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Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines)

Código 680423 (Harmonized System 2012 by 6 digits)

 2023: US$37.2M, Total Trade Exchange

2023: US$29M, International Sales

  2023: US$8.19M, 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) was US$37.2M.

In 2023, the states with the most international sales in Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were Baja California (US$126k), Ciudad de México (US$101k), and Quintana Roo (US$354).

The states with the most international purchases in 2023 were Ciudad de México (US$3.47M), Morelos (US$2.13M), Chihuahua (US$605k), Nuevo León (US$450k), and Jalisco (US$442k).

In 2023, the main commercial destinations of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$215k), Ireland (US$7.25k), Nicaragua (US$3.2k), Jamaica (US$304), and Ecuador (US$294).

The main commercial origins of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) in 2023 were United States (US$3.83M), Germany (US$1.99M), Switzerland (US$607k), India (US$535k), and China (US$270k).

In the global context, the main exporting countries of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) in 2022 were Mexico (US$30.9M), China (US$19.1M), and Japan (US$12.7M). In the same year, the main importing countries of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$34.2M), Mexico (US$6.85M), and China (US$6.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$37.2M, 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) in Mexico (including international purchases and sales) was US$37.2M.

The visualizations show the net balance of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and 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$784k, International Purchases
  • US$3.04M, International Sales

In July 2024, international sales of Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were US$3.04M, while international purchases reached US$784k. The above results in a trade balance of US$2.25M.

Exchange by Territory

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International Sales

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Baja California: US$126k, State with the Most International Sales (2023)

United States: US$215k, 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were Baja California (US$126k), Ciudad de México (US$101k), and Quintana Roo (US$354).

In 2023, the countries with the most international purchases from Mexico were United States (US$215k), Ireland (US$7.25k), Nicaragua (US$3.2k), Jamaica (US$304), and Ecuador (US$294).

International Purchases

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Ciudad de México: US$3.47M, State with the Most International Purchases (2023)

United States: US$3.83M, 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were Ciudad de México (US$3.47M), Morelos (US$2.13M), Chihuahua (US$605k), Nuevo León (US$450k), and Jalisco (US$442k).

The countries with the most international sales to Mexico in 2023 were United States (US$3.83M), Germany (US$1.99M), Switzerland (US$607k), India (US$535k), and China (US$270k).

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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and 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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  • 26.9%, Mexican share in global exports - 2022
  • 5.96%, 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and 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 Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were Mexico (US$30.9M), China (US$19.1M), and Japan (US$12.7M). In the same year, the main importing countries for Grindstones and Similar Articles., without Frameworks, for Grinding, Sharpening, Polishing, Trueing or Cutting, of Natural Stone (Exc. Natural Agglomerated Abrasives or of Ceramics and Pumice Fragrant, Stones Sharpening or Polishing by Hand and Grinding Wheels Etc. Specifically for Dental Drill Engines) were United States (US$34.2M), Mexico (US$6.85M), and China (US$6.2M).