Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual
Código 846721 (Harmonized System 2012 by 6 digits)
2023: US$257M, Total Trade Exchange
2023: US$191M, International Sales
2023: US$65.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual was US$257M.
In 2023, the states with the most international sales in Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were Ciudad de México (US$92.1M), Tamaulipas (US$47.8M), Nuevo León (US$47.3M), Estado de México (US$3.19M), and Baja California (US$419k).
The states with the most international purchases in 2023 were Estado de México (US$34.1M), Ciudad de México (US$20.5M), Nuevo León (US$5.12M), Tamaulipas (US$1.29M), and Jalisco (US$997k).
In 2023, the main commercial destinations of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were United States (US$180M), Canada (US$6.4M), United Kingdom (US$1.09M), Guatemala (US$941k), and Colombia (US$780k).
The main commercial origins of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual in 2023 were China (US$39.9M), Brazil (US$7.1M), United States (US$4.62M), Vietnam (US$3.8M), and Malaysia (US$3.53M).
In the global context, the main exporting countries of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual in 2022 were China (US$2.78B), Germany (US$513M), and Vietnam (US$247M). In the same year, the main importing countries of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were United States (US$888M), Germany (US$595M), and France (US$302M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$257M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual in Mexico (including international purchases and sales) was US$257M.
The visualizations show the net balance of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual 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 sectionNovember, 2024
- US$7.16M, International Purchases
- US$22.3M, International Sales
In November 2024, international sales of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were US$22.3M, while international purchases reached US$7.16M. The above results in a trade balance of US$15.2M.
Market Concentration
#permalink to section2024-Q4: US$26.5M, International Sales
The visualization shows the quarterly concentration of international sales of Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual at state level.
In the fourth quarter of 2024, international sales were US$26.5M, being the states with the most sales Ciudad de México (US$22M), Nuevo León (US$3.77M), and Estado de México (US$547k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$92.1M, State with the Most International Sales (2023)
United States: US$180M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were Ciudad de México (US$92.1M), Tamaulipas (US$47.8M), Nuevo León (US$47.3M), Estado de México (US$3.19M), and Baja California (US$419k).
In 2023, the countries with the most international purchases from Mexico were United States (US$180M), Canada (US$6.4M), United Kingdom (US$1.09M), Guatemala (US$941k), and Colombia (US$780k).
International Purchases
#permalink to sectionEstado de México: US$34.1M, State with the Most International Purchases (2023)
China: US$39.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were Estado de México (US$34.1M), Ciudad de México (US$20.5M), Nuevo León (US$5.12M), Tamaulipas (US$1.29M), and Jalisco (US$997k).
The countries with the most international sales to Mexico in 2023 were China (US$39.9M), Brazil (US$7.1M), United States (US$4.62M), Vietnam (US$3.8M), and Malaysia (US$3.53M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual. 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- 3.08%, Mexican share in global exports - 2022
- 1.74%, Mexican share in global imports - 2022
The visualizations show the global market for Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual. 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 Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were China (US$2.78B), Germany (US$513M), and Vietnam (US$247M). In the same year, the main importing countries for Drills of all Kinds, Incl. Rotary Drills with Electric Motor Incorporated, Use Manual were United States (US$888M), Germany (US$595M), and France (US$302M).