Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases
Código 902620 (Harmonized System 2012 by 6 digits)
2023: US$1.18B, Total Trade Exchange
2023: US$698M, International Sales
2023: US$484M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases was US$1.18B.
In 2023, the states with the most international sales in Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were Aguascalientes (US$303M), Nuevo León (US$104M), Baja California (US$65.1M), Sonora (US$62.3M), and Jalisco (US$50.1M).
The states with the most international purchases in 2023 were Chihuahua (US$102M), Ciudad de México (US$81.3M), Nuevo León (US$44.8M), Estado de México (US$38.4M), and Tamaulipas (US$34.8M).
In 2023, the main commercial destinations of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were United States (US$482M), Germany (US$84M), United Kingdom (US$61.5M), China (US$21.3M), and Japan (US$13.1M).
The main commercial origins of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases in 2023 were United States (US$198M), China (US$76.4M), Singapore (US$56.5M), Germany (US$37M), and Japan (US$34.2M).
In the global context, the main exporting countries of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases in 2022 were Germany (US$2.07B), United States (US$1.66B), and China (US$1.45B). In the same year, the main importing countries of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were United States (US$1.78B), Germany (US$1.22B), and China (US$1.02B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.18B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases in Mexico (including international purchases and sales) was US$1.18B.
The visualizations show the net balance of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases 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$60.6M, International Purchases
- US$56M, International Sales
In November 2024, international sales of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were US$56M, while international purchases reached US$60.6M. The above results in a trade balance of -US$4.62M.
Market Concentration
#permalink to section2024-Q4: US$122M, International Sales
The visualization shows the quarterly concentration of international sales of Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases at state level.
In the fourth quarter of 2024, international sales were US$122M, being the states with the most sales Aguascalientes (US$55.5M), Nuevo León (US$18.8M), and Sonora (US$9.94M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionAguascalientes: US$303M, State with the Most International Sales (2023)
United States: US$482M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were Aguascalientes (US$303M), Nuevo León (US$104M), Baja California (US$65.1M), Sonora (US$62.3M), and Jalisco (US$50.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$482M), Germany (US$84M), United Kingdom (US$61.5M), China (US$21.3M), and Japan (US$13.1M).
International Purchases
#permalink to sectionChihuahua: US$102M, State with the Most International Purchases (2023)
United States: US$198M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were Chihuahua (US$102M), Ciudad de México (US$81.3M), Nuevo León (US$44.8M), Estado de México (US$38.4M), and Tamaulipas (US$34.8M).
The countries with the most international sales to Mexico in 2023 were United States (US$198M), China (US$76.4M), Singapore (US$56.5M), Germany (US$37M), and Japan (US$34.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases. 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- 6.79%, Mexican share in global exports - 2022
- 4.06%, Mexican share in global imports - 2022
The visualizations show the global market for Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases. 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 Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were Germany (US$2.07B), United States (US$1.66B), and China (US$1.45B). In the same year, the main importing countries for Instruments and Apparatus for Measuring or Checking Pressure of Liquids or Gases were United States (US$1.78B), Germany (US$1.22B), and China (US$1.02B).