Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping")
Código 820750 (Harmonized System 2012 by 6 digits)
2023: US$154M, Total Trade Exchange
2023: US$20.9M, International Sales
2023: US$133M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") was US$154M.
In 2023, the states with the most international sales in Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were Estado de México (US$8.72M), Querétaro (US$4.45M), Puebla (US$4.02M), Baja California (US$2.09M), and Jalisco (US$531k).
The states with the most international purchases in 2023 were Querétaro (US$29.5M), Estado de México (US$24.3M), Ciudad de México (US$16.7M), Baja California (US$14.2M), and Nuevo León (US$14.1M).
In 2023, the main commercial destinations of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were United States (US$8.11M), Peru (US$2.82M), Colombia (US$1.49M), Guatemala (US$1.33M), and Dominican Republic (US$1M).
The main commercial origins of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") in 2023 were China (US$35.6M), United States (US$32.9M), Germany (US$24.3M), Japan (US$9.1M), and Brazil (US$5.56M).
In the global context, the main exporting countries of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") in 2022 were China (US$1.47B), Germany (US$1.2B), and Japan (US$247M). In the same year, the main importing countries of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were Germany (US$692M), United States (US$645M), and Switzerland (US$233M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$154M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") in Mexico (including international purchases and sales) was US$154M.
The visualizations show the net balance of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") 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$11.9M, International Purchases
- US$2.24M, International Sales
In July 2024, international sales of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were US$2.24M, while international purchases reached US$11.9M. The above results in a trade balance of -US$9.64M.
Market Concentration
#permalink to section2024-Q3: US$777k, International Sales
The visualization shows the quarterly concentration of international sales of Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") at state level.
In the third quarter of 2024, international sales were US$777k, being the states with the most sales Querétaro (US$470k), Baja California (US$263k), and Jalisco (US$21.4k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$8.72M, State with the Most International Sales (2023)
United States: US$8.11M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were Estado de México (US$8.72M), Querétaro (US$4.45M), Puebla (US$4.02M), Baja California (US$2.09M), and Jalisco (US$531k).
In 2023, the countries with the most international purchases from Mexico were United States (US$8.11M), Peru (US$2.82M), Colombia (US$1.49M), Guatemala (US$1.33M), and Dominican Republic (US$1M).
International Purchases
#permalink to sectionQuerétaro: US$29.5M, State with the Most International Purchases (2023)
China: US$35.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were Querétaro (US$29.5M), Estado de México (US$24.3M), Ciudad de México (US$16.7M), Baja California (US$14.2M), and Nuevo León (US$14.1M).
The countries with the most international sales to Mexico in 2023 were China (US$35.6M), United States (US$32.9M), Germany (US$24.3M), Japan (US$9.1M), and Brazil (US$5.56M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping"). 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- 0.096%, Mexican share in global exports - 2022
- 2.57%, Mexican share in global imports - 2022
The visualizations show the global market for Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping"). 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 Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were China (US$1.47B), Germany (US$1.2B), and Japan (US$247M). In the same year, the main importing countries for Drilling Tools, Interchangeable (Exc. Drilling or as well as Roscar "Incl. Tapping") were Germany (US$692M), United States (US$645M), and Switzerland (US$233M).