ProceduresGovernment

Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere

Código 8479 (Harmonized System 2012 by 4 digits)

In 2023, the states with the most international sales in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Sonora (US$541M), Baja California (US$376M), Tamaulipas (US$303M), Nuevo León (US$209M), and Coahuila de Zaragoza (US$180M).

The states with the most international purchases in 2023 were Nuevo León (US$829M), Ciudad de México (US$738M), Baja California (US$323M), Chihuahua (US$321M), and Querétaro (US$315M).

In 2023, the main commercial destinations of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were United States (US$1.91B), Canada (US$47.6M), South Korea (US$13.9M), Kuwait (US$10.9M), and Hong Kong (US$6.65M).

The main commercial origins of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere in 2023 were United States (US$1.68B), China (US$626M), Germany (US$501M), Japan (US$397M), and South Korea (US$248M).

In the global context, the main exporting countries of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere in 2022 were N/A. In the same year, the main importing countries of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were United States (US$13B), China (US$11.2B), and Germany (US$6.28B).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere 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$381M, International Purchases
  • US$179M, International Sales

In July 2024, international sales of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were US$179M, while international purchases reached US$381M. The above results in a trade balance of -US$202M.

Exchange by Territory

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International Sales

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Sonora: US$541M, State with the Most International Sales (2023)

United States: US$1.91B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Sonora (US$541M), Baja California (US$376M), Tamaulipas (US$303M), Nuevo León (US$209M), and Coahuila de Zaragoza (US$180M).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.91B), Canada (US$47.6M), South Korea (US$13.9M), Kuwait (US$10.9M), and Hong Kong (US$6.65M).

International Purchases

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Nuevo León: US$829M, State with the Most International Purchases (2023)

United States: US$1.68B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Nuevo León (US$829M), Ciudad de México (US$738M), Baja California (US$323M), Chihuahua (US$321M), and Querétaro (US$315M).

The countries with the most international sales to Mexico in 2023 were United States (US$1.68B), China (US$626M), Germany (US$501M), Japan (US$397M), and South Korea (US$248M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere. 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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  • N/A%, Mexican share in global exports - 2022
  • 3.97%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere. 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 Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were N/A. In the same year, the main importing countries for Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were United States (US$13B), China (US$11.2B), and Germany (US$6.28B).