Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles)
Código 871491 (Harmonized System 2012 by 6 digits)
2023: US$13.5M, Total Trade Exchange
2023: US$40.8k, International Sales
2023: US$13.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) was US$13.5M.
In 2023, the states with the most international sales in Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were Baja California (US$17.3k).
The states with the most international purchases in 2023 were Ciudad de México (US$4.98M), Jalisco (US$3.9M), San Luis Potosí (US$2.46M), Yucatán (US$522k), and Estado de México (US$480k).
In 2023, the main commercial destinations of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were United States (US$17.3k).
The main commercial origins of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) in 2023 were China (US$10.5M), Taiwan (Republic of China) (US$1.82M), India (US$230k), Vietnam (US$221k), and Italy (US$77.9k).
In the global context, the main exporting countries of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) in 2022 were China (US$2.74B), Taiwan (Republic of China) (US$1.48B), and Vietnam (US$395M). In the same year, the main importing countries of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were Germany (US$1.17B), Taiwan (Republic of China) (US$524M), and Netherlands (US$344M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$13.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) in Mexico (including international purchases and sales) was US$13.5M.
The visualizations show the net balance of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) 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$756k, International Purchases
In July 2024, international sales of Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were US$0, while international purchases reached US$756k. The above results in a trade balance of -US$756k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$17.3k, State with the Most International Sales (2023)
United States: US$17.3k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were Baja California (US$17.3k).
In 2023, the countries with the most international purchases from Mexico were United States (US$17.3k).
International Purchases
#permalink to sectionCiudad de México: US$4.98M, State with the Most International Purchases (2023)
China: US$10.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were Ciudad de México (US$4.98M), Jalisco (US$3.9M), San Luis Potosí (US$2.46M), Yucatán (US$522k), and Estado de México (US$480k).
The countries with the most international sales to Mexico in 2023 were China (US$10.5M), Taiwan (Republic of China) (US$1.82M), India (US$230k), Vietnam (US$221k), and Italy (US$77.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles). 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- 0.0026%, Mexican share in global exports - 2022
- 0.46%, Mexican share in global imports - 2022
The visualizations show the global market for Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles). 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 Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were China (US$2.74B), Taiwan (Republic of China) (US$1.48B), and Vietnam (US$395M). In the same year, the main importing countries for Frames and Forks, and Parts Thereof, for Cycles, Nes (Excl. for Motorcycles) were Germany (US$1.17B), Taiwan (Republic of China) (US$524M), and Netherlands (US$344M).