl. Taps, Hand. 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 Drilling or Threading Tools, Incl. Taps, Hand were China (US$58.5M), United States (US$20.6M), and Germany (US$13.1M). In the same year, the main importing countries for Drilling or Threading Tools, Incl. Taps, Hand were Germany (US$16.4M), United States (US$16M), and France (US$13.9M).