ProceduresGovernment

Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading)

Código 842959 (Harmonized System 2012 by 6 digits)

 2023: US$295M, Total Trade Exchange

2023: US$991k, International Sales

  2023: US$294M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) was US$295M.

In 2023, the states with the most international sales in Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were Estado de México (US$512k), Jalisco (US$275k), and Tamaulipas (US$97k).

The states with the most international purchases in 2023 were Nuevo León (US$83.6M), Jalisco (US$40M), Querétaro (US$32.2M), Tamaulipas (US$31.5M), and Sonora (US$18.9M).

In 2023, the main commercial destinations of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were United States (US$253k), Guyana (US$246k), Guatemala (US$158k), Belize (US$63k), and Honduras (US$56k).

The main commercial origins of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) in 2023 were Brazil (US$121M), United States (US$79.2M), India (US$42.2M), United Kingdom (US$14.5M), and China (US$12.4M).

In the global context, the main exporting countries of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) in 2022 were United Kingdom (US$901M), China (US$531M), and India (US$455M). In the same year, the main importing countries of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were United States (US$409M), Canada (US$236M), and Russia (US$216M).

Trade Balance of Mexico

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Net Trade Balance

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US$295M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) in Mexico (including international purchases and sales) was US$295M.

The visualizations show the net balance of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) 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$31.7M, International Purchases

In July 2024, international sales of Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were US$0, while international purchases reached US$31.7M. The above results in a trade balance of -US$31.7M.

Exchange by Territory

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International Sales

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Estado de México: US$512k, State with the Most International Sales (2023)

United States: US$253k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were Estado de México (US$512k), Jalisco (US$275k), and Tamaulipas (US$97k).

In 2023, the countries with the most international purchases from Mexico were United States (US$253k), Guyana (US$246k), Guatemala (US$158k), Belize (US$63k), and Honduras (US$56k).

International Purchases

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Nuevo León: US$83.6M, State with the Most International Purchases (2023)

Brazil: US$121M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were Nuevo León (US$83.6M), Jalisco (US$40M), Querétaro (US$32.2M), Tamaulipas (US$31.5M), and Sonora (US$18.9M).

The countries with the most international sales to Mexico in 2023 were Brazil (US$121M), United States (US$79.2M), India (US$42.2M), United Kingdom (US$14.5M), and China (US$12.4M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading). 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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  • 0.03%, Mexican share in global exports - 2022
  • 4.02%, Mexican share in global imports - 2022

The visualizations show the global market for Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading). 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 Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were United Kingdom (US$901M), China (US$531M), and India (US$455M). In the same year, the main importing countries for Mechanical Shovels, Excavators and Loaders, Self-Propelled (Exc. Mechanical Shovels Revolving Superstructure 360, as well as Loaders and Loaders front Loading) were United States (US$409M), Canada (US$236M), and Russia (US$216M).