ProceduresGovernment

Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U)

Código 841320 (Harmonized System 2012 by 6 digits)

 2023: US$88.4M, Total Trade Exchange

2023: US$67.8M, International Sales

  2023: US$20.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) was US$88.4M.

In 2023, the states with the most international sales in Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were San Luis Potosí (US$36.3M), Guanajuato (US$21.2M), Chihuahua (US$4.96M), Querétaro (US$1.45M), and Estado de México (US$1.34M).

The states with the most international purchases in 2023 were Guanajuato (US$5.63M), Ciudad de México (US$3.22M), Nuevo León (US$2.78M), Estado de México (US$2.53M), and Querétaro (US$2.45M).

In 2023, the main commercial destinations of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were United States (US$64M), Peru (US$664k), Brazil (US$363k), Canada (US$212k), and Colombia (US$196k).

The main commercial origins of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) in 2023 were Germany (US$5.17M), United States (US$4.9M), China (US$3.42M), Italy (US$2.66M), and Canada (US$1.2M).

In the global context, the main exporting countries of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) in 2022 were China (US$553M), Germany (US$95.5M), and France (US$93.8M). In the same year, the main importing countries of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were United States (US$344M), Germany (US$82.2M), and Canada (US$67.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$88.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) in Mexico (including international purchases and sales) was US$88.4M.

The visualizations show the net balance of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) 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$1.61M, International Purchases
  • US$5.94M, International Sales

In July 2024, international sales of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were US$5.94M, while international purchases reached US$1.61M. The above results in a trade balance of US$4.33M.

Market Concentration

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2024-Q3: US$3.84M, International Sales

The visualization shows the quarterly concentration of international sales of Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) at state level.

In the third quarter of 2024, international sales were US$3.84M, being the states with the most sales San Luis Potosí (US$3.35M), Chihuahua (US$277k), and Estado de México (US$77.7k).

Exchange by Territory

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International Sales

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San Luis Potosí: US$36.3M, State with the Most International Sales (2023)

United States: US$64M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were San Luis Potosí (US$36.3M), Guanajuato (US$21.2M), Chihuahua (US$4.96M), Querétaro (US$1.45M), and Estado de México (US$1.34M).

In 2023, the countries with the most international purchases from Mexico were United States (US$64M), Peru (US$664k), Brazil (US$363k), Canada (US$212k), and Colombia (US$196k).

International Purchases

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Guanajuato: US$5.63M, State with the Most International Purchases (2023)

Germany: US$5.17M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were Guanajuato (US$5.63M), Ciudad de México (US$3.22M), Nuevo León (US$2.78M), Estado de México (US$2.53M), and Querétaro (US$2.45M).

The countries with the most international sales to Mexico in 2023 were Germany (US$5.17M), United States (US$4.9M), China (US$3.42M), Italy (US$2.66M), and Canada (US$1.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U). 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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  • 5.56%, Mexican share in global exports - 2022
  • 1.25%, Mexican share in global imports - 2022

The visualizations show the global market for Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U). 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 Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were China (US$553M), Germany (US$95.5M), and France (US$93.8M). In the same year, the main importing countries for Handpump (Exc. Pumps Subheadings 8413.11 8413.19 U) were United States (US$344M), Germany (US$82.2M), and Canada (US$67.6M).