Machinery; Parts of Escalators, Conveyors, Winches and Similar
Código 8431 (Harmonized System 2012 by 4 digits)
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$1.11B, State with the Most International Sales (2023)
United States: US$2.08B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Machinery; Parts of Escalators, Conveyors, Winches and Similar were Nuevo León (US$1.11B), Coahuila de Zaragoza (US$452M), Querétaro (US$204M), Veracruz de Ignacio de la Llave (US$89.1M), and Jalisco (US$83.4M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.08B), Brazil (US$37.2M), Canada (US$25.2M), China (US$15M), and France (US$8.61M).
International Purchases
#permalink to sectionNuevo León: US$344M, State with the Most International Purchases (2023)
United States: US$647M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Machinery; Parts of Escalators, Conveyors, Winches and Similar were Nuevo León (US$344M), Coahuila de Zaragoza (US$199M), Ciudad de México (US$194M), Chihuahua (US$110M), and Tabasco (US$107M).
The countries with the most international sales to Mexico in 2023 were United States (US$647M), China (US$208M), Canada (US$92.9M), Italy (US$64.9M), and Germany (US$49.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machinery; Parts of Escalators, Conveyors, Winches and Similar and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machinery; Parts of Escalators, Conveyors, Winches and Similar. 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- 3.04%, Mexican share in global exports - 2022
- 1.82%, Mexican share in global imports - 2022
The visualizations show the global market for Machinery; Parts of Escalators, Conveyors, Winches and Similar. 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; Parts of Escalators, Conveyors, Winches and Similar were N/A. In the same year, the main importing countries for Machinery; Parts of Escalators, Conveyors, Winches and Similar were N/A.