Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines)
Código 846040 (Harmonized System 2012 by 6 digits)
2023: US$12.3M, Total Trade Exchange
2023: US$236k, International Sales
2023: US$12.1M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) was US$12.3M.
In 2021, the states with the most international sales in Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were Ciudad de México (US$35.3k).
The states with the most international purchases in 2023 were Nuevo León (US$3.59M), Ciudad de México (US$1.99M), Estado de México (US$1.64M), Puebla (US$1.28M), and Coahuila de Zaragoza (US$647k).
In 2021, the main commercial destinations of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were Germany (US$23.3k), Colombia (US$6.68k), United States (US$4k), and Panama (US$1.31k).
The main commercial origins of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) in 2023 were United States (US$5.38M), Japan (US$2.13M), Italy (US$984k), Switzerland (US$390k), and China (US$313k).
In the global context, the main exporting countries of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) in 2022 were Germany (US$52.7M), Japan (US$49M), and Italy (US$33.6M). In the same year, the main importing countries of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were China (US$60.7M), United States (US$33.3M), and India (US$22.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$12.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) in Mexico (including international purchases and sales) was US$12.3M.
The visualizations show the net balance of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) 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 sectionNovember, 2024: US$85.5k, International Purchases
In November 2024, international sales of Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were US$0, while international purchases reached US$85.5k. The above results in a trade balance of -US$85.5k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$35.3k, State with the Most International Sales (2021)
Germany: US$23.3k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were Ciudad de México (US$35.3k).
In 2021, the countries with the most international purchases from Mexico were Germany (US$23.3k), Colombia (US$6.68k), United States (US$4k), and Panama (US$1.31k).
International Purchases
#permalink to sectionNuevo León: US$3.59M, State with the Most International Purchases (2023)
United States: US$5.38M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were Nuevo León (US$3.59M), Ciudad de México (US$1.99M), Estado de México (US$1.64M), Puebla (US$1.28M), and Coahuila de Zaragoza (US$647k).
The countries with the most international sales to Mexico in 2023 were United States (US$5.38M), Japan (US$2.13M), Italy (US$984k), Switzerland (US$390k), and China (US$313k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines). 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- 0.33%, Mexican share in global exports - 2022
- 4.91%, Mexican share in global imports - 2022
The visualizations show the global market for Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines). 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 Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were Germany (US$52.7M), Japan (US$49M), and Italy (US$33.6M). In the same year, the main importing countries for Lapping Machines "Honing" for Metal (Exc. to Gear Finishing Machines) were China (US$60.7M), United States (US$33.3M), and India (US$22.1M).