Hoists, Electric Motor
Código 842511 (Harmonized System 2012 by 6 digits)
2023: US$41.5M, Total Trade Exchange
2023: US$1.73M, International Sales
2023: US$39.7M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Hoists, Electric Motor was US$41.5M.
In 2023, the states with the most international sales in Hoists, Electric Motor were Estado de México (US$370k), Ciudad de México (US$174k), Nuevo León (US$124k), Jalisco (US$83.5k), and Chihuahua (US$40.2k).
The states with the most international purchases in 2023 were Ciudad de México (US$9.22M), Estado de México (US$8.51M), Nuevo León (US$4.8M), Querétaro (US$4.35M), and San Luis Potosí (US$3.05M).
In 2023, the main commercial destinations of Hoists, Electric Motor were United States (US$349k), Colombia (US$102k), Guatemala (US$96.3k), Costa Rica (US$79.1k), and Honduras (US$53.2k).
The main commercial origins of Hoists, Electric Motor in 2023 were United States (US$8.98M), China (US$6.95M), Finland (US$6.72M), Germany (US$6.22M), and Japan (US$4.97M).
In the global context, the main exporting countries of Hoists, Electric Motor in 2022 were Germany (US$210M), China (US$195M), and United States (US$110M). In the same year, the main importing countries of Hoists, Electric Motor were United States (US$151M), Canada (US$128M), and United Kingdom (US$42.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$41.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Hoists, Electric Motor in Mexico (including international purchases and sales) was US$41.5M.
The visualizations show the net balance of Hoists, Electric Motor 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$3.84M, International Purchases
- US$161k, International Sales
In July 2024, international sales of Hoists, Electric Motor were US$161k, while international purchases reached US$3.84M. The above results in a trade balance of -US$3.68M.
Market Concentration
#permalink to section2024-Q3: US$105k, International Sales
The visualization shows the quarterly concentration of international sales of Hoists, Electric Motor at state level.
In the third quarter of 2024, international sales were US$105k, being the states with the most sales Nuevo León (US$105k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$370k, State with the Most International Sales (2023)
United States: US$349k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Hoists, Electric Motor were Estado de México (US$370k), Ciudad de México (US$174k), Nuevo León (US$124k), Jalisco (US$83.5k), and Chihuahua (US$40.2k).
In 2023, the countries with the most international purchases from Mexico were United States (US$349k), Colombia (US$102k), Guatemala (US$96.3k), Costa Rica (US$79.1k), and Honduras (US$53.2k).
International Purchases
#permalink to sectionCiudad de México: US$9.22M, State with the Most International Purchases (2023)
United States: US$8.98M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hoists, Electric Motor were Ciudad de México (US$9.22M), Estado de México (US$8.51M), Nuevo León (US$4.8M), Querétaro (US$4.35M), and San Luis Potosí (US$3.05M).
The countries with the most international sales to Mexico in 2023 were United States (US$8.98M), China (US$6.95M), Finland (US$6.72M), Germany (US$6.22M), and Japan (US$4.97M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hoists, Electric Motor and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hoists, Electric Motor. 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- 4.74%, Mexican share in global exports - 2022
- 2.42%, Mexican share in global imports - 2022
The visualizations show the global market for Hoists, Electric Motor. 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 Hoists, Electric Motor were Germany (US$210M), China (US$195M), and United States (US$110M). In the same year, the main importing countries for Hoists, Electric Motor were United States (US$151M), Canada (US$128M), and United Kingdom (US$42.1M).