Machinery for Explanar, Trailed, N.E.C
Código 843050 (Harmonized System 2012 by 6 digits)
2023: US$12.3M, Total Trade Exchange
2023: US$350k, International Sales
2023: US$12M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Machinery for Explanar, Trailed, N.E.C was US$12.3M.
The states with the most international purchases in 2023 were Jalisco (US$8.12M), Estado de México (US$1.07M), Chihuahua (US$231k), Tamaulipas (US$175k), and Baja California (US$96k).
The main commercial origins of Machinery for Explanar, Trailed, N.E.C in 2023 were United States (US$6.93M), Italy (US$1.94M), China (US$545k), Indonesia (US$133k), and United Kingdom (US$101k).
In the global context, the main exporting countries of Machinery for Explanar, Trailed, N.E.C in 2022 were China (US$238M), Germany (US$192M), and United States (US$82.3M). In the same year, the main importing countries of Machinery for Explanar, Trailed, N.E.C were United States (US$132M), France (US$68.5M), and India (US$63.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$12.3M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Machinery for Explanar, Trailed, N.E.C in Mexico (including international purchases and sales) was US$12.3M.
The visualizations show the net balance of Machinery for Explanar, Trailed, 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
#permalink to sectionJuly, 2024: US$68.2k, International Purchases
In July 2024, international sales of Machinery for Explanar, Trailed, N.E.C were US$0, while international purchases reached US$68.2k. The above results in a trade balance of -US$68.2k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionJalisco: US$8.12M, State with the Most International Purchases (2023)
United States: US$6.93M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Machinery for Explanar, Trailed, N.E.C were Jalisco (US$8.12M), Estado de México (US$1.07M), Chihuahua (US$231k), Tamaulipas (US$175k), and Baja California (US$96k).
The countries with the most international sales to Mexico in 2023 were United States (US$6.93M), Italy (US$1.94M), China (US$545k), Indonesia (US$133k), and United Kingdom (US$101k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machinery for Explanar, Trailed, 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, Trailed, 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.064%, Mexican share in global exports - 2022
- 2.56%, Mexican share in global imports - 2022
The visualizations show the global market for Machinery for Explanar, Trailed, 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, Trailed, N.E.C were China (US$238M), Germany (US$192M), and United States (US$82.3M). In the same year, the main importing countries for Machinery for Explanar, Trailed, N.E.C were United States (US$132M), France (US$68.5M), and India (US$63.3M).