Elevators and Lifts
Código 842810 (Harmonized System 2012 by 6 digits)
2023: US$123M, Total Trade Exchange
2023: US$19.3M, International Sales
2023: US$103M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Elevators and Lifts was US$123M.
In 2023, the states with the most international sales in Elevators and Lifts were Baja California (US$7.82M), Estado de México (US$4.49M), Ciudad de México (US$127k), and Chihuahua (US$36.1k).
The states with the most international purchases in 2023 were Ciudad de México (US$48.1M), Estado de México (US$28.9M), Quintana Roo (US$6.18M), Jalisco (US$5.62M), and Baja California (US$3.89M).
In 2023, the main commercial destinations of Elevators and Lifts were United States (US$7.21M), Colombia (US$2.16M), Chile (US$808k), Ecuador (US$780k), and Puerto Rico (US$449k).
The main commercial origins of Elevators and Lifts in 2023 were China (US$45.5M), Spain (US$17.4M), Italy (US$13.2M), Brazil (US$11.2M), and South Korea (US$4.67M).
In the global context, the main exporting countries of Elevators and Lifts in 2022 were China (US$1.94B), Spain (US$694M), and Italy (US$524M). In the same year, the main importing countries of Elevators and Lifts were United Kingdom (US$379M), United States (US$358M), and Germany (US$338M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$123M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Elevators and Lifts in Mexico (including international purchases and sales) was US$123M.
The visualizations show the net balance of Elevators and Lifts 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$8.33M, International Purchases
- US$1.73M, International Sales
In November 2024, international sales of Elevators and Lifts were US$1.73M, while international purchases reached US$8.33M. The above results in a trade balance of -US$6.6M.
Market Concentration
#permalink to section2024-Q4: US$390k, International Sales
The visualization shows the quarterly concentration of international sales of Elevators and Lifts at state level.
In the fourth quarter of 2024, international sales were US$390k, being the states with the most sales Baja California (US$390k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$7.82M, State with the Most International Sales (2023)
United States: US$7.21M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Elevators and Lifts were Baja California (US$7.82M), Estado de México (US$4.49M), Ciudad de México (US$127k), and Chihuahua (US$36.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$7.21M), Colombia (US$2.16M), Chile (US$808k), Ecuador (US$780k), and Puerto Rico (US$449k).
International Purchases
#permalink to sectionCiudad de México: US$48.1M, State with the Most International Purchases (2023)
China: US$45.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Elevators and Lifts were Ciudad de México (US$48.1M), Estado de México (US$28.9M), Quintana Roo (US$6.18M), Jalisco (US$5.62M), and Baja California (US$3.89M).
The countries with the most international sales to Mexico in 2023 were China (US$45.5M), Spain (US$17.4M), Italy (US$13.2M), Brazil (US$11.2M), and South Korea (US$4.67M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Elevators and Lifts and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Elevators and Lifts. 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- 0.22%, Mexican share in global exports - 2022
- 1.41%, Mexican share in global imports - 2022
The visualizations show the global market for Elevators and Lifts. 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 Elevators and Lifts were China (US$1.94B), Spain (US$694M), and Italy (US$524M). In the same year, the main importing countries for Elevators and Lifts were United Kingdom (US$379M), United States (US$358M), and Germany (US$338M).