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Electric Motor without Self-Propelled Trucks, with Lifting Incorporated

Código 842720 (Harmonized System 2012 by 6 digits)

 2023: US$954M, Total Trade Exchange

2023: US$411M, International Sales

  2023: US$543M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated was US$954M.

In 2023, the states with the most international sales in Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were Coahuila de Zaragoza (US$198M), Nuevo León (US$141M), Guanajuato (US$61.3M), Chihuahua (US$3.5M), and Baja California (US$2.04M).

The states with the most international purchases in 2023 were Nuevo León (US$172M), Estado de México (US$133M), Jalisco (US$64.6M), Ciudad de México (US$26.7M), and Sonora (US$24.6M).

In 2023, the main commercial destinations of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were United States (US$381M), Canada (US$21.9M), Netherlands (US$5.81M), El Salvador (US$480k), and Honduras (US$416k).

The main commercial origins of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated in 2023 were United States (US$212M), China (US$166M), Japan (US$59.5M), Germany (US$23.8M), and Poland (US$13.9M).

In the global context, the main exporting countries of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated in 2022 were China (US$3.02B), United Kingdom (US$1.13B), and France (US$1.05B). In the same year, the main importing countries of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were United States (US$2.72B), Canada (US$779M), and Netherlands (US$639M).

Trade Balance of Mexico

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Net Trade Balance

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US$954M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated in Mexico (including international purchases and sales) was US$954M.

The visualizations show the net balance of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated 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$44.4M, International Purchases
  • US$64.8M, International Sales

In July 2024, international sales of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were US$64.8M, while international purchases reached US$44.4M. The above results in a trade balance of US$20.3M.

Market Concentration

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2024-Q3: US$21.1M, International Sales

The visualization shows the quarterly concentration of international sales of Electric Motor without Self-Propelled Trucks, with Lifting Incorporated at state level.

In the third quarter of 2024, international sales were US$21.1M, being the states with the most sales Nuevo León (US$20.7M), Tamaulipas (US$214k), and Chihuahua (US$131k).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$198M, State with the Most International Sales (2023)

United States: US$381M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were Coahuila de Zaragoza (US$198M), Nuevo León (US$141M), Guanajuato (US$61.3M), Chihuahua (US$3.5M), and Baja California (US$2.04M).

In 2023, the countries with the most international purchases from Mexico were United States (US$381M), Canada (US$21.9M), Netherlands (US$5.81M), El Salvador (US$480k), and Honduras (US$416k).

International Purchases

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Nuevo León: US$172M, State with the Most International Purchases (2023)

United States: US$212M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were Nuevo León (US$172M), Estado de México (US$133M), Jalisco (US$64.6M), Ciudad de México (US$26.7M), and Sonora (US$24.6M).

The countries with the most international sales to Mexico in 2023 were United States (US$212M), China (US$166M), Japan (US$59.5M), Germany (US$23.8M), and Poland (US$13.9M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electric Motor without Self-Propelled Trucks, with Lifting Incorporated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electric Motor without Self-Propelled Trucks, with Lifting Incorporated. 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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  • 0.9%, Mexican share in global exports - 2022
  • 2.2%, Mexican share in global imports - 2022

The visualizations show the global market for Electric Motor without Self-Propelled Trucks, with Lifting Incorporated. 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 Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were China (US$3.02B), United Kingdom (US$1.13B), and France (US$1.05B). In the same year, the main importing countries for Electric Motor without Self-Propelled Trucks, with Lifting Incorporated were United States (US$2.72B), Canada (US$779M), and Netherlands (US$639M).