Instruments, Machinery, Non-Optical, for Measuring or Checking
Código 903180 (Harmonized System 2012 by 6 digits)
2023: US$1.86B, Total Trade Exchange
2023: US$488M, International Sales
2023: US$1.37B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Instruments, Machinery, Non-Optical, for Measuring or Checking was US$1.86B.
In 2023, the states with the most international sales in Instruments, Machinery, Non-Optical, for Measuring or Checking were Baja California (US$103M), Chihuahua (US$90.5M), Tamaulipas (US$43.9M), Nuevo León (US$43.7M), and Querétaro (US$43.3M).
The states with the most international purchases in 2023 were Ciudad de México (US$192M), Nuevo León (US$167M), Chihuahua (US$137M), Guanajuato (US$135M), and Baja California (US$112M).
In 2023, the main commercial destinations of Instruments, Machinery, Non-Optical, for Measuring or Checking were United States (US$408M), Canada (US$12.9M), United Kingdom (US$12.5M), Netherlands (US$11.4M), and Germany (US$7.76M).
The main commercial origins of Instruments, Machinery, Non-Optical, for Measuring or Checking in 2023 were United States (US$553M), China (US$181M), Germany (US$123M), Japan (US$89.3M), and South Korea (US$76M).
In the global context, the main exporting countries of Instruments, Machinery, Non-Optical, for Measuring or Checking in 2022 were Germany (US$4.37B), China (US$3.31B), and United States (US$3.11B). In the same year, the main importing countries of Instruments, Machinery, Non-Optical, for Measuring or Checking were China (US$3.79B), United States (US$3.18B), and Germany (US$1.93B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.86B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Instruments, Machinery, Non-Optical, for Measuring or Checking in Mexico (including international purchases and sales) was US$1.86B.
The visualizations show the net balance of Instruments, Machinery, Non-Optical, for Measuring or Checking 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$134M, International Purchases
- US$57.8M, International Sales
In July 2024, international sales of Instruments, Machinery, Non-Optical, for Measuring or Checking were US$57.8M, while international purchases reached US$134M. The above results in a trade balance of -US$76.6M.
Market Concentration
#permalink to section2024-Q3: US$57.3M, International Sales
The visualization shows the quarterly concentration of international sales of Instruments, Machinery, Non-Optical, for Measuring or Checking at state level.
In the third quarter of 2024, international sales were US$57.3M, being the states with the most sales Baja California (US$15.2M), Jalisco (US$11.9M), and Chihuahua (US$7.93M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$103M, State with the Most International Sales (2023)
United States: US$408M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Instruments, Machinery, Non-Optical, for Measuring or Checking were Baja California (US$103M), Chihuahua (US$90.5M), Tamaulipas (US$43.9M), Nuevo León (US$43.7M), and Querétaro (US$43.3M).
In 2023, the countries with the most international purchases from Mexico were United States (US$408M), Canada (US$12.9M), United Kingdom (US$12.5M), Netherlands (US$11.4M), and Germany (US$7.76M).
International Purchases
#permalink to sectionCiudad de México: US$192M, State with the Most International Purchases (2023)
United States: US$553M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Instruments, Machinery, Non-Optical, for Measuring or Checking were Ciudad de México (US$192M), Nuevo León (US$167M), Chihuahua (US$137M), Guanajuato (US$135M), and Baja California (US$112M).
The countries with the most international sales to Mexico in 2023 were United States (US$553M), China (US$181M), Germany (US$123M), Japan (US$89.3M), and South Korea (US$76M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Instruments, Machinery, Non-Optical, for Measuring or Checking and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Instruments, Machinery, Non-Optical, for Measuring or Checking. 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- 1.81%, Mexican share in global exports - 2022
- 4.26%, Mexican share in global imports - 2022
The visualizations show the global market for Instruments, Machinery, Non-Optical, for Measuring or Checking. 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, Machinery, Non-Optical, for Measuring or Checking were Germany (US$4.37B), China (US$3.31B), and United States (US$3.11B). In the same year, the main importing countries for Instruments, Machinery, Non-Optical, for Measuring or Checking were China (US$3.79B), United States (US$3.18B), and Germany (US$1.93B).