Hoists Parts; Winches, Capstans and Jacks, N.E.C
Código 843110 (Harmonized System 2012 by 6 digits)
2023: US$32.4M, Total Trade Exchange
2023: US$9.65M, International Sales
2023: US$22.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Hoists Parts; Winches, Capstans and Jacks, N.E.C was US$32.4M.
In 2023, the states with the most international sales in Hoists Parts; Winches, Capstans and Jacks, N.E.C were Querétaro (US$2.56M), Nuevo León (US$2.51M), Baja California (US$2.45M), Estado de México (US$1.16M), and Tamaulipas (US$461k).
The states with the most international purchases in 2023 were Guanajuato (US$3.86M), Baja California (US$3.47M), Querétaro (US$2.88M), Estado de México (US$2.2M), and Ciudad de México (US$2.17M).
In 2023, the main commercial destinations of Hoists Parts; Winches, Capstans and Jacks, N.E.C were United States (US$7.84M), Canada (US$1.64M), Honduras (US$4.38k), Panama (US$3.61k), and Italy (US$3.06k).
The main commercial origins of Hoists Parts; Winches, Capstans and Jacks, N.E.C in 2023 were United States (US$12.6M), China (US$3.34M), Canada (US$1.65M), Germany (US$1.25M), and Japan (US$731k).
In the global context, the main exporting countries of Hoists Parts; Winches, Capstans and Jacks, N.E.C in 2022 were China (US$347M), Germany (US$159M), and Italy (US$155M). In the same year, the main importing countries of Hoists Parts; Winches, Capstans and Jacks, N.E.C were United States (US$276M), Netherlands (US$164M), and Germany (US$139M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$32.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Hoists Parts; Winches, Capstans and Jacks, N.E.C in Mexico (including international purchases and sales) was US$32.4M.
The visualizations show the net balance of Hoists Parts; Winches, Capstans and Jacks, N.E.C 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$1.84M, International Purchases
- US$805k, International Sales
In July 2024, international sales of Hoists Parts; Winches, Capstans and Jacks, N.E.C were US$805k, while international purchases reached US$1.84M. The above results in a trade balance of -US$1.03M.
Market Concentration
#permalink to section2024-Q3: US$453k, International Sales
The visualization shows the quarterly concentration of international sales of Hoists Parts; Winches, Capstans and Jacks, N.E.C at state level.
In the third quarter of 2024, international sales were US$453k, being the states with the most sales Nuevo León (US$423k), Chihuahua (US$13.9k), and Baja California (US$9.08k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionQuerétaro: US$2.56M, State with the Most International Sales (2023)
United States: US$7.84M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Hoists Parts; Winches, Capstans and Jacks, N.E.C were Querétaro (US$2.56M), Nuevo León (US$2.51M), Baja California (US$2.45M), Estado de México (US$1.16M), and Tamaulipas (US$461k).
In 2023, the countries with the most international purchases from Mexico were United States (US$7.84M), Canada (US$1.64M), Honduras (US$4.38k), Panama (US$3.61k), and Italy (US$3.06k).
International Purchases
#permalink to sectionGuanajuato: US$3.86M, State with the Most International Purchases (2023)
United States: US$12.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hoists Parts; Winches, Capstans and Jacks, N.E.C were Guanajuato (US$3.86M), Baja California (US$3.47M), Querétaro (US$2.88M), Estado de México (US$2.2M), and Ciudad de México (US$2.17M).
The countries with the most international sales to Mexico in 2023 were United States (US$12.6M), China (US$3.34M), Canada (US$1.65M), Germany (US$1.25M), and Japan (US$731k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hoists Parts; Winches, Capstans and Jacks, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hoists Parts; Winches, Capstans and Jacks, N.E.C. 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- 0.33%, Mexican share in global exports - 2022
- 1.78%, Mexican share in global imports - 2022
The visualizations show the global market for Hoists Parts; Winches, Capstans and Jacks, N.E.C. 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 Parts; Winches, Capstans and Jacks, N.E.C were China (US$347M), Germany (US$159M), and Italy (US$155M). In the same year, the main importing countries for Hoists Parts; Winches, Capstans and Jacks, N.E.C were United States (US$276M), Netherlands (US$164M), and Germany (US$139M).