Generators, Combustion Engines (Exc. the Dynamos and Motors)
Código 851150 (Harmonized System 2012 by 6 digits)
2023: US$1.37B, Total Trade Exchange
2023: US$942M, International Sales
2023: US$428M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Generators, Combustion Engines (Exc. the Dynamos and Motors) was US$1.37B.
In 2023, the states with the most international sales in Generators, Combustion Engines (Exc. the Dynamos and Motors) were Baja California (US$300M), Tamaulipas (US$179M), San Luis Potosí (US$145M), Estado de México (US$103M), and Nuevo León (US$97.1M).
The states with the most international purchases in 2023 were Baja California (US$208M), Tamaulipas (US$92M), Puebla (US$31.8M), Ciudad de México (US$22.8M), and Querétaro (US$12.9M).
In 2023, the main commercial destinations of Generators, Combustion Engines (Exc. the Dynamos and Motors) were United States (US$888M), Canada (US$38.5M), Japan (US$5.04M), Brazil (US$3.54M), and China (US$2.18M).
The main commercial origins of Generators, Combustion Engines (Exc. the Dynamos and Motors) in 2023 were United States (US$229M), China (US$84.1M), France (US$27.9M), Japan (US$24.5M), and Malaysia (US$21.2M).
In the global context, the main exporting countries of Generators, Combustion Engines (Exc. the Dynamos and Motors) in 2022 were Mexico (US$822M), France (US$807M), and China (US$677M). In the same year, the main importing countries of Generators, Combustion Engines (Exc. the Dynamos and Motors) were United States (US$1.36B), Germany (US$689M), and Mexico (US$477M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.37B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Generators, Combustion Engines (Exc. the Dynamos and Motors) in Mexico (including international purchases and sales) was US$1.37B.
The visualizations show the net balance of Generators, Combustion Engines (Exc. the Dynamos and Motors) 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$40M, International Purchases
- US$85.3M, International Sales
In July 2024, international sales of Generators, Combustion Engines (Exc. the Dynamos and Motors) were US$85.3M, while international purchases reached US$40M. The above results in a trade balance of US$45.3M.
Market Concentration
#permalink to section2024-Q3: US$61.3M, International Sales
The visualization shows the quarterly concentration of international sales of Generators, Combustion Engines (Exc. the Dynamos and Motors) at state level.
In the third quarter of 2024, international sales were US$61.3M, being the states with the most sales Baja California (US$30.2M), Estado de México (US$12.5M), and San Luis Potosí (US$10.3M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$300M, State with the Most International Sales (2023)
United States: US$888M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Generators, Combustion Engines (Exc. the Dynamos and Motors) were Baja California (US$300M), Tamaulipas (US$179M), San Luis Potosí (US$145M), Estado de México (US$103M), and Nuevo León (US$97.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$888M), Canada (US$38.5M), Japan (US$5.04M), Brazil (US$3.54M), and China (US$2.18M).
International Purchases
#permalink to sectionBaja California: US$208M, State with the Most International Purchases (2023)
United States: US$229M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Generators, Combustion Engines (Exc. the Dynamos and Motors) were Baja California (US$208M), Tamaulipas (US$92M), Puebla (US$31.8M), Ciudad de México (US$22.8M), and Querétaro (US$12.9M).
The countries with the most international sales to Mexico in 2023 were United States (US$229M), China (US$84.1M), France (US$27.9M), Japan (US$24.5M), and Malaysia (US$21.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Generators, Combustion Engines (Exc. the Dynamos and Motors) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Generators, Combustion Engines (Exc. the Dynamos and Motors). 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- 14.5%, Mexican share in global exports - 2022
- 8.39%, Mexican share in global imports - 2022
The visualizations show the global market for Generators, Combustion Engines (Exc. the Dynamos and Motors). 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 Generators, Combustion Engines (Exc. the Dynamos and Motors) were Mexico (US$822M), France (US$807M), and China (US$677M). In the same year, the main importing countries for Generators, Combustion Engines (Exc. the Dynamos and Motors) were United States (US$1.36B), Germany (US$689M), and Mexico (US$477M).