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Hammers and Sledge Hammers with Working Parts of Base Metal

Código 820520 (Harmonized System 2012 by 6 digits)

 2023: US$37.5M, Total Trade Exchange

2023: US$31.6M, International Sales

  2023: US$5.96M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Hammers and Sledge Hammers with Working Parts of Base Metal was US$37.5M.

In 2023, the states with the most international sales in Hammers and Sledge Hammers with Working Parts of Base Metal were Estado de México (US$19.3M), Puebla (US$7.32M), Guanajuato (US$4.29M), Jalisco (US$509k), and Nuevo León (US$68k).

The states with the most international purchases in 2023 were Estado de México (US$3.07M), Nuevo León (US$674k), Ciudad de México (US$572k), Jalisco (US$456k), and Tamaulipas (US$255k).

In 2023, the main commercial destinations of Hammers and Sledge Hammers with Working Parts of Base Metal were United States (US$24.1M), Guatemala (US$1.56M), Peru (US$1.36M), Belgium (US$711k), and Dominican Republic (US$564k).

The main commercial origins of Hammers and Sledge Hammers with Working Parts of Base Metal in 2023 were China (US$3.82M), United States (US$1.03M), Brazil (US$283k), Taiwan (Republic of China) (US$226k), and Italy (US$221k).

In the global context, the main exporting countries of Hammers and Sledge Hammers with Working Parts of Base Metal in 2022 were China (US$287M), Taiwan (Republic of China) (US$61.9M), and Mexico (US$36.2M). In the same year, the main importing countries of Hammers and Sledge Hammers with Working Parts of Base Metal were United States (US$150M), Germany (US$34.4M), and Canada (US$27.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$37.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Hammers and Sledge Hammers with Working Parts of Base Metal in Mexico (including international purchases and sales) was US$37.5M.

The visualizations show the net balance of Hammers and Sledge Hammers with Working Parts of Base Metal 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$352k, International Purchases
  • US$3.37M, International Sales

In July 2024, international sales of Hammers and Sledge Hammers with Working Parts of Base Metal were US$3.37M, while international purchases reached US$352k. The above results in a trade balance of US$3.02M.

Market Concentration

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2024-Q3: US$1.82M, International Sales

The visualization shows the quarterly concentration of international sales of Hammers and Sledge Hammers with Working Parts of Base Metal at state level.

In the third quarter of 2024, international sales were US$1.82M, being the states with the most sales Estado de México (US$1.81M), Nuevo León (US$2.49k), and Ciudad de México (US$1.02k).

Exchange by Territory

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International Sales

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Estado de México: US$19.3M, State with the Most International Sales (2023)

United States: US$24.1M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Hammers and Sledge Hammers with Working Parts of Base Metal were Estado de México (US$19.3M), Puebla (US$7.32M), Guanajuato (US$4.29M), Jalisco (US$509k), and Nuevo León (US$68k).

In 2023, the countries with the most international purchases from Mexico were United States (US$24.1M), Guatemala (US$1.56M), Peru (US$1.36M), Belgium (US$711k), and Dominican Republic (US$564k).

International Purchases

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Estado de México: US$3.07M, State with the Most International Purchases (2023)

China: US$3.82M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hammers and Sledge Hammers with Working Parts of Base Metal were Estado de México (US$3.07M), Nuevo León (US$674k), Ciudad de México (US$572k), Jalisco (US$456k), and Tamaulipas (US$255k).

The countries with the most international sales to Mexico in 2023 were China (US$3.82M), United States (US$1.03M), Brazil (US$283k), Taiwan (Republic of China) (US$226k), and Italy (US$221k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hammers and Sledge Hammers with Working Parts of Base Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hammers and Sledge Hammers with Working Parts of Base Metal. 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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  • 6.19%, Mexican share in global exports - 2022
  • 1.16%, Mexican share in global imports - 2022

The visualizations show the global market for Hammers and Sledge Hammers with Working Parts of Base Metal. 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 Hammers and Sledge Hammers with Working Parts of Base Metal were China (US$287M), Taiwan (Republic of China) (US$61.9M), and Mexico (US$36.2M). In the same year, the main importing countries for Hammers and Sledge Hammers with Working Parts of Base Metal were United States (US$150M), Germany (US$34.4M), and Canada (US$27.7M).