ProceduresGovernment

Haymaking Machinery (Excl. Mowers)

Código 843330 (Harmonized System 2012 by 6 digits)

 2023: US$1.53M, Total Trade Exchange

2023: US$23.7k, International Sales

  2023: US$1.51M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Haymaking Machinery (Excl. Mowers) was US$1.53M.

The states with the most international purchases in 2023 were Nuevo León (US$571k), Chihuahua (US$93k), Tamaulipas (US$31.9k), and Ciudad de México (US$15.5k).

The main commercial origins of Haymaking Machinery (Excl. Mowers) in 2023 were United States (US$610k), China (US$39.9k), Italy (US$30.8k), Turkey (US$18.8k), and Germany (US$12.2k).

In the global context, the main exporting countries of Haymaking Machinery (Excl. Mowers) in 2022 were Germany (US$237M), France (US$117M), and Austria (US$104M). In the same year, the main importing countries of Haymaking Machinery (Excl. Mowers) were United States (US$140M), Germany (US$115M), and France (US$88M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.53M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Haymaking Machinery (Excl. Mowers) in Mexico (including international purchases and sales) was US$1.53M.

The visualizations show the net balance of Haymaking Machinery (Excl. Mowers) 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$4.14k, International Purchases

In July 2024, international sales of Haymaking Machinery (Excl. Mowers) were US$0, while international purchases reached US$4.14k. The above results in a trade balance of -US$4.14k.

Exchange by Territory

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International Purchases

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Nuevo León: US$571k, State with the Most International Purchases (2023)

United States: US$610k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Haymaking Machinery (Excl. Mowers) were Nuevo León (US$571k), Chihuahua (US$93k), Tamaulipas (US$31.9k), and Ciudad de México (US$15.5k).

The countries with the most international sales to Mexico in 2023 were United States (US$610k), China (US$39.9k), Italy (US$30.8k), Turkey (US$18.8k), and Germany (US$12.2k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Haymaking Machinery (Excl. Mowers)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Haymaking Machinery (Excl. Mowers). 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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  • 0.23%, Mexican share in global exports - 2022
  • 0.47%, Mexican share in global imports - 2022

The visualizations show the global market for Haymaking Machinery (Excl. Mowers). 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 Haymaking Machinery (Excl. Mowers) were Germany (US$237M), France (US$117M), and Austria (US$104M). In the same year, the main importing countries for Haymaking Machinery (Excl. Mowers) were United States (US$140M), Germany (US$115M), and France (US$88M).