ProceduresGovernment

Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic

Código 903289 (Harmonized System 2012 by 6 digits)

 2023: US$2.9B, Total Trade Exchange

2023: US$1.95B, International Sales

  2023: US$948M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic was US$2.9B.

In 2023, the states with the most international sales in Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were Chihuahua (US$861M), Guanajuato (US$439M), Tamaulipas (US$189M), Nuevo León (US$151M), and Baja California (US$58.1M).

The states with the most international purchases in 2023 were Estado de México (US$190M), Ciudad de México (US$159M), Nuevo León (US$102M), Puebla (US$98.5M), and Guanajuato (US$81.3M).

In 2023, the main commercial destinations of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were United States (US$1.81B), Germany (US$38.3M), Brazil (US$37M), South Korea (US$20.2M), and China (US$8.25M).

The main commercial origins of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic in 2023 were United States (US$428M), China (US$126M), Japan (US$68.6M), Germany (US$63.8M), and South Korea (US$35.2M).

In the global context, the main exporting countries of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic in 2022 were Japan (US$3.92B), China (US$3.16B), and United States (US$3.12B). In the same year, the main importing countries of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were United States (US$4.3B), China (US$2.74B), and Germany (US$1.78B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.9B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic in Mexico (including international purchases and sales) was US$2.9B.

The visualizations show the net balance of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic 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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July, 2024

  • US$80.4M, International Purchases
  • US$137M, International Sales

In July 2024, international sales of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were US$137M, while international purchases reached US$80.4M. The above results in a trade balance of US$56.3M.

Market Concentration

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2024-Q3: US$137M, International Sales

The visualization shows the quarterly concentration of international sales of Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic at state level.

In the third quarter of 2024, international sales were US$137M, being the states with the most sales Chihuahua (US$53.5M), Guanajuato (US$23.7M), and Tamaulipas (US$20.9M).

Exchange by Territory

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International Sales

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Chihuahua: US$861M, State with the Most International Sales (2023)

United States: US$1.81B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were Chihuahua (US$861M), Guanajuato (US$439M), Tamaulipas (US$189M), Nuevo León (US$151M), and Baja California (US$58.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.81B), Germany (US$38.3M), Brazil (US$37M), South Korea (US$20.2M), and China (US$8.25M).

International Purchases

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Estado de México: US$190M, State with the Most International Purchases (2023)

United States: US$428M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were Estado de México (US$190M), Ciudad de México (US$159M), Nuevo León (US$102M), Puebla (US$98.5M), and Guanajuato (US$81.3M).

The countries with the most international sales to Mexico in 2023 were United States (US$428M), China (US$126M), Japan (US$68.6M), Germany (US$63.8M), and South Korea (US$35.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic  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 Regulating or Controlling other than Hydraulic or Pneumatic. 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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  • 7.74%, Mexican share in global exports - 2022
  • 3.53%, Mexican share in global imports - 2022

The visualizations show the global market for Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic. 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 Regulating or Controlling other than Hydraulic or Pneumatic were Japan (US$3.92B), China (US$3.16B), and United States (US$3.12B). In the same year, the main importing countries for Instruments and Apparatus for Regulating or Controlling other than Hydraulic or Pneumatic were United States (US$4.3B), China (US$2.74B), and Germany (US$1.78B).