Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable
Código 820412 (Harmonized System 2012 by 6 digits)
2023: US$20M, Total Trade Exchange
2023: US$3.37M, International Sales
2023: US$16.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable was US$20M.
In 2023, the states with the most international sales in Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were Estado de México (US$2.35M), Jalisco (US$786k), Nuevo León (US$87.1k), Ciudad de México (US$26.5k), and Tamaulipas (US$19.1k).
The states with the most international purchases in 2023 were Estado de México (US$8.42M), Jalisco (US$2.97M), Ciudad de México (US$1.76M), Nuevo León (US$1.33M), and Tamaulipas (US$600k).
In 2023, the main commercial destinations of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were United States (US$691k), Peru (US$436k), Colombia (US$372k), Guatemala (US$212k), and Honduras (US$197k).
The main commercial origins of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable in 2023 were China (US$11M), United States (US$2.65M), Spain (US$1.55M), Taiwan (Republic of China) (US$445k), and Canada (US$205k).
In the global context, the main exporting countries of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable in 2022 were China (US$297M), Taiwan (Republic of China) (US$101M), and Germany (US$50M). In the same year, the main importing countries of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were United States (US$143M), Canada (US$28.8M), and Germany (US$27M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$20M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable in Mexico (including international purchases and sales) was US$20M.
The visualizations show the net balance of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable 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$1.39M, International Purchases
- US$268k, International Sales
In July 2024, international sales of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were US$268k, while international purchases reached US$1.39M. The above results in a trade balance of -US$1.12M.
Market Concentration
#permalink to section2024-Q3: US$215k, International Sales
The visualization shows the quarterly concentration of international sales of Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable at state level.
In the third quarter of 2024, international sales were US$215k, being the states with the most sales Estado de México (US$186k), Baja California (US$24.5k), and Nuevo León (US$2.81k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$2.35M, State with the Most International Sales (2023)
United States: US$691k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were Estado de México (US$2.35M), Jalisco (US$786k), Nuevo León (US$87.1k), Ciudad de México (US$26.5k), and Tamaulipas (US$19.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$691k), Peru (US$436k), Colombia (US$372k), Guatemala (US$212k), and Honduras (US$197k).
International Purchases
#permalink to sectionEstado de México: US$8.42M, State with the Most International Purchases (2023)
China: US$11M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were Estado de México (US$8.42M), Jalisco (US$2.97M), Ciudad de México (US$1.76M), Nuevo León (US$1.33M), and Tamaulipas (US$600k).
The countries with the most international sales to Mexico in 2023 were China (US$11M), United States (US$2.65M), Spain (US$1.55M), Taiwan (Republic of China) (US$445k), and Canada (US$205k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable. 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- 0.17%, Mexican share in global exports - 2022
- 2.61%, Mexican share in global imports - 2022
The visualizations show the global market for Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable. 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 Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were China (US$297M), Taiwan (Republic of China) (US$101M), and Germany (US$50M). In the same year, the main importing countries for Hand Adjustment Keys, Incl. Torque Meter Wrenches, of Base Metal, of Boca Adjustable were United States (US$143M), Canada (US$28.8M), and Germany (US$27M).