ProceduresGovernment

For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines)

Código 845940 (Harmonized System 2012 by 6 digits)

2022: US$58.5k, International Sales

  2023: US$2.44M, International Purchases

In 2012, the states with the most international sales in For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were Ciudad de México (US$288k) and Tamaulipas (US$5.83k).

The states with the most international purchases in 2023 were Nuevo León (US$1.17M), Chihuahua (US$166k), and Ciudad de México (US$119k).

In 2012, the main commercial destinations of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were United States (US$231k), Panama (US$62.5k), and Japan (US$11).

The main commercial origins of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) in 2023 were Germany (US$780k), China (US$323k), Japan (US$111k), Canada (US$92.1k), and Brazil (US$60.5k).

In the global context, the main exporting countries of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) in 2022 were South Korea (US$19M), China (US$14M), and Japan (US$10.4M). In the same year, the main importing countries of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were China (US$16.2M), India (US$10.5M), and United States (US$8.65M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) 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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September, 2024: US$101k, International Purchases

In September 2024, international sales of For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were US$0, while international purchases reached US$101k. The above results in a trade balance of -US$101k.

Exchange by Territory

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International Sales

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Ciudad de México: US$288k, State with the Most International Sales (2012)

United States: US$231k, Main commercial destination (2012)

In 2012, the states with the highest international sales in For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were Ciudad de México (US$288k) and Tamaulipas (US$5.83k).

In 2012, the countries with the most international purchases from Mexico were United States (US$231k), Panama (US$62.5k), and Japan (US$11).

International Purchases

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Nuevo León: US$1.17M, State with the Most International Purchases (2023)

Germany: US$780k, Main Commercial Origin (2023)

In 2023, the states with the highest international in For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were Nuevo León (US$1.17M), Chihuahua (US$166k), and Ciudad de México (US$119k).

The countries with the most international sales to Mexico in 2023 were Germany (US$780k), China (US$323k), Japan (US$111k), Canada (US$92.1k), and Brazil (US$60.5k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines). 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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  • 0.011%, Mexican share in global exports - 2022
  • 1.83%, Mexican share in global imports - 2022

The visualizations show the global market for For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines). 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 For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were South Korea (US$19M), China (US$14M), and Japan (US$10.4M). In the same year, the main importing countries for For Reamers Metal (Exc. Units Head Machines and Boring-Milling Machines) were China (US$16.2M), India (US$10.5M), and United States (US$8.65M).