Machine Tools Operated by Electro
Código 845630 (Harmonized System 2012 by 6 digits)
2023: US$17M, Total Trade Exchange
2023: US$236k, International Sales
2023: US$16.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Machine Tools Operated by Electro was US$17M.
In 2022, the states with the most international sales in Machine Tools Operated by Electro were Tamaulipas (US$10.7k).
The states with the most international purchases in 2023 were Querétaro (US$5.49M), Nuevo León (US$4.18M), Estado de México (US$1.22M), Ciudad de México (US$1.2M), and Jalisco (US$1.13M).
In 2022, the main commercial destinations of Machine Tools Operated by Electro were United States (US$10.7k).
The main commercial origins of Machine Tools Operated by Electro in 2023 were Taiwan (Republic of China) (US$3.39M), China (US$3.31M), Thailand (US$2.95M), Japan (US$2.72M), and Switzerland (US$1.63M).
In the global context, the main exporting countries of Machine Tools Operated by Electro in 2022 were Japan (US$226M), China (US$163M), and Switzerland (US$134M). In the same year, the main importing countries of Machine Tools Operated by Electro were China (US$176M), United States (US$170M), and Germany (US$80.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$17M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Machine Tools Operated by Electro in Mexico (including international purchases and sales) was US$17M.
The visualizations show the net balance of Machine Tools Operated by Electro 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$1.27M, International Purchases
In November 2024, international sales of Machine Tools Operated by Electro were US$0, while international purchases reached US$1.27M. The above results in a trade balance of -US$1.27M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$10.7k, State with the Most International Sales (2022)
United States: US$10.7k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Machine Tools Operated by Electro were Tamaulipas (US$10.7k).
In 2022, the countries with the most international purchases from Mexico were United States (US$10.7k).
International Purchases
#permalink to sectionQuerétaro: US$5.49M, State with the Most International Purchases (2023)
Taiwan (Republic of China): US$3.39M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Machine Tools Operated by Electro were Querétaro (US$5.49M), Nuevo León (US$4.18M), Estado de México (US$1.22M), Ciudad de México (US$1.2M), and Jalisco (US$1.13M).
The countries with the most international sales to Mexico in 2023 were Taiwan (Republic of China) (US$3.39M), China (US$3.31M), Thailand (US$2.95M), Japan (US$2.72M), and Switzerland (US$1.63M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machine Tools Operated by Electro and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machine Tools Operated by Electro. 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- 0.084%, Mexican share in global exports - 2022
- 2.13%, Mexican share in global imports - 2022
The visualizations show the global market for Machine Tools Operated by Electro. 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 Tools Operated by Electro were Japan (US$226M), China (US$163M), and Switzerland (US$134M). In the same year, the main importing countries for Machine Tools Operated by Electro were China (US$176M), United States (US$170M), and Germany (US$80.9M).