ProceduresGovernment

Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics)

Código 9024 (Harmonized System 2012 by 4 digits)

 2023: US$70.9M, Total Trade Exchange

2023: US$6.97M, International Sales

  2023: US$63.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) was US$70.9M.

In 2023, the states with the most international sales in Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were Jalisco (US$1.69M), Ciudad de México (US$915k), Nuevo León (US$883k), Sonora (US$880k), and Chihuahua (US$836k).

The states with the most international purchases in 2023 were Nuevo León (US$14.2M), Ciudad de México (US$9.71M), Chihuahua (US$7M), Estado de México (US$5.86M), and Querétaro (US$4.56M).

In 2023, the main commercial destinations of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were United States (US$4.68M), Turkey (US$381k), Nicaragua (US$318k), Germany (US$222k), and Bolivia (US$166k).

The main commercial origins of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) in 2023 were United States (US$28.4M), Germany (US$7.75M), China (US$6.59M), Japan (US$3.29M), and Italy (US$2.91M).

In the global context, the main exporting countries of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) in 2022 were United States (US$587M), Germany (US$397M), and United Kingdom (US$232M). In the same year, the main importing countries of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were China (US$386M), United States (US$235M), and Germany (US$147M).

Trade Balance of Mexico

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Net Trade Balance

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US$70.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) in Mexico (including international purchases and sales) was US$70.9M.

The visualizations show the net balance of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) 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$4.86M, International Purchases
  • US$375k, International Sales

In July 2024, international sales of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were US$375k, while international purchases reached US$4.86M. The above results in a trade balance of -US$4.48M.

Market Concentration

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2024-Q3: US$345k, International Sales

The visualization shows the quarterly concentration of international sales of Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) at state level.

In the third quarter of 2024, international sales were US$345k, being the states with the most sales Jalisco (US$132k), Ciudad de México (US$40.7k), and Nuevo León (US$37.2k).

Exchange by Territory

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International Sales

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Jalisco: US$1.69M, State with the Most International Sales (2023)

United States: US$4.68M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were Jalisco (US$1.69M), Ciudad de México (US$915k), Nuevo León (US$883k), Sonora (US$880k), and Chihuahua (US$836k).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.68M), Turkey (US$381k), Nicaragua (US$318k), Germany (US$222k), and Bolivia (US$166k).

International Purchases

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Nuevo León: US$14.2M, State with the Most International Purchases (2023)

United States: US$28.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were Nuevo León (US$14.2M), Ciudad de México (US$9.71M), Chihuahua (US$7M), Estado de México (US$5.86M), and Querétaro (US$4.56M).

The countries with the most international sales to Mexico in 2023 were United States (US$28.4M), Germany (US$7.75M), China (US$6.59M), Japan (US$3.29M), and Italy (US$2.91M).

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 Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics). 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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  • 0.17%, Mexican share in global exports - 2022
  • 2.91%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics). 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 Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were United States (US$587M), Germany (US$397M), and United Kingdom (US$232M). In the same year, the main importing countries for Machinery for Testing the Hardness, Strength, Compressibility, Elasticity or other Mechanical Properties of Materials (For Example, Metals, Wood, Textiles, Paper, Plastics) were China (US$386M), United States (US$235M), and Germany (US$147M).