Milking Machines Machinery for Dairy Industry
Código 8434 (Harmonized System 2012 by 4 digits)
2023: US$19.5M, Total Trade Exchange
2023: US$5.62M, International Sales
2023: US$13.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Milking Machines Machinery for Dairy Industry was US$19.5M.
In 2023, the states with the most international sales in Milking Machines Machinery for Dairy Industry were Ciudad de México (US$814k).
The states with the most international purchases in 2023 were Ciudad de México (US$5.21M), Chihuahua (US$2.14M), Estado de México (US$1.51M), Coahuila de Zaragoza (US$1.2M), and Guanajuato (US$1.08M).
In 2023, the main commercial destinations of Milking Machines Machinery for Dairy Industry were United States (US$589k), Argentina (US$148k), Panama (US$28.4k), Costa Rica (US$9.56k), and Trinidad and Tobago (US$5.96k).
The main commercial origins of Milking Machines Machinery for Dairy Industry in 2023 were United States (US$5.33M), Sweden (US$3.34M), Denmark (US$1.79M), Italy (US$1.1M), and Belgium (US$481k).
In the global context, the main exporting countries of Milking Machines Machinery for Dairy Industry in 2022 were Netherlands (US$455M), Germany (US$270M), and Sweden (US$200M). In the same year, the main importing countries of Milking Machines Machinery for Dairy Industry were Germany (US$206M), France (US$154M), and United States (US$135M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$19.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Milking Machines Machinery for Dairy Industry in Mexico (including international purchases and sales) was US$19.5M.
The visualizations show the net balance of Milking Machines Machinery for Dairy Industry 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$1.32M, International Purchases
- US$150k, International Sales
In November 2024, international sales of Milking Machines Machinery for Dairy Industry were US$150k, while international purchases reached US$1.32M. The above results in a trade balance of -US$1.17M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$814k, State with the Most International Sales (2023)
United States: US$589k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Milking Machines Machinery for Dairy Industry were Ciudad de México (US$814k).
In 2023, the countries with the most international purchases from Mexico were United States (US$589k), Argentina (US$148k), Panama (US$28.4k), Costa Rica (US$9.56k), and Trinidad and Tobago (US$5.96k).
International Purchases
#permalink to sectionCiudad de México: US$5.21M, State with the Most International Purchases (2023)
United States: US$5.33M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Milking Machines Machinery for Dairy Industry were Ciudad de México (US$5.21M), Chihuahua (US$2.14M), Estado de México (US$1.51M), Coahuila de Zaragoza (US$1.2M), and Guanajuato (US$1.08M).
The countries with the most international sales to Mexico in 2023 were United States (US$5.33M), Sweden (US$3.34M), Denmark (US$1.79M), Italy (US$1.1M), and Belgium (US$481k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Milking Machines Machinery for Dairy Industry and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Milking Machines Machinery for Dairy Industry. 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- 0.21%, Mexican share in global exports - 2022
- 0.54%, Mexican share in global imports - 2022
The visualizations show the global market for Milking Machines Machinery for Dairy Industry. 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 Milking Machines Machinery for Dairy Industry were Netherlands (US$455M), Germany (US$270M), and Sweden (US$200M). In the same year, the main importing countries for Milking Machines Machinery for Dairy Industry were Germany (US$206M), France (US$154M), and United States (US$135M).