ProceduresGovernment

Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines)

Código 845380 (Harmonized System 2012 by 6 digits)

 2023: US$7.67M, Total Trade Exchange

2023: US$392k, International Sales

  2023: US$7.27M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) was US$7.67M.

In 2023, the states with the most international sales in Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Guanajuato (US$2.84k).

The states with the most international purchases in 2023 were Guanajuato (US$1.55M), Tamaulipas (US$978k), Baja California (US$93.4k), Ciudad de México (US$35.2k), and Jalisco (US$14.8k).

In 2023, the main commercial destinations of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were El Salvador (US$2.29k), United States (US$300), and Dominican Republic (US$250).

The main commercial origins of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) in 2023 were Italy (US$1.58M), China (US$779k), Germany (US$298k), France (US$7.45k), and Taiwan (Republic of China) (US$4.65k).

In the global context, the main exporting countries of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) in 2022 were Italy (US$38.6M), China (US$32.2M), and Taiwan (Republic of China) (US$23.9M). In the same year, the main importing countries of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Indonesia (US$24.6M), Vietnam (US$15.4M), and India (US$11.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$7.67M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) in Mexico (including international purchases and sales) was US$7.67M.

The visualizations show the net balance of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) 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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November, 2024: US$98k, International Purchases

In November 2024, international sales of Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were US$0, while international purchases reached US$98k. The above results in a trade balance of -US$98k.

Exchange by Territory

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International Sales

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Guanajuato: US$2.84k, State with the Most International Sales (2023)

El Salvador: US$2.29k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Guanajuato (US$2.84k).

In 2023, the countries with the most international purchases from Mexico were El Salvador (US$2.29k), United States (US$300), and Dominican Republic (US$250).

International Purchases

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Guanajuato: US$1.55M, State with the Most International Purchases (2023)

Italy: US$1.58M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Guanajuato (US$1.55M), Tamaulipas (US$978k), Baja California (US$93.4k), Ciudad de México (US$35.2k), and Jalisco (US$14.8k).

The countries with the most international sales to Mexico in 2023 were Italy (US$1.58M), China (US$779k), Germany (US$298k), France (US$7.45k), and Taiwan (Republic of China) (US$4.65k).

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 Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines). 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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  • 0.026%, Mexican share in global exports - 2022
  • 3.08%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines). 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 Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Italy (US$38.6M), China (US$32.2M), and Taiwan (Republic of China) (US$23.9M). In the same year, the main importing countries for Machinery for Making or Repairing Articles or Leather (Excl. Footwear and Sewing Machines) were Indonesia (US$24.6M), Vietnam (US$15.4M), and India (US$11.6M).