ProceduresGovernment

Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic

Código 847751 (Harmonized System 2012 by 6 digits)

2022: US$348k, International Sales

  2023: US$37.8M, International Purchases

The states with the most international purchases in 2023 were Ciudad de México (US$9.36M) and Nuevo León (US$561k).

The main commercial origins of Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic in 2023 were Japan (US$4.31M), China (US$2.91M), Netherlands (US$2.41M), United States (US$149k), and Italy (US$133k).

In the global context, the main exporting countries of Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic in 2022 were China (US$142M), Netherlands (US$86.8M), and Germany (US$39.4M). In the same year, the main importing countries of Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic were India (US$66.3M), United States (US$49.1M), and Cambodia (US$32.3M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic 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$3.78M, International Purchases

In November 2024, international sales of Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic were US$0, while international purchases reached US$3.78M. The above results in a trade balance of -US$3.78M.

Exchange by Territory

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International Purchases

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Ciudad de México: US$9.36M, State with the Most International Purchases (2023)

Japan: US$4.31M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic were Ciudad de México (US$9.36M) and Nuevo León (US$561k).

The countries with the most international sales to Mexico in 2023 were Japan (US$4.31M), China (US$2.91M), Netherlands (US$2.41M), United States (US$149k), and Italy (US$133k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic. 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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  • 0.034%, Mexican share in global exports - 2022
  • 5.38%, Mexican share in global imports - 2022

The visualizations show the global market for Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic. 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 Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic were China (US$142M), Netherlands (US$86.8M), and Germany (US$39.4M). In the same year, the main importing countries for Machines for Molding or Retreading Tires "Tires Rims" O Molding or Forming Inner Tubes of Rubber or Plastic were India (US$66.3M), United States (US$49.1M), and Cambodia (US$32.3M).