ProceduresGovernment

Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate

Código 8461 (Harmonized System 2012 by 4 digits)

 2023: US$101M, Total Trade Exchange

2023: US$8.01M, International Sales

  2023: US$93M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate was US$101M.

In 2023, the states with the most international sales in Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were Sonora (US$2.97M), Tamaulipas (US$1.96M), Nuevo León (US$676k), Querétaro (US$632k), and Estado de México (US$417k).

The states with the most international purchases in 2023 were Nuevo León (US$18.1M), Querétaro (US$13.9M), Estado de México (US$9.59M), Ciudad de México (US$9.57M), and Guanajuato (US$8.76M).

In 2023, the main commercial destinations of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were United States (US$6.77M), Dominican Republic (US$168k), Philippines (US$162k), Guatemala (US$135k), and Peru (US$99.3k).

The main commercial origins of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate in 2023 were Germany (US$25M), United States (US$23.8M), China (US$12.5M), Switzerland (US$5M), and Italy (US$4.95M).

In the global context, the main exporting countries of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate in 2022 were Germany (US$652M), China (US$379M), and Japan (US$219M). In the same year, the main importing countries of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were China (US$495M), United States (US$272M), and India (US$118M).

Trade Balance of Mexico

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Net Trade Balance

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US$101M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate in Mexico (including international purchases and sales) was US$101M.

The visualizations show the net balance of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate 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$7.26M, International Purchases
  • US$766k, International Sales

In July 2024, international sales of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were US$766k, while international purchases reached US$7.26M. The above results in a trade balance of -US$6.49M.

Market Concentration

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2024-Q3: US$50k, International Sales

The visualization shows the quarterly concentration of international sales of Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate at state level.

In the third quarter of 2024, international sales were US$50k, being the states with the most sales Estado de México (US$37.8k), Chihuahua (US$9.5k), and Baja California (US$2.67k).

Exchange by Territory

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International Sales

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Sonora: US$2.97M, State with the Most International Sales (2023)

United States: US$6.77M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were Sonora (US$2.97M), Tamaulipas (US$1.96M), Nuevo León (US$676k), Querétaro (US$632k), and Estado de México (US$417k).

In 2023, the countries with the most international purchases from Mexico were United States (US$6.77M), Dominican Republic (US$168k), Philippines (US$162k), Guatemala (US$135k), and Peru (US$99.3k).

International Purchases

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Nuevo León: US$18.1M, State with the Most International Purchases (2023)

Germany: US$25M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were Nuevo León (US$18.1M), Querétaro (US$13.9M), Estado de México (US$9.59M), Ciudad de México (US$9.57M), and Guanajuato (US$8.76M).

The countries with the most international sales to Mexico in 2023 were Germany (US$25M), United States (US$23.8M), China (US$12.5M), Switzerland (US$5M), and Italy (US$4.95M).

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 Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate. 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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  • 0.25%, Mexican share in global exports - 2022
  • 3.36%, Mexican share in global imports - 2022

The visualizations show the global market for Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate. 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 Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were Germany (US$652M), China (US$379M), and Japan (US$219M). In the same year, the main importing countries for Machines for Planing, Shaping, Slotting, Broaching, Grinding or Gear Finishing, Sawing, Cutting-Off and other Machine Tools Working by Removing Metal or Cermets, not elsewhere Specified or Included Mate were China (US$495M), United States (US$272M), and India (US$118M).