Instant Heating Heaters, Gas (Exc. Boilers Central Heating)
Código 841911 (Harmonized System 2012 by 6 digits)
2023: US$269M, Total Trade Exchange
2023: US$132M, International Sales
2023: US$137M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) was US$269M.
In 2023, the states with the most international sales in Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were Estado de México (US$416k), Nuevo León (US$28.5k), and Yucatán (US$1.92k).
The states with the most international purchases in 2023 were Tamaulipas (US$91.6M), Estado de México (US$18.1M), Ciudad de México (US$10.4M), Nuevo León (US$6.12M), and Jalisco (US$6.11M).
In 2023, the main commercial destinations of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were Dominican Republic (US$142k), Guatemala (US$98.2k), Bolivia (US$78.2k), Peru (US$45.3k), and Belize (US$24.5k).
The main commercial origins of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) in 2023 were Japan (US$88.2M), China (US$26.6M), United States (US$8.39M), Portugal (US$3.28M), and Netherlands (US$3.1M).
In the global context, the main exporting countries of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) in 2022 were Japan (US$723M), China (US$397M), and South Korea (US$359M). In the same year, the main importing countries of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were United States (US$895M), Mexico (US$194M), and Canada (US$182M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$269M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) in Mexico (including international purchases and sales) was US$269M.
The visualizations show the net balance of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) 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$13.1M, International Purchases
- US$15.3M, International Sales
In July 2024, international sales of Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were US$15.3M, while international purchases reached US$13.1M. The above results in a trade balance of US$2.16M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$416k, State with the Most International Sales (2023)
Dominican Republic: US$142k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were Estado de México (US$416k), Nuevo León (US$28.5k), and Yucatán (US$1.92k).
In 2023, the countries with the most international purchases from Mexico were Dominican Republic (US$142k), Guatemala (US$98.2k), Bolivia (US$78.2k), Peru (US$45.3k), and Belize (US$24.5k).
International Purchases
#permalink to sectionTamaulipas: US$91.6M, State with the Most International Purchases (2023)
Japan: US$88.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were Tamaulipas (US$91.6M), Estado de México (US$18.1M), Ciudad de México (US$10.4M), Nuevo León (US$6.12M), and Jalisco (US$6.11M).
The countries with the most international sales to Mexico in 2023 were Japan (US$88.2M), China (US$26.6M), United States (US$8.39M), Portugal (US$3.28M), and Netherlands (US$3.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Instant Heating Heaters, Gas (Exc. Boilers Central Heating) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Instant Heating Heaters, Gas (Exc. Boilers Central Heating). 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- 5.08%, Mexican share in global exports - 2022
- 9.47%, Mexican share in global imports - 2022
The visualizations show the global market for Instant Heating Heaters, Gas (Exc. Boilers Central Heating). 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 Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were Japan (US$723M), China (US$397M), and South Korea (US$359M). In the same year, the main importing countries for Instant Heating Heaters, Gas (Exc. Boilers Central Heating) were United States (US$895M), Mexico (US$194M), and Canada (US$182M).