Manuals for Welding Torches
Código 846810 (Harmonized System 2012 by 6 digits)
2023: US$34.6M, Total Trade Exchange
2023: US$28.6M, International Sales
2023: US$5.99M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Manuals for Welding Torches was US$34.6M.
In 2023, the states with the most international sales in Manuals for Welding Torches were Estado de México (US$502k), Nuevo León (US$9.46k), and Ciudad de México (US$218).
The states with the most international purchases in 2023 were Estado de México (US$2.1M), Nuevo León (US$872k), Ciudad de México (US$830k), Jalisco (US$403k), and Baja California (US$296k).
In 2023, the main commercial destinations of Manuals for Welding Torches were Costa Rica (US$195k), Ecuador (US$52.4k), Nicaragua (US$46k), El Salvador (US$41.6k), and Dominican Republic (US$30.7k).
The main commercial origins of Manuals for Welding Torches in 2023 were China (US$2.96M), United States (US$1.22M), Taiwan (Republic of China) (US$543k), Austria (US$162k), and Poland (US$81.9k).
In the global context, the main exporting countries of Manuals for Welding Torches in 2022 were China (US$63.2M), Mexico (US$30.7M), and Austria (US$19.4M). In the same year, the main importing countries of Manuals for Welding Torches were United States (US$55.2M), Germany (US$13.4M), and Canada (US$9.93M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$34.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Manuals for Welding Torches in Mexico (including international purchases and sales) was US$34.6M.
The visualizations show the net balance of Manuals for Welding Torches 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$604k, International Purchases
- US$2M, International Sales
In November 2024, international sales of Manuals for Welding Torches were US$2M, while international purchases reached US$604k. The above results in a trade balance of US$1.39M.
Market Concentration
#permalink to section2024-Q4: US$48.8k, International Sales
The visualization shows the quarterly concentration of international sales of Manuals for Welding Torches at state level.
In the fourth quarter of 2024, international sales were US$48.8k, being the states with the most sales Estado de México (US$48.8k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$502k, State with the Most International Sales (2023)
Costa Rica: US$195k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Manuals for Welding Torches were Estado de México (US$502k), Nuevo León (US$9.46k), and Ciudad de México (US$218).
In 2023, the countries with the most international purchases from Mexico were Costa Rica (US$195k), Ecuador (US$52.4k), Nicaragua (US$46k), El Salvador (US$41.6k), and Dominican Republic (US$30.7k).
International Purchases
#permalink to sectionEstado de México: US$2.1M, State with the Most International Purchases (2023)
China: US$2.96M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Manuals for Welding Torches were Estado de México (US$2.1M), Nuevo León (US$872k), Ciudad de México (US$830k), Jalisco (US$403k), and Baja California (US$296k).
The countries with the most international sales to Mexico in 2023 were China (US$2.96M), United States (US$1.22M), Taiwan (Republic of China) (US$543k), Austria (US$162k), and Poland (US$81.9k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Manuals for Welding Torches and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Manuals for Welding Torches. 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- 15.4%, Mexican share in global exports - 2022
- 3.52%, Mexican share in global imports - 2022
The visualizations show the global market for Manuals for Welding Torches. 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 Manuals for Welding Torches were China (US$63.2M), Mexico (US$30.7M), and Austria (US$19.4M). In the same year, the main importing countries for Manuals for Welding Torches were United States (US$55.2M), Germany (US$13.4M), and Canada (US$9.93M).