ProceduresGovernment

Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines)

Código 845969 (Harmonized System 2012 by 6 digits)

 2023: US$8.48M, Total Trade Exchange

2023: US$454k, International Sales

  2023: US$8.03M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) was US$8.48M.

In 2023, the states with the most international sales in Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were Baja California (US$149k), Tamaulipas (US$25.2k), Sonora (US$20.2k), and Nuevo León (US$4.63k).

The states with the most international purchases in 2023 were Aguascalientes (US$1.86M), Nuevo León (US$1.12M), Ciudad de México (US$1.1M), Jalisco (US$1M), and Chihuahua (US$742k).

In 2023, the main commercial destinations of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were United States (US$196k) and Costa Rica (US$3k).

The main commercial origins of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) in 2023 were Germany (US$1.68M), China (US$1.61M), United States (US$1.34M), Taiwan (Republic of China) (US$1.11M), and Thailand (US$572k).

In the global context, the main exporting countries of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) in 2022 were China (US$63.4M), Taiwan (Republic of China) (US$52.2M), and Germany (US$52.2M). In the same year, the main importing countries of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were United States (US$32.9M), India (US$19.6M), and Vietnam (US$18.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$8.48M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) in Mexico (including international purchases and sales) was US$8.48M.

The visualizations show the net balance of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) 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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November, 2024

  • US$447k, International Purchases
  • US$61k, International Sales

In November 2024, international sales of Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were US$61k, while international purchases reached US$447k. The above results in a trade balance of -US$386k.

Exchange by Territory

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International Sales

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Baja California: US$149k, State with the Most International Sales (2023)

United States: US$196k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were Baja California (US$149k), Tamaulipas (US$25.2k), Sonora (US$20.2k), and Nuevo León (US$4.63k).

In 2023, the countries with the most international purchases from Mexico were United States (US$196k) and Costa Rica (US$3k).

International Purchases

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Aguascalientes: US$1.86M, State with the Most International Purchases (2023)

Germany: US$1.68M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were Aguascalientes (US$1.86M), Nuevo León (US$1.12M), Ciudad de México (US$1.1M), Jalisco (US$1M), and Chihuahua (US$742k).

The countries with the most international sales to Mexico in 2023 were Germany (US$1.68M), China (US$1.61M), United States (US$1.34M), Taiwan (Republic of China) (US$1.11M), and Thailand (US$572k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines). 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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  • 0.052%, Mexican share in global exports - 2022
  • 3.07%, Mexican share in global imports - 2022

The visualizations show the global market for Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines). 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 Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were China (US$63.4M), Taiwan (Republic of China) (US$52.2M), and Germany (US$52.2M). In the same year, the main importing countries for Milling Machines for Metals, not Numerically Controlled (Exc. Units Machining Corredera, Boring-Milling Machines, Console Milling Machines and Gear Cutting Machines) were United States (US$32.9M), India (US$19.6M), and Vietnam (US$18.7M).