ProceduresGovernment

Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets

Código 851590 (Harmonized System 2012 by 6 digits)

 2023: US$336M, Total Trade Exchange

2023: US$61.8M, International Sales

  2023: US$275M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets was US$336M.

In 2023, the states with the most international sales in Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were Tamaulipas (US$15.9M), Querétaro (US$10.8M), Coahuila de Zaragoza (US$8.08M), Sonora (US$8.06M), and Jalisco (US$7.17M).

The states with the most international purchases in 2023 were Nuevo León (US$44.2M), Puebla (US$38.9M), Querétaro (US$33.3M), Coahuila de Zaragoza (US$21.2M), and Ciudad de México (US$20.4M).

In 2023, the main commercial destinations of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were United States (US$50.8M), Netherlands (US$5.99M), Nicaragua (US$909k), China (US$419k), and Canada (US$373k).

The main commercial origins of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets in 2023 were United States (US$110M), Germany (US$37.3M), China (US$24.3M), Canada (US$23M), and Japan (US$22.6M).

In the global context, the main exporting countries of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets in 2022 were Germany (US$650M), China (US$552M), and United States (US$411M). In the same year, the main importing countries of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were United States (US$588M), Germany (US$266M), and Mexico (US$202M).

Trade Balance of Mexico

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Net Trade Balance

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US$336M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets in Mexico (including international purchases and sales) was US$336M.

The visualizations show the net balance of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets 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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July, 2024

  • US$18M, International Purchases
  • US$4.74M, International Sales

In July 2024, international sales of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were US$4.74M, while international purchases reached US$18M. The above results in a trade balance of -US$13.2M.

Market Concentration

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2024-Q3: US$3.19M, International Sales

The visualization shows the quarterly concentration of international sales of Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets at state level.

In the third quarter of 2024, international sales were US$3.19M, being the states with the most sales Tamaulipas (US$1.24M), Sonora (US$910k), and Nuevo León (US$409k).

Exchange by Territory

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International Sales

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Tamaulipas: US$15.9M, State with the Most International Sales (2023)

United States: US$50.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were Tamaulipas (US$15.9M), Querétaro (US$10.8M), Coahuila de Zaragoza (US$8.08M), Sonora (US$8.06M), and Jalisco (US$7.17M).

In 2023, the countries with the most international purchases from Mexico were United States (US$50.8M), Netherlands (US$5.99M), Nicaragua (US$909k), China (US$419k), and Canada (US$373k).

International Purchases

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Nuevo León: US$44.2M, State with the Most International Purchases (2023)

United States: US$110M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were Nuevo León (US$44.2M), Puebla (US$38.9M), Querétaro (US$33.3M), Coahuila de Zaragoza (US$21.2M), and Ciudad de México (US$20.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$110M), Germany (US$37.3M), China (US$24.3M), Canada (US$23M), and Japan (US$22.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets. 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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  • 2.35%, Mexican share in global exports - 2022
  • 5.81%, Mexican share in global imports - 2022

The visualizations show the global market for Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets. 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 Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were Germany (US$650M), China (US$552M), and United States (US$411M). In the same year, the main importing countries for Machine Parts and Appliance for Welding or for Hot Metal or Sintered Metal Carbides or Cermets were United States (US$588M), Germany (US$266M), and Mexico (US$202M).