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Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines)

Código 680421 (Harmonized System 2012 by 6 digits)

 2023: US$53.8M, Total Trade Exchange

2023: US$5.09M, International Sales

  2023: US$48.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) was US$53.8M.

In 2023, the states with the most international sales in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were Baja California (US$2.65M), Aguascalientes (US$515k), Coahuila de Zaragoza (US$394k), Estado de México (US$338k), and Nuevo León (US$238k).

The states with the most international purchases in 2023 were Ciudad de México (US$10.5M), Baja California (US$6.8M), Nuevo León (US$5.65M), Coahuila de Zaragoza (US$4.25M), and Estado de México (US$3.65M).

In 2023, the main commercial destinations of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$3.6M), Japan (US$711k), Germany (US$82.9k), Singapore (US$64.9k), and Costa Rica (US$53.7k).

The main commercial origins of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) in 2023 were United States (US$16.5M), Japan (US$7.25M), China (US$5.33M), Italy (US$5.15M), and Germany (US$3.8M).

In the global context, the main exporting countries of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) in 2022 were China (US$476M), Japan (US$258M), and Italy (US$238M). In the same year, the main importing countries of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$244M), Germany (US$226M), and China (US$221M).

Trade Balance of Mexico

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Net Trade Balance

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US$53.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) in Mexico (including international purchases and sales) was US$53.8M.

The visualizations show the net balance of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) 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$3.59M, International Purchases
  • US$539k, International Sales

In July 2024, international sales of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were US$539k, while international purchases reached US$3.59M. The above results in a trade balance of -US$3.05M.

Market Concentration

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2024-Q3: US$322k, International Sales

The visualization shows the quarterly concentration of international sales of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) at state level.

In the third quarter of 2024, international sales were US$322k, being the states with the most sales Baja California (US$305k) and Querétaro (US$17.5k).

Exchange by Territory

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International Sales

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Baja California: US$2.65M, State with the Most International Sales (2023)

United States: US$3.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were Baja California (US$2.65M), Aguascalientes (US$515k), Coahuila de Zaragoza (US$394k), Estado de México (US$338k), and Nuevo León (US$238k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.6M), Japan (US$711k), Germany (US$82.9k), Singapore (US$64.9k), and Costa Rica (US$53.7k).

International Purchases

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Ciudad de México: US$10.5M, State with the Most International Purchases (2023)

United States: US$16.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were Ciudad de México (US$10.5M), Baja California (US$6.8M), Nuevo León (US$5.65M), Coahuila de Zaragoza (US$4.25M), and Estado de México (US$3.65M).

The countries with the most international sales to Mexico in 2023 were United States (US$16.5M), Japan (US$7.25M), China (US$5.33M), Italy (US$5.15M), and Germany (US$3.8M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines). 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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  • 0.1%, Mexican share in global exports - 2022
  • 1.74%, Mexican share in global imports - 2022

The visualizations show the global market for Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines). 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 Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were China (US$476M), Japan (US$258M), and Italy (US$238M). In the same year, the main importing countries for Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Agglomerated Synthetic or Natural Diamond (Excl. Stones Sharpening or Polishing by Hand as well as Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$244M), Germany (US$226M), and China (US$221M).