ProceduresGovernment

Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal)

Código 845891 (Harmonized System 2012 by 6 digits)

 2023: US$71.6M, Total Trade Exchange

2023: US$1.68M, International Sales

  2023: US$69.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) was US$71.6M.

In 2022, the states with the most international sales in Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were Nuevo León (US$377k) and Baja California (US$90.1k).

The states with the most international purchases in 2023 were Nuevo León (US$14.3M), Guanajuato (US$8.07M), Coahuila de Zaragoza (US$7.33M), Querétaro (US$6.8M), and Jalisco (US$6.47M).

In 2022, the main commercial destinations of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were Brazil (US$330k) and United States (US$137k).

The main commercial origins of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) in 2023 were South Korea (US$14.4M), Japan (US$13M), Taiwan (Republic of China) (US$10.9M), Germany (US$8.69M), and Italy (US$7.9M).

In the global context, the main exporting countries of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) in 2022 were Japan (US$197M), Germany (US$194M), and Taiwan (Republic of China) (US$189M). In the same year, the main importing countries of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were China (US$189M), United States (US$162M), and Taiwan (Republic of China) (US$80M).

Trade Balance of Mexico

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Net Trade Balance

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US$71.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) in Mexico (including international purchases and sales) was US$71.6M.

The visualizations show the net balance of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) 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$7.76M, International Purchases

In November 2024, international sales of Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were US$0, while international purchases reached US$7.76M. The above results in a trade balance of -US$7.76M.

Exchange by Territory

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International Sales

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Nuevo León: US$377k, State with the Most International Sales (2022)

Brazil: US$330k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were Nuevo León (US$377k) and Baja California (US$90.1k).

In 2022, the countries with the most international purchases from Mexico were Brazil (US$330k) and United States (US$137k).

International Purchases

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Nuevo León: US$14.3M, State with the Most International Purchases (2023)

South Korea: US$14.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were Nuevo León (US$14.3M), Guanajuato (US$8.07M), Coahuila de Zaragoza (US$7.33M), Querétaro (US$6.8M), and Jalisco (US$6.47M).

The countries with the most international sales to Mexico in 2023 were South Korea (US$14.4M), Japan (US$13M), Taiwan (Republic of China) (US$10.9M), Germany (US$8.69M), and Italy (US$7.9M).

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, Numerically Controlled (Excl. Lathes Horizontal)  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, Numerically Controlled (Excl. Lathes Horizontal). 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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  • 0.0028%, Mexican share in global exports - 2022
  • 4.6%, Mexican share in global imports - 2022

The visualizations show the global market for Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal). 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, Numerically Controlled (Excl. Lathes Horizontal) were Japan (US$197M), Germany (US$194M), and Taiwan (Republic of China) (US$189M). In the same year, the main importing countries for Lathes, Incl. Turning Centers, Operating by Removing Metal, Numerically Controlled (Excl. Lathes Horizontal) were China (US$189M), United States (US$162M), and Taiwan (Republic of China) (US$80M).