ProceduresGovernment

Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use

Código 851671 (Harmonized System 2012 by 6 digits)

 2023: US$112M, Total Trade Exchange

2023: US$38.6M, International Sales

  2023: US$73.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use was US$112M.

In the global context, the main exporting countries of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use in 2022 were China (US$27.3B), Italy (US$7.39B), and Romania (US$6.21B). In the same year, the main importing countries of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use were United States (US$13B), Germany (US$11.7B), and France (US$4.5B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$112M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use in Mexico (including international purchases and sales) was US$112M.

The visualizations show the net balance of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use 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 section

July, 2024

  • US$9.61M, International Purchases
  • US$8.2M, International Sales

In July 2024, international sales of Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use were US$8.2M, while international purchases reached US$9.61M. The above results in a trade balance of -US$1.41M.

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use. 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

#permalink to section

  • 0.028%, Mexican share in global exports - 2022
  • 0.69%, Mexican share in global imports - 2022

The visualizations show the global market for Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use. 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 Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use were China (US$27.3B), Italy (US$7.39B), and Romania (US$6.21B). In the same year, the main importing countries for Electrothermal Equipment for the Preparation of Coffee or Tea, for Domestic Use were United States (US$13B), Germany (US$11.7B), and France (US$4.5B).