ProceduresGovernment

Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening)

Código 846291 (Harmonized System 2012 by 6 digits)

 2022: US$82.7M, Total Trade Exchange

2022: US$2.77M, International Sales

  2022: US$79.9M, International Purchases

In 2022, the trade exchange (includes international purchases and sales) of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) was US$82.7M.

In 2022, the states with the most international sales in Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were Chihuahua (US$1.24M), Baja California (US$873k), Estado de México (US$200k), Sonora (US$80.6k), and Tamaulipas (US$76.8k).

The states with the most international purchases in 2022 were Baja California (US$27.8M), Nuevo León (US$20.3M), Tamaulipas (US$3.83M), Estado de México (US$3.72M), and Puebla (US$3.66M).

In 2022, the main commercial destinations of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were United States (US$2.3M), Honduras (US$41.1k), Guatemala (US$39.6k), El Salvador (US$26.2k), and Colombia (US$25.1k).

The main commercial origins of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) in 2022 were South Korea (US$20.5M), Germany (US$14.3M), United States (US$11.9M), Italy (US$7.54M), and China (US$7.38M).

In the global context, the main exporting countries of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) in 2022 were China (US$131M), Italy (US$129M), and Germany (US$96.7M). In the same year, the main importing countries of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were United States (US$112M), China (US$55.9M), and Germany (US$38.8M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$82.7M, Total Trade Exchange (2022)

In 2022, the total trade exchange of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) in Mexico (including international purchases and sales) was US$82.7M.

The visualizations show the net balance of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) 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

December, 2022

  • US$1.97M, International Purchases
  • US$26.2k, International Sales

In December 2022, international sales of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were US$26.2k, while international purchases reached US$1.97M. The above results in a trade balance of -US$1.95M.

Market Concentration

#permalink to section

2022-Q4: US$38.9k, International Sales

The visualization shows the quarterly concentration of international sales of Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) at state level.

In the fourth quarter of 2022, international sales were US$38.9k, being the states with the most sales Chihuahua (US$37.5k) and Tamaulipas (US$1.33k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Chihuahua: US$1.24M, State with the Most International Sales (2022)

United States: US$2.3M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were Chihuahua (US$1.24M), Baja California (US$873k), Estado de México (US$200k), Sonora (US$80.6k), and Tamaulipas (US$76.8k).

In 2022, the countries with the most international purchases from Mexico were United States (US$2.3M), Honduras (US$41.1k), Guatemala (US$39.6k), El Salvador (US$26.2k), and Colombia (US$25.1k).

International Purchases

#permalink to section

Baja California: US$27.8M, State with the Most International Purchases (2022)

South Korea: US$20.5M, Main Commercial Origin (2022)

In 2022, the states with the highest international in Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were Baja California (US$27.8M), Nuevo León (US$20.3M), Tamaulipas (US$3.83M), Estado de México (US$3.72M), and Puebla (US$3.66M).

The countries with the most international sales to Mexico in 2022 were South Korea (US$20.5M), Germany (US$14.3M), United States (US$11.9M), Italy (US$7.54M), and China (US$7.38M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening). 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

  • 0.089%, Mexican share in global exports - 2022
  • 3.81%, Mexican share in global imports - 2022

The visualizations show the global market for Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening). 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 Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were China (US$131M), Italy (US$129M), and Germany (US$96.7M). In the same year, the main importing countries for Hydraulic Presses for Working Metal (Exc. Forging Presses, Stamping, Bending, Folding, Straightening or Flattening) were United States (US$112M), China (US$55.9M), and Germany (US$38.8M).