ProceduresGovernment

Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances)

Código 841981 (Harmonized System 2012 by 6 digits)

 2023: US$152M, Total Trade Exchange

2023: US$13.4M, International Sales

  2023: US$138M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) was US$152M.

In 2023, the states with the most international sales in Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were San Luis Potosí (US$8.99M), Ciudad de México (US$1.68M), Jalisco (US$1.59M), Estado de México (US$332k), and Sonora (US$179k).

The states with the most international purchases in 2023 were Ciudad de México (US$48.9M), Estado de México (US$30.8M), Sonora (US$20.9M), Jalisco (US$9.42M), and Nuevo León (US$9.33M).

In 2023, the main commercial destinations of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were United States (US$6.97M), Chile (US$1.6M), Poland (US$846k), Brazil (US$749k), and United Kingdom (US$694k).

The main commercial origins of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) in 2023 were United States (US$48.9M), Italy (US$42.3M), Germany (US$11.1M), China (US$8.65M), and Switzerland (US$5.88M).

In the global context, the main exporting countries of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) in 2022 were Italy (US$1.27B), Germany (US$1.01B), and China (US$948M). In the same year, the main importing countries of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were United States (US$1.46B), Germany (US$461M), and United Kingdom (US$346M).

Trade Balance of Mexico

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Net Trade Balance

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US$152M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) in Mexico (including international purchases and sales) was US$152M.

The visualizations show the net balance of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) 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$12.7M, International Purchases
  • US$1.06M, International Sales

In July 2024, international sales of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were US$1.06M, while international purchases reached US$12.7M. The above results in a trade balance of -US$11.6M.

Market Concentration

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2024-Q3: US$47.5k, International Sales

The visualization shows the quarterly concentration of international sales of Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) at state level.

In the third quarter of 2024, international sales were US$47.5k, being the states with the most sales Ciudad de México (US$47.5k).

Exchange by Territory

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International Sales

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San Luis Potosí: US$8.99M, State with the Most International Sales (2023)

United States: US$6.97M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were San Luis Potosí (US$8.99M), Ciudad de México (US$1.68M), Jalisco (US$1.59M), Estado de México (US$332k), and Sonora (US$179k).

In 2023, the countries with the most international purchases from Mexico were United States (US$6.97M), Chile (US$1.6M), Poland (US$846k), Brazil (US$749k), and United Kingdom (US$694k).

International Purchases

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Ciudad de México: US$48.9M, State with the Most International Purchases (2023)

United States: US$48.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were Ciudad de México (US$48.9M), Estado de México (US$30.8M), Sonora (US$20.9M), Jalisco (US$9.42M), and Nuevo León (US$9.33M).

The countries with the most international sales to Mexico in 2023 were United States (US$48.9M), Italy (US$42.3M), Germany (US$11.1M), China (US$8.65M), and Switzerland (US$5.88M).

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 the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances). 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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  • 1.04%, Mexican share in global exports - 2022
  • 1.56%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances). 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 the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were Italy (US$1.27B), Germany (US$1.01B), and China (US$948M). In the same year, the main importing countries for Machinery for the Preparation of Hot Beverages or for Cooking or Heating Food (Exc. Household Appliances) were United States (US$1.46B), Germany (US$461M), and United Kingdom (US$346M).