Industrial Sewing Machines (Excl. Automatic Units)
Código 845229 (Harmonized System 2012 by 6 digits)
2023: US$47.3M, Total Trade Exchange
2023: US$7M, International Sales
2023: US$40.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Industrial Sewing Machines (Excl. Automatic Units) was US$47.3M.
In 2023, the states with the most international sales in Industrial Sewing Machines (Excl. Automatic Units) were Nuevo León (US$3.18M), Guanajuato (US$1.81M), Coahuila de Zaragoza (US$662k), Tamaulipas (US$344k), and Chihuahua (US$286k).
The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$8.44M), Ciudad de México (US$6.82M), Nuevo León (US$6.64M), Guanajuato (US$5M), and Chihuahua (US$3.07M).
In 2023, the main commercial destinations of Industrial Sewing Machines (Excl. Automatic Units) were United States (US$6.59M), Chile (US$69.3k), Laos (US$36.6k), Nicaragua (US$34.2k), and Japan (US$33.4k).
The main commercial origins of Industrial Sewing Machines (Excl. Automatic Units) in 2023 were China (US$14.5M), Japan (US$7.98M), Czech Republic (US$7.48M), United States (US$4.41M), and Vietnam (US$1.8M).
In the global context, the main exporting countries of Industrial Sewing Machines (Excl. Automatic Units) in 2022 were China (US$1.01B), Singapore (US$255M), and Japan (US$220M). In the same year, the main importing countries of Industrial Sewing Machines (Excl. Automatic Units) were India (US$242M), Singapore (US$237M), and Bangladesh (US$157M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$47.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Industrial Sewing Machines (Excl. Automatic Units) in Mexico (including international purchases and sales) was US$47.3M.
The visualizations show the net balance of Industrial Sewing Machines (Excl. Automatic Units) 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 sectionNovember, 2024
- US$1.94M, International Purchases
- US$161k, International Sales
In November 2024, international sales of Industrial Sewing Machines (Excl. Automatic Units) were US$161k, while international purchases reached US$1.94M. The above results in a trade balance of -US$1.78M.
Market Concentration
#permalink to section2024-Q4: US$136k, International Sales
The visualization shows the quarterly concentration of international sales of Industrial Sewing Machines (Excl. Automatic Units) at state level.
In the fourth quarter of 2024, international sales were US$136k, being the states with the most sales Baja California (US$58.9k), Chihuahua (US$35.3k), and Tamaulipas (US$34k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$3.18M, State with the Most International Sales (2023)
United States: US$6.59M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Industrial Sewing Machines (Excl. Automatic Units) were Nuevo León (US$3.18M), Guanajuato (US$1.81M), Coahuila de Zaragoza (US$662k), Tamaulipas (US$344k), and Chihuahua (US$286k).
In 2023, the countries with the most international purchases from Mexico were United States (US$6.59M), Chile (US$69.3k), Laos (US$36.6k), Nicaragua (US$34.2k), and Japan (US$33.4k).
International Purchases
#permalink to sectionCoahuila de Zaragoza: US$8.44M, State with the Most International Purchases (2023)
China: US$14.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Industrial Sewing Machines (Excl. Automatic Units) were Coahuila de Zaragoza (US$8.44M), Ciudad de México (US$6.82M), Nuevo León (US$6.64M), Guanajuato (US$5M), and Chihuahua (US$3.07M).
The countries with the most international sales to Mexico in 2023 were China (US$14.5M), Japan (US$7.98M), Czech Republic (US$7.48M), United States (US$4.41M), and Vietnam (US$1.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Industrial Sewing Machines (Excl. Automatic Units) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Industrial Sewing Machines (Excl. Automatic Units). 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- 0.1%, Mexican share in global exports - 2022
- 1.97%, Mexican share in global imports - 2022
The visualizations show the global market for Industrial Sewing Machines (Excl. Automatic Units). 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 Industrial Sewing Machines (Excl. Automatic Units) were China (US$1.01B), Singapore (US$255M), and Japan (US$220M). In the same year, the main importing countries for Industrial Sewing Machines (Excl. Automatic Units) were India (US$242M), Singapore (US$237M), and Bangladesh (US$157M).