Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working
Código 820810 (Harmonized System 2012 by 6 digits)
2023: US$24.7M, Total Trade Exchange
2023: US$1.44M, International Sales
2023: US$23.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working was US$24.7M.
In 2023, the states with the most international sales in Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were Baja California (US$808k), Nuevo León (US$240k), Chihuahua (US$111k), Estado de México (US$103k), and Ciudad de México (US$37.4k).
The states with the most international purchases in 2023 were Nuevo León (US$6.58M), Querétaro (US$2.52M), Baja California (US$2.22M), Chihuahua (US$1.81M), and Coahuila de Zaragoza (US$1.79M).
In 2023, the main commercial destinations of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were United States (US$1.23M), Nicaragua (US$37.2k), Denmark (US$31.9k), El Salvador (US$24.5k), and Colombia (US$23.9k).
The main commercial origins of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working in 2023 were United States (US$11.1M), Germany (US$3.58M), Japan (US$1.96M), China (US$1.43M), and Spain (US$914k).
In the global context, the main exporting countries of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working in 2022 were China (US$164M), Germany (US$76.9M), and United States (US$32M). In the same year, the main importing countries of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were United States (US$57.5M), Russia (US$56.1M), and Germany (US$51.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$24.7M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working in Mexico (including international purchases and sales) was US$24.7M.
The visualizations show the net balance of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working 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$1.94M, International Purchases
- US$28.5k, International Sales
In July 2024, international sales of Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were US$28.5k, while international purchases reached US$1.94M. The above results in a trade balance of -US$1.91M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$808k, State with the Most International Sales (2023)
United States: US$1.23M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were Baja California (US$808k), Nuevo León (US$240k), Chihuahua (US$111k), Estado de México (US$103k), and Ciudad de México (US$37.4k).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.23M), Nicaragua (US$37.2k), Denmark (US$31.9k), El Salvador (US$24.5k), and Colombia (US$23.9k).
International Purchases
#permalink to sectionNuevo León: US$6.58M, State with the Most International Purchases (2023)
United States: US$11.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were Nuevo León (US$6.58M), Querétaro (US$2.52M), Baja California (US$2.22M), Chihuahua (US$1.81M), and Coahuila de Zaragoza (US$1.79M).
The countries with the most international sales to Mexico in 2023 were United States (US$11.1M), Germany (US$3.58M), Japan (US$1.96M), China (US$1.43M), and Spain (US$914k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working 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 or Mechanical, Metal Working. 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- 0.15%, Mexican share in global exports - 2022
- 3.43%, Mexican share in global imports - 2022
The visualizations show the global market for Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working. 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 or Mechanical, Metal Working were China (US$164M), Germany (US$76.9M), and United States (US$32M). In the same year, the main importing countries for Knives and Cutting Blades, of Base Metal, for Machines or Mechanical, Metal Working were United States (US$57.5M), Russia (US$56.1M), and Germany (US$51.8M).