ProceduresGovernment

Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking)

Código 820840 (Harmonized System 2012 by 6 digits)

 2023: US$22.6M, Total Trade Exchange

2023: US$8.28M, International Sales

  2023: US$14.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) was US$22.6M.

In 2023, the states with the most international sales in Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were Nuevo León (US$7.84M), Chihuahua (US$33.3k), and Estado de México (US$21.5k).

The states with the most international purchases in 2023 were Sonora (US$4.08M), Chihuahua (US$3.49M), Nuevo León (US$2.81M), Jalisco (US$943k), and Colima (US$410k).

In 2023, the main commercial destinations of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were United States (US$7.86M), El Salvador (US$14.1k), Guatemala (US$6.14k), Ecuador (US$4.24k), and Honduras (US$3.79k).

The main commercial origins of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) in 2023 were United States (US$7.38M), China (US$4.12M), Australia (US$426k), Germany (US$326k), and Brazil (US$325k).

In the global context, the main exporting countries of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) in 2022 were Germany (US$148M), United States (US$116M), and China (US$104M). In the same year, the main importing countries of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were United States (US$102M), Germany (US$89.9M), and Canada (US$53.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$22.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) in Mexico (including international purchases and sales) was US$22.6M.

The visualizations show the net balance of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) 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 section

July, 2024

  • US$1.44M, International Purchases
  • US$692k, International Sales

In July 2024, international sales of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were US$692k, while international purchases reached US$1.44M. The above results in a trade balance of -US$752k.

Market Concentration

#permalink to section

2024-Q3: US$13.1k, International Sales

The visualization shows the quarterly concentration of international sales of Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) at state level.

In the third quarter of 2024, international sales were US$13.1k, being the states with the most sales Chihuahua (US$13.1k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$7.84M, State with the Most International Sales (2023)

United States: US$7.86M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were Nuevo León (US$7.84M), Chihuahua (US$33.3k), and Estado de México (US$21.5k).

In 2023, the countries with the most international purchases from Mexico were United States (US$7.86M), El Salvador (US$14.1k), Guatemala (US$6.14k), Ecuador (US$4.24k), and Honduras (US$3.79k).

International Purchases

#permalink to section

Sonora: US$4.08M, State with the Most International Purchases (2023)

United States: US$7.38M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were Sonora (US$4.08M), Chihuahua (US$3.49M), Nuevo León (US$2.81M), Jalisco (US$943k), and Colima (US$410k).

The countries with the most international sales to Mexico in 2023 were United States (US$7.38M), China (US$4.12M), Australia (US$426k), Germany (US$326k), and Brazil (US$325k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking). 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

#permalink to section

  • 1.05%, Mexican share in global exports - 2022
  • 2.14%, Mexican share in global imports - 2022

The visualizations show the global market for Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking). 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 Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were Germany (US$148M), United States (US$116M), and China (US$104M). In the same year, the main importing countries for Knives and Cutting Blades, of Base Metal, for Machines Agricultural, Horticultural or Forestry (Exc. Woodworking) were United States (US$102M), Germany (US$89.9M), and Canada (US$53.2M).