ProceduresGovernment

Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors)

Código 841280 (Harmonized System 2012 by 6 digits)

 2023: US$12.3M, Total Trade Exchange

2023: US$4.97M, International Sales

  2023: US$7.32M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) was US$12.3M.

In 2023, the states with the most international sales in Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were Chihuahua (US$4.37M), Ciudad de México (US$365k), Nuevo León (US$82.8k), and Jalisco (US$12.4k).

The states with the most international purchases in 2023 were Sonora (US$1.88M), Chihuahua (US$1.6M), Ciudad de México (US$1.42M), Nuevo León (US$579k), and Guanajuato (US$326k).

In 2023, the main commercial destinations of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were United States (US$4.72M), Argentina (US$65.5k), France (US$31.1k), Guatemala (US$12.1k), and Italy (US$1.06k).

The main commercial origins of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) in 2023 were United States (US$2.67M), Cambodia (US$1.1M), China (US$927k), Germany (US$583k), and Vietnam (US$406k).

In the global context, the main exporting countries of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) in 2022 were United States (US$264M), Germany (US$83.8M), and Hungary (US$75.4M). In the same year, the main importing countries of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were Germany (US$203M), United States (US$119M), and China (US$64.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$12.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) in Mexico (including international purchases and sales) was US$12.3M.

The visualizations show the net balance of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) 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$1.11M, International Purchases
  • US$327k, International Sales

In July 2024, international sales of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were US$327k, while international purchases reached US$1.11M. The above results in a trade balance of -US$787k.

Market Concentration

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2024-Q3: US$283k, International Sales

The visualization shows the quarterly concentration of international sales of Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) at state level.

In the third quarter of 2024, international sales were US$283k, being the states with the most sales Chihuahua (US$268k) and Nuevo León (US$14.9k).

Exchange by Territory

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International Sales

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Chihuahua: US$4.37M, State with the Most International Sales (2023)

United States: US$4.72M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were Chihuahua (US$4.37M), Ciudad de México (US$365k), Nuevo León (US$82.8k), and Jalisco (US$12.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.72M), Argentina (US$65.5k), France (US$31.1k), Guatemala (US$12.1k), and Italy (US$1.06k).

International Purchases

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Sonora: US$1.88M, State with the Most International Purchases (2023)

United States: US$2.67M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were Sonora (US$1.88M), Chihuahua (US$1.6M), Ciudad de México (US$1.42M), Nuevo León (US$579k), and Guanajuato (US$326k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.67M), Cambodia (US$1.1M), China (US$927k), Germany (US$583k), and Vietnam (US$406k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors). 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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  • 1.41%, Mexican share in global exports - 2022
  • 0.71%, Mexican share in global imports - 2022

The visualizations show the global market for Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors). 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 Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were United States (US$264M), Germany (US$83.8M), and Hungary (US$75.4M). In the same year, the main importing countries for Engines and Machines Motrices (Exc. Steam Turbines, Piston Engines "Piston" Hydraulic Turbines and Water Wheels, Gas Turbines, Propellers, Hydraulic and Pneumatic Motors and Electric Motors) were Germany (US$203M), United States (US$119M), and China (US$64.5M).