Heat Pumps (Excl. Machines of Heading 8415)
Código 841861 (Harmonized System 2012 by 6 digits)
2023: US$123M, Total Trade Exchange
2023: US$18.5M, International Sales
2023: US$105M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Heat Pumps (Excl. Machines of Heading 8415) was US$123M.
In 2023, the states with the most international sales in Heat Pumps (Excl. Machines of Heading 8415) were Tamaulipas (US$16.9M), Baja California (US$93.1k), and Ciudad de México (US$21.1k).
The states with the most international purchases in 2023 were Baja California (US$88.9M), Nuevo León (US$7.99M), Estado de México (US$2.13M), Jalisco (US$1.95M), and Querétaro (US$1.74M).
In 2023, the main commercial destinations of Heat Pumps (Excl. Machines of Heading 8415) were United States (US$16.9M), Brazil (US$61.2k), Costa Rica (US$11.6k), Australia (US$9.51k), and Taiwan (Republic of China) (US$24).
The main commercial origins of Heat Pumps (Excl. Machines of Heading 8415) in 2023 were United States (US$96.8M), China (US$6.22M), Italy (US$413k), Spain (US$384k), and Canada (US$372k).
In the global context, the main exporting countries of Heat Pumps (Excl. Machines of Heading 8415) in 2022 were China (US$1.38B), Germany (US$848M), and France (US$658M). In the same year, the main importing countries of Heat Pumps (Excl. Machines of Heading 8415) were Germany (US$860M), France (US$564M), and Italy (US$536M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$123M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Heat Pumps (Excl. Machines of Heading 8415) in Mexico (including international purchases and sales) was US$123M.
The visualizations show the net balance of Heat Pumps (Excl. Machines of Heading 8415) 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 sectionNovember, 2024
- US$10M, International Purchases
- US$1.62M, International Sales
In November 2024, international sales of Heat Pumps (Excl. Machines of Heading 8415) were US$1.62M, while international purchases reached US$10M. The above results in a trade balance of -US$8.41M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$16.9M, State with the Most International Sales (2023)
United States: US$16.9M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Heat Pumps (Excl. Machines of Heading 8415) were Tamaulipas (US$16.9M), Baja California (US$93.1k), and Ciudad de México (US$21.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$16.9M), Brazil (US$61.2k), Costa Rica (US$11.6k), Australia (US$9.51k), and Taiwan (Republic of China) (US$24).
International Purchases
#permalink to sectionBaja California: US$88.9M, State with the Most International Purchases (2023)
United States: US$96.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Heat Pumps (Excl. Machines of Heading 8415) were Baja California (US$88.9M), Nuevo León (US$7.99M), Estado de México (US$2.13M), Jalisco (US$1.95M), and Querétaro (US$1.74M).
The countries with the most international sales to Mexico in 2023 were United States (US$96.8M), China (US$6.22M), Italy (US$413k), Spain (US$384k), and Canada (US$372k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Heat Pumps (Excl. Machines of Heading 8415) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Heat Pumps (Excl. Machines of Heading 8415). 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- 0.5%, Mexican share in global exports - 2022
- 1.65%, Mexican share in global imports - 2022
The visualizations show the global market for Heat Pumps (Excl. Machines of Heading 8415). 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 Heat Pumps (Excl. Machines of Heading 8415) were China (US$1.38B), Germany (US$848M), and France (US$658M). In the same year, the main importing countries for Heat Pumps (Excl. Machines of Heading 8415) were Germany (US$860M), France (US$564M), and Italy (US$536M).