ProceduresGovernment

Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes)

Código 845899 (Harmonized System 2012 by 6 digits)

 2023: US$18.1M, Total Trade Exchange

2023: US$734k, International Sales

  2023: US$17.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) was US$18.1M.

In 2022, the states with the most international sales in Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Tamaulipas (US$80.9k), Baja California (US$74.6k), and Sonora (US$11.1k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$6.91M), Chihuahua (US$5.99M), Nuevo León (US$1.08M), Querétaro (US$916k), and Ciudad de México (US$847k).

In 2022, the main commercial destinations of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were United States (US$95.7k) and Brazil (US$70.8k).

The main commercial origins of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) in 2023 were China (US$7.6M), Japan (US$7.16M), United States (US$1.01M), South Korea (US$916k), and Switzerland (US$302k).

In the global context, the main exporting countries of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) in 2022 were Taiwan (Republic of China) (US$55.2M), China (US$50M), and Japan (US$27.2M). In the same year, the main importing countries of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Thailand (US$27.3M), India (US$23.9M), and United States (US$17.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$18.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) in Mexico (including international purchases and sales) was US$18.1M.

The visualizations show the net balance of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) 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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November, 2024: US$29.9k, International Purchases

In November 2024, international sales of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were US$0, while international purchases reached US$29.9k. The above results in a trade balance of -US$29.9k.

Market Concentration

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2024-Q2: US$447k, International Sales

The visualization shows the quarterly concentration of international sales of Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) at state level.

In the second quarter of 2024, international sales were US$447k, being the states with the most sales Chihuahua (US$447k).

Exchange by Territory

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International Sales

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Tamaulipas: US$80.9k, State with the Most International Sales (2022)

United States: US$95.7k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Tamaulipas (US$80.9k), Baja California (US$74.6k), and Sonora (US$11.1k).

In 2022, the countries with the most international purchases from Mexico were United States (US$95.7k) and Brazil (US$70.8k).

International Purchases

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Coahuila de Zaragoza: US$6.91M, State with the Most International Purchases (2023)

China: US$7.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Coahuila de Zaragoza (US$6.91M), Chihuahua (US$5.99M), Nuevo León (US$1.08M), Querétaro (US$916k), and Ciudad de México (US$847k).

The countries with the most international sales to Mexico in 2023 were China (US$7.6M), Japan (US$7.16M), United States (US$1.01M), South Korea (US$916k), and Switzerland (US$302k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes). 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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  • 0.75%, Mexican share in global exports - 2022
  • 2.46%, Mexican share in global imports - 2022

The visualizations show the global market for Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes). 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 Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Taiwan (Republic of China) (US$55.2M), China (US$50M), and Japan (US$27.2M). In the same year, the main importing countries for Lathes, Incl. Turning Centers, Operating by Removing Metal (Excl. Numerical Control and Horizontal Lathes) were Thailand (US$27.3M), India (US$23.9M), and United States (US$17.4M).