ProceduresGovernment

Hoists; Winches and Capstans; Cats

Código 8425 (Harmonized System 2012 by 4 digits)

 2023: US$237M, Total Trade Exchange

2023: US$56.2M, International Sales

  2023: US$180M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Hoists; Winches and Capstans; Cats was US$237M.

In 2023, the states with the most international sales in Hoists; Winches and Capstans; Cats were Tamaulipas (US$23.8M), Querétaro (US$15.6M), Estado de México (US$6.78M), Chihuahua (US$3.51M), and Ciudad de México (US$2.56M).

The states with the most international purchases in 2023 were Ciudad de México (US$51.2M), Estado de México (US$37.5M), Nuevo León (US$25.2M), Chihuahua (US$11.6M), and Jalisco (US$9.23M).

In 2023, the main commercial destinations of Hoists; Winches and Capstans; Cats were United States (US$45.3M), Peru (US$2.25M), Colombia (US$1.06M), Guatemala (US$927k), and Honduras (US$671k).

The main commercial origins of Hoists; Winches and Capstans; Cats in 2023 were China (US$73M), United States (US$47.5M), Canada (US$15.2M), Japan (US$8.84M), and Germany (US$8.65M).

In the global context, the main exporting countries of Hoists; Winches and Capstans; Cats in 2022 were China (US$2.76B), Germany (US$790M), and Italy (US$558M). In the same year, the main importing countries of Hoists; Winches and Capstans; Cats were United States (US$1.66B), Canada (US$448M), and Germany (US$443M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$237M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Hoists; Winches and Capstans; Cats in Mexico (including international purchases and sales) was US$237M.

The visualizations show the net balance of Hoists; Winches and Capstans; Cats 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 section

July, 2024

  • US$18.2M, International Purchases
  • US$4.53M, International Sales

In July 2024, international sales of Hoists; Winches and Capstans; Cats were US$4.53M, while international purchases reached US$18.2M. The above results in a trade balance of -US$13.7M.

Market Concentration

#permalink to section

2024-Q3: US$2.27M, International Sales

The visualization shows the quarterly concentration of international sales of Hoists; Winches and Capstans; Cats at state level.

In the third quarter of 2024, international sales were US$2.27M, being the states with the most sales Querétaro (US$1.02M), Estado de México (US$579k), and Nuevo León (US$269k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Tamaulipas: US$23.8M, State with the Most International Sales (2023)

United States: US$45.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Hoists; Winches and Capstans; Cats were Tamaulipas (US$23.8M), Querétaro (US$15.6M), Estado de México (US$6.78M), Chihuahua (US$3.51M), and Ciudad de México (US$2.56M).

In 2023, the countries with the most international purchases from Mexico were United States (US$45.3M), Peru (US$2.25M), Colombia (US$1.06M), Guatemala (US$927k), and Honduras (US$671k).

International Purchases

#permalink to section

Ciudad de México: US$51.2M, State with the Most International Purchases (2023)

China: US$73M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hoists; Winches and Capstans; Cats were Ciudad de México (US$51.2M), Estado de México (US$37.5M), Nuevo León (US$25.2M), Chihuahua (US$11.6M), and Jalisco (US$9.23M).

The countries with the most international sales to Mexico in 2023 were China (US$73M), United States (US$47.5M), Canada (US$15.2M), Japan (US$8.84M), and Germany (US$8.65M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hoists; Winches and Capstans; Cats  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hoists; Winches and Capstans; Cats. 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

#permalink to section

  • 1.75%, Mexican share in global exports - 2022
  • 1.98%, Mexican share in global imports - 2022

The visualizations show the global market for Hoists; Winches and Capstans; Cats. 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; Winches and Capstans; Cats were China (US$2.76B), Germany (US$790M), and Italy (US$558M). In the same year, the main importing countries for Hoists; Winches and Capstans; Cats were United States (US$1.66B), Canada (US$448M), and Germany (US$443M).