ProceduresGovernment

Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412)

Código 841011 (Harmonized System 2012 by 6 digits)

2019: US$55.5k, International Sales

  2023: US$242k, International Purchases

In 2011, the states with the most international sales in Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were Ciudad de México (US$316k).

The states with the most international purchases in 2023 were Ciudad de México (US$16.1k).

In 2011, the main commercial destinations of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were United States (US$315k) and El Salvador (US$319).

The main commercial origins of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) in 2023 were Spain (US$10.2k), United States (US$3.47k), Turkey (US$1.43k), and China (US$990).

In the global context, the main exporting countries of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) in 2022 were United Kingdom (US$9.26M), United States (US$8.82M), and Egypt (US$8.55M). In the same year, the main importing countries of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were United Kingdom (US$12M), United States (US$9.4M), and Italy (US$6.59M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) 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

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May, 2024: US$159k, International Purchases

In May 2024, international sales of Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were US$0, while international purchases reached US$159k. The above results in a trade balance of -US$159k.

Exchange by Territory

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International Sales

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Year

Ciudad de México: US$316k, State with the Most International Sales (2011)

United States: US$315k, Main commercial destination (2011)

In 2011, the states with the highest international sales in Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were Ciudad de México (US$316k).

In 2011, the countries with the most international purchases from Mexico were United States (US$315k) and El Salvador (US$319).

International Purchases

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Ciudad de México: US$16.1k, State with the Most International Purchases (2023)

Spain: US$10.2k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were Ciudad de México (US$16.1k).

The countries with the most international sales to Mexico in 2023 were Spain (US$10.2k), United States (US$3.47k), Turkey (US$1.43k), and China (US$990).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412). 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

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  • 0.0099%, Mexican share in global exports - 2022
  • 1.21%, Mexican share in global imports - 2022

The visualizations show the global market for Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412). 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 Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were United Kingdom (US$9.26M), United States (US$8.82M), and Egypt (US$8.55M). In the same year, the main importing countries for Hydraulic Turbines and Water Wheels, Power <= 1.000 Kw (Exc. Hydraulic Motors of Heading 8412) were United Kingdom (US$12M), United States (US$9.4M), and Italy (US$6.59M).