Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges)
Código 830230 (Harmonized System 2012 by 6 digits)
2023: US$1.28B, Total Trade Exchange
2023: US$436M, International Sales
2023: US$843M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) was US$1.28B.
In 2023, the states with the most international sales in Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were Coahuila de Zaragoza (US$148M), Guanajuato (US$57.8M), Nuevo León (US$51.8M), Puebla (US$43.6M), and Tamaulipas (US$31.2M).
The states with the most international purchases in 2023 were Ciudad de México (US$174M), Coahuila de Zaragoza (US$93.4M), Nuevo León (US$88.4M), Guanajuato (US$76.5M), and Querétaro (US$68.1M).
In 2023, the main commercial destinations of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were United States (US$372M), China (US$32.9M), Brazil (US$8.24M), Canada (US$7.15M), and Japan (US$3.96M).
The main commercial origins of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) in 2023 were United States (US$381M), China (US$153M), South Korea (US$63.1M), Germany (US$60.6M), and Canada (US$58.3M).
In the global context, the main exporting countries of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) in 2022 were China (US$1.3B), Germany (US$1.08B), and United States (US$879M). In the same year, the main importing countries of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were United States (US$2.46B), Mexico (US$743M), and Germany (US$485M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.28B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) in Mexico (including international purchases and sales) was US$1.28B.
The visualizations show the net balance of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) 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 sectionJuly, 2024
- US$80.8M, International Purchases
- US$32.3M, International Sales
In July 2024, international sales of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were US$32.3M, while international purchases reached US$80.8M. The above results in a trade balance of -US$48.5M.
Market Concentration
#permalink to section2024-Q3: US$32.2M, International Sales
The visualization shows the quarterly concentration of international sales of Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) at state level.
In the third quarter of 2024, international sales were US$32.2M, being the states with the most sales Coahuila de Zaragoza (US$10.4M), Nuevo León (US$4.72M), and Guanajuato (US$3.71M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$148M, State with the Most International Sales (2023)
United States: US$372M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were Coahuila de Zaragoza (US$148M), Guanajuato (US$57.8M), Nuevo León (US$51.8M), Puebla (US$43.6M), and Tamaulipas (US$31.2M).
In 2023, the countries with the most international purchases from Mexico were United States (US$372M), China (US$32.9M), Brazil (US$8.24M), Canada (US$7.15M), and Japan (US$3.96M).
International Purchases
#permalink to sectionCiudad de México: US$174M, State with the Most International Purchases (2023)
United States: US$381M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were Ciudad de México (US$174M), Coahuila de Zaragoza (US$93.4M), Nuevo León (US$88.4M), Guanajuato (US$76.5M), and Querétaro (US$68.1M).
The countries with the most international sales to Mexico in 2023 were United States (US$381M), China (US$153M), South Korea (US$63.1M), Germany (US$60.6M), and Canada (US$58.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges). 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- 5.85%, Mexican share in global exports - 2022
- 9.82%, Mexican share in global imports - 2022
The visualizations show the global market for Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges). 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 Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were China (US$1.3B), Germany (US$1.08B), and United States (US$879M). In the same year, the main importing countries for Fittings and Similar Articles., of Metal, for Motor Vehicles (Exc. Latches and Hinges) were United States (US$2.46B), Mexico (US$743M), and Germany (US$485M).