ProceduresGovernment

Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working

Código 8462 (Harmonized System 2012 by 4 digits)

 2023: US$985M, Total Trade Exchange

2023: US$48.6M, International Sales

  2023: US$936M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working was US$985M.

In 2023, the states with the most international sales in Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were Querétaro (US$7.91M), Sonora (US$6.66M), Chihuahua (US$6.19M), Aguascalientes (US$5.13M), and Baja California (US$4.08M).

The states with the most international purchases in 2023 were Nuevo León (US$213M), Guanajuato (US$84.4M), Coahuila de Zaragoza (US$81.9M), Querétaro (US$78.5M), and Chihuahua (US$76.5M).

In 2023, the main commercial destinations of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were United States (US$32.4M), Hungary (US$4.14M), China (US$2.93M), South Korea (US$1.66M), and Japan (US$858k).

The main commercial origins of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working in 2023 were United States (US$151M), Japan (US$145M), China (US$141M), Italy (US$109M), and South Korea (US$96.9M).

In the global context, the main exporting countries of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working in 2022 were China (US$1.69B), Italy (US$1.18B), and Germany (US$1.03B). In the same year, the main importing countries of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were United States (US$1.27B), China (US$815M), and Germany (US$472M).

Trade Balance of Mexico

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Net Trade Balance

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US$985M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working in Mexico (including international purchases and sales) was US$985M.

The visualizations show the net balance of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working 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$99.8M, International Purchases
  • US$4.71M, International Sales

In July 2024, international sales of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were US$4.71M, while international purchases reached US$99.8M. The above results in a trade balance of -US$95.1M.

Market Concentration

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2024-Q3: US$2.25M, International Sales

The visualization shows the quarterly concentration of international sales of Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working at state level.

In the third quarter of 2024, international sales were US$2.25M, being the states with the most sales Sonora (US$774k), Coahuila de Zaragoza (US$426k), and Jalisco (US$246k).

Exchange by Territory

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International Sales

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Querétaro: US$7.91M, State with the Most International Sales (2023)

United States: US$32.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were Querétaro (US$7.91M), Sonora (US$6.66M), Chihuahua (US$6.19M), Aguascalientes (US$5.13M), and Baja California (US$4.08M).

In 2023, the countries with the most international purchases from Mexico were United States (US$32.4M), Hungary (US$4.14M), China (US$2.93M), South Korea (US$1.66M), and Japan (US$858k).

International Purchases

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Nuevo León: US$213M, State with the Most International Purchases (2023)

United States: US$151M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were Nuevo León (US$213M), Guanajuato (US$84.4M), Coahuila de Zaragoza (US$81.9M), Querétaro (US$78.5M), and Chihuahua (US$76.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$151M), Japan (US$145M), China (US$141M), Italy (US$109M), and South Korea (US$96.9M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working. 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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  • 0.15%, Mexican share in global exports - 2022
  • 4.75%, Mexican share in global imports - 2022

The visualizations show the global market for Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working. 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 Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were China (US$1.69B), Italy (US$1.18B), and Germany (US$1.03B). In the same year, the main importing countries for Forging or Stamping Machines, Pile Hammers and other Hammering Machines, for Metal Working were United States (US$1.27B), China (US$815M), and Germany (US$472M).