Machinery for Resistance Welding of Metal, Fully or Partially Automatic
Código 851521 (Harmonized System 2012 by 6 digits)
2023: US$251M, Total Trade Exchange
2023: US$10.6M, International Sales
2023: US$240M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Machinery for Resistance Welding of Metal, Fully or Partially Automatic was US$251M.
In 2023, the states with the most international sales in Machinery for Resistance Welding of Metal, Fully or Partially Automatic were Baja California (US$1.24M), Nuevo León (US$1.18M), Chihuahua (US$522k), Tamaulipas (US$215k), and Guanajuato (US$63.4k).
The states with the most international purchases in 2023 were Baja California (US$86.5M), Coahuila de Zaragoza (US$37.8M), Nuevo León (US$23.5M), Sonora (US$17.1M), and Guanajuato (US$15.8M).
In 2023, the main commercial destinations of Machinery for Resistance Welding of Metal, Fully or Partially Automatic were United States (US$2.16M), South Korea (US$955k), Brazil (US$100k), Japan (US$16.7k), and Philippines (US$5k).
The main commercial origins of Machinery for Resistance Welding of Metal, Fully or Partially Automatic in 2023 were Japan (US$108M), United States (US$47.9M), Canada (US$24.2M), South Korea (US$17.5M), and China (US$6.87M).
In the global context, the main exporting countries of Machinery for Resistance Welding of Metal, Fully or Partially Automatic in 2022 were Germany (US$246M), Japan (US$168M), and China (US$159M). In the same year, the main importing countries of Machinery for Resistance Welding of Metal, Fully or Partially Automatic were United States (US$342M), China (US$96.8M), and Mexico (US$78.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$251M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Machinery for Resistance Welding of Metal, Fully or Partially Automatic in Mexico (including international purchases and sales) was US$251M.
The visualizations show the net balance of Machinery for Resistance Welding of Metal, Fully or Partially Automatic 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$8.47M, International Purchases
- US$711k, International Sales
In July 2024, international sales of Machinery for Resistance Welding of Metal, Fully or Partially Automatic were US$711k, while international purchases reached US$8.47M. The above results in a trade balance of -US$7.76M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$1.24M, State with the Most International Sales (2023)
United States: US$2.16M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Machinery for Resistance Welding of Metal, Fully or Partially Automatic were Baja California (US$1.24M), Nuevo León (US$1.18M), Chihuahua (US$522k), Tamaulipas (US$215k), and Guanajuato (US$63.4k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.16M), South Korea (US$955k), Brazil (US$100k), Japan (US$16.7k), and Philippines (US$5k).
International Purchases
#permalink to sectionBaja California: US$86.5M, State with the Most International Purchases (2023)
Japan: US$108M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Machinery for Resistance Welding of Metal, Fully or Partially Automatic were Baja California (US$86.5M), Coahuila de Zaragoza (US$37.8M), Nuevo León (US$23.5M), Sonora (US$17.1M), and Guanajuato (US$15.8M).
The countries with the most international sales to Mexico in 2023 were Japan (US$108M), United States (US$47.9M), Canada (US$24.2M), South Korea (US$17.5M), and China (US$6.87M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machinery for Resistance Welding of Metal, Fully or Partially Automatic and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machinery for Resistance Welding of Metal, Fully or Partially Automatic. 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- 0.55%, Mexican share in global exports - 2022
- 5.38%, Mexican share in global imports - 2022
The visualizations show the global market for Machinery for Resistance Welding of Metal, Fully or Partially Automatic. 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 Resistance Welding of Metal, Fully or Partially Automatic were Germany (US$246M), Japan (US$168M), and China (US$159M). In the same year, the main importing countries for Machinery for Resistance Welding of Metal, Fully or Partially Automatic were United States (US$342M), China (US$96.8M), and Mexico (US$78.1M).