ProceduresGovernment

Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression

Código 841330 (Harmonized System 2012 by 6 digits)

 2023: US$2.02B, Total Trade Exchange

2023: US$1.18B, International Sales

  2023: US$848M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression was US$2.02B.

In 2023, the states with the most international sales in Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were Chihuahua (US$452M), Guanajuato (US$170M), Tamaulipas (US$143M), Querétaro (US$104M), and Estado de México (US$71.3M).

The states with the most international purchases in 2023 were Ciudad de México (US$255M), Estado de México (US$143M), Nuevo León (US$75.9M), Puebla (US$67.2M), and Chihuahua (US$66.4M).

In 2023, the main commercial destinations of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were United States (US$969M), Brazil (US$29.3M), China (US$15.6M), Canada (US$6.16M), and Germany (US$4.33M).

The main commercial origins of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression in 2023 were United States (US$296M), China (US$149M), Germany (US$70M), Japan (US$58.1M), and Canada (US$55.6M).

In the global context, the main exporting countries of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression in 2022 were Germany (US$2.42B), China (US$1.47B), and Czech Republic (US$1.29B). In the same year, the main importing countries of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were United States (US$2.84B), Germany (US$1.28B), and Mexico (US$798M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.02B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression in Mexico (including international purchases and sales) was US$2.02B.

The visualizations show the net balance of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression 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$72.9M, International Purchases
  • US$92.8M, International Sales

In July 2024, international sales of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were US$92.8M, while international purchases reached US$72.9M. The above results in a trade balance of US$19.9M.

Market Concentration

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2024-Q3: US$79.1M, International Sales

The visualization shows the quarterly concentration of international sales of Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression at state level.

In the third quarter of 2024, international sales were US$79.1M, being the states with the most sales Chihuahua (US$30.4M), Tamaulipas (US$15.4M), and Guanajuato (US$11.5M).

Exchange by Territory

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International Sales

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Chihuahua: US$452M, State with the Most International Sales (2023)

United States: US$969M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were Chihuahua (US$452M), Guanajuato (US$170M), Tamaulipas (US$143M), Querétaro (US$104M), and Estado de México (US$71.3M).

In 2023, the countries with the most international purchases from Mexico were United States (US$969M), Brazil (US$29.3M), China (US$15.6M), Canada (US$6.16M), and Germany (US$4.33M).

International Purchases

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Ciudad de México: US$255M, State with the Most International Purchases (2023)

United States: US$296M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were Ciudad de México (US$255M), Estado de México (US$143M), Nuevo León (US$75.9M), Puebla (US$67.2M), and Chihuahua (US$66.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$296M), China (US$149M), Germany (US$70M), Japan (US$58.1M), and Canada (US$55.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression. 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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  • 8.29%, Mexican share in global exports - 2022
  • 5.8%, Mexican share in global imports - 2022

The visualizations show the global market for Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression. 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 Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were Germany (US$2.42B), China (US$1.47B), and Czech Republic (US$1.29B). In the same year, the main importing countries for Fuel Pumps, Lubricating or Cooling Engine Ignition or Compression were United States (US$2.84B), Germany (US$1.28B), and Mexico (US$798M).