Machining Centers for Working Metal
Código 845710 (Harmonized System 2012 by 6 digits)
2023: US$496M, Total Trade Exchange
2023: US$8.02M, International Sales
2023: US$488M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Machining Centers for Working Metal was US$496M.
In 2023, the states with the most international sales in Machining Centers for Working Metal were Nuevo León (US$2.38M), Baja California (US$1.12M), Chihuahua (US$993k), Guanajuato (US$884k), and Tamaulipas (US$787k).
The states with the most international purchases in 2023 were Nuevo León (US$97M), Querétaro (US$74.1M), Estado de México (US$55.1M), Guanajuato (US$44.1M), and Coahuila de Zaragoza (US$42.5M).
In 2023, the main commercial destinations of Machining Centers for Working Metal were United States (US$4.09M), Czech Republic (US$1.23M), Germany (US$421k), Slovakia (US$344k), and India (US$196k).
The main commercial origins of Machining Centers for Working Metal in 2023 were Germany (US$132M), Japan (US$98M), United States (US$84.2M), China (US$50.7M), and South Korea (US$47.6M).
In the global context, the main exporting countries of Machining Centers for Working Metal in 2022 were Japan (US$3.01B), Germany (US$1.62B), and Taiwan (Republic of China) (US$1.17B). In the same year, the main importing countries of Machining Centers for Working Metal were China (US$1.94B), United States (US$1.46B), and Turkey (US$499M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$496M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Machining Centers for Working Metal in Mexico (including international purchases and sales) was US$496M.
The visualizations show the net balance of Machining Centers for Working Metal 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
#permalink to sectionNovember, 2024: US$40.9M, International Purchases
In November 2024, international sales of Machining Centers for Working Metal were US$0, while international purchases reached US$40.9M. The above results in a trade balance of -US$40.9M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$2.38M, State with the Most International Sales (2023)
United States: US$4.09M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Machining Centers for Working Metal were Nuevo León (US$2.38M), Baja California (US$1.12M), Chihuahua (US$993k), Guanajuato (US$884k), and Tamaulipas (US$787k).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.09M), Czech Republic (US$1.23M), Germany (US$421k), Slovakia (US$344k), and India (US$196k).
International Purchases
#permalink to sectionNuevo León: US$97M, State with the Most International Purchases (2023)
Germany: US$132M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Machining Centers for Working Metal were Nuevo León (US$97M), Querétaro (US$74.1M), Estado de México (US$55.1M), Guanajuato (US$44.1M), and Coahuila de Zaragoza (US$42.5M).
The countries with the most international sales to Mexico in 2023 were Germany (US$132M), Japan (US$98M), United States (US$84.2M), China (US$50.7M), and South Korea (US$47.6M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Machining Centers for Working Metal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Machining Centers for Working Metal. 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- 0.006%, Mexican share in global exports - 2022
- 3.7%, Mexican share in global imports - 2022
The visualizations show the global market for Machining Centers for Working Metal. 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 Machining Centers for Working Metal were Japan (US$3.01B), Germany (US$1.62B), and Taiwan (Republic of China) (US$1.17B). In the same year, the main importing countries for Machining Centers for Working Metal were China (US$1.94B), United States (US$1.46B), and Turkey (US$499M).