ProceduresGovernment

Machinery for Explanar, not Self-Propelled, N.E.C

Código 843069 (Harmonized System 2012 by 6 digits)

 2023: US$195M, Total Trade Exchange

2023: US$189M, International Sales

  2023: US$5.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for Explanar, not Self-Propelled, N.E.C was US$195M.

In 2023, the states with the most international sales in Machinery for Explanar, not Self-Propelled, N.E.C were Nuevo León (US$189M).

The states with the most international purchases in 2023 were Nuevo León (US$1.4M), Ciudad de México (US$1.1M), Jalisco (US$720k), Chihuahua (US$716k), and Veracruz de Ignacio de la Llave (US$546k).

In 2023, the main commercial destinations of Machinery for Explanar, not Self-Propelled, N.E.C were United States (US$168M), Canada (US$13.5M), Netherlands (US$1.69M), Belgium (US$1.23M), and Paraguay (US$1.19M).

The main commercial origins of Machinery for Explanar, not Self-Propelled, N.E.C in 2023 were United States (US$1.75M), South Korea (US$1.17M), France (US$684k), Sweden (US$578k), and China (US$521k).

In the global context, the main exporting countries of Machinery for Explanar, not Self-Propelled, N.E.C in 2022 were South Korea (US$121M), China (US$107M), and Canada (US$93.6M). In the same year, the main importing countries of Machinery for Explanar, not Self-Propelled, N.E.C were United States (US$249M), Canada (US$71.3M), and Germany (US$42.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$195M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for Explanar, not Self-Propelled, N.E.C in Mexico (including international purchases and sales) was US$195M.

The visualizations show the net balance of Machinery for Explanar, not Self-Propelled, N.E.C 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$1.14M, International Purchases

In July 2024, international sales of Machinery for Explanar, not Self-Propelled, N.E.C were US$0, while international purchases reached US$1.14M. The above results in a trade balance of -US$1.14M.

Exchange by Territory

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International Sales

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Nuevo León: US$189M, State with the Most International Sales (2023)

United States: US$168M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for Explanar, not Self-Propelled, N.E.C were Nuevo León (US$189M).

In 2023, the countries with the most international purchases from Mexico were United States (US$168M), Canada (US$13.5M), Netherlands (US$1.69M), Belgium (US$1.23M), and Paraguay (US$1.19M).

International Purchases

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Nuevo León: US$1.4M, State with the Most International Purchases (2023)

United States: US$1.75M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for Explanar, not Self-Propelled, N.E.C were Nuevo León (US$1.4M), Ciudad de México (US$1.1M), Jalisco (US$720k), Chihuahua (US$716k), and Veracruz de Ignacio de la Llave (US$546k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.75M), South Korea (US$1.17M), France (US$684k), Sweden (US$578k), and China (US$521k).

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 for Explanar, not Self-Propelled, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for Explanar, not Self-Propelled, N.E.C. 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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  • 0.31%, Mexican share in global exports - 2022
  • 0.56%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for Explanar, not Self-Propelled, N.E.C. 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 for Explanar, not Self-Propelled, N.E.C were South Korea (US$121M), China (US$107M), and Canada (US$93.6M). In the same year, the main importing countries for Machinery for Explanar, not Self-Propelled, N.E.C were United States (US$249M), Canada (US$71.3M), and Germany (US$42.8M).