ProceduresGovernment

Interchangeable Spanner Sockets, Incl. with Mango, Common Metal

Código 820420 (Harmonized System 2012 by 6 digits)

 2023: US$51.4M, Total Trade Exchange

2023: US$12.2M, International Sales

  2023: US$39.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal was US$51.4M.

In 2023, the states with the most international sales in Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were Estado de México (US$4.72M), Nuevo León (US$2.79M), Tamaulipas (US$2.46M), Jalisco (US$1.61M), and Baja California (US$167k).

The states with the most international purchases in 2023 were Estado de México (US$14.3M), Tamaulipas (US$8.41M), Ciudad de México (US$4.12M), Jalisco (US$3.59M), and Nuevo León (US$3.21M).

In 2023, the main commercial destinations of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were United States (US$6.71M), Peru (US$856k), Guatemala (US$746k), Colombia (US$612k), and Honduras (US$594k).

The main commercial origins of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal in 2023 were Taiwan (Republic of China) (US$16.6M), China (US$13.8M), United States (US$5.82M), Germany (US$751k), and Sweden (US$704k).

In the global context, the main exporting countries of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal in 2022 were Taiwan (Republic of China) (US$673M), China (US$451M), and Germany (US$112M). In the same year, the main importing countries of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were United States (US$405M), Germany (US$158M), and Netherlands (US$65.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$51.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal in Mexico (including international purchases and sales) was US$51.4M.

The visualizations show the net balance of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal 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$4.16M, International Purchases
  • US$1.14M, International Sales

In July 2024, international sales of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were US$1.14M, while international purchases reached US$4.16M. The above results in a trade balance of -US$3.02M.

Market Concentration

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2024-Q3: US$1.02M, International Sales

The visualization shows the quarterly concentration of international sales of Interchangeable Spanner Sockets, Incl. with Mango, Common Metal at state level.

In the third quarter of 2024, international sales were US$1.02M, being the states with the most sales Estado de México (US$453k), Tamaulipas (US$294k), and Nuevo León (US$260k).

Exchange by Territory

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International Sales

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Estado de México: US$4.72M, State with the Most International Sales (2023)

United States: US$6.71M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were Estado de México (US$4.72M), Nuevo León (US$2.79M), Tamaulipas (US$2.46M), Jalisco (US$1.61M), and Baja California (US$167k).

In 2023, the countries with the most international purchases from Mexico were United States (US$6.71M), Peru (US$856k), Guatemala (US$746k), Colombia (US$612k), and Honduras (US$594k).

International Purchases

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Estado de México: US$14.3M, State with the Most International Purchases (2023)

Taiwan (Republic of China): US$16.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were Estado de México (US$14.3M), Tamaulipas (US$8.41M), Ciudad de México (US$4.12M), Jalisco (US$3.59M), and Nuevo León (US$3.21M).

The countries with the most international sales to Mexico in 2023 were Taiwan (Republic of China) (US$16.6M), China (US$13.8M), United States (US$5.82M), Germany (US$751k), and Sweden (US$704k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Interchangeable Spanner Sockets, Incl. with Mango, Common Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Interchangeable Spanner Sockets, Incl. with Mango, Common Metal. 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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  • 0.43%, Mexican share in global exports - 2022
  • 2.19%, Mexican share in global imports - 2022

The visualizations show the global market for Interchangeable Spanner Sockets, Incl. with Mango, Common Metal. 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 Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were Taiwan (Republic of China) (US$673M), China (US$451M), and Germany (US$112M). In the same year, the main importing countries for Interchangeable Spanner Sockets, Incl. with Mango, Common Metal were United States (US$405M), Germany (US$158M), and Netherlands (US$65.8M).