ProceduresGovernment

Models for Metals or Metal Carbides, for Molding Injection or Compression

Código 848041 (Harmonized System 2012 by 6 digits)

 2023: US$251M, Total Trade Exchange

2023: US$16.4M, International Sales

  2023: US$235M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Models for Metals or Metal Carbides, for Molding Injection or Compression was US$251M.

In 2023, the states with the most international sales in Models for Metals or Metal Carbides, for Molding Injection or Compression were Coahuila de Zaragoza (US$4.13M), Nuevo León (US$3.82M), Querétaro (US$2.03M), Estado de México (US$1.94M), and Chihuahua (US$1.77M).

The states with the most international purchases in 2023 were Guanajuato (US$44.7M), Coahuila de Zaragoza (US$34.5M), Chihuahua (US$26.8M), Nuevo León (US$25.1M), and San Luis Potosí (US$21.9M).

In 2023, the main commercial destinations of Models for Metals or Metal Carbides, for Molding Injection or Compression were United States (US$12.8M), Canada (US$1.35M), China (US$567k), South Korea (US$474k), and Japan (US$315k).

The main commercial origins of Models for Metals or Metal Carbides, for Molding Injection or Compression in 2023 were China (US$56.7M), Japan (US$42.4M), South Korea (US$30.8M), Germany (US$26.3M), and United States (US$24.4M).

In the global context, the main exporting countries of Models for Metals or Metal Carbides, for Molding Injection or Compression in 2022 were China (US$316M), Italy (US$134M), and Japan (US$128M). In the same year, the main importing countries of Models for Metals or Metal Carbides, for Molding Injection or Compression were Mexico (US$142M), United States (US$127M), and Germany (US$87.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$251M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Models for Metals or Metal Carbides, for Molding Injection or Compression in Mexico (including international purchases and sales) was US$251M.

The visualizations show the net balance of Models for Metals or Metal Carbides, for Molding Injection or Compression 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$20.8M, International Purchases
  • US$2.09M, International Sales

In July 2024, international sales of Models for Metals or Metal Carbides, for Molding Injection or Compression were US$2.09M, while international purchases reached US$20.8M. The above results in a trade balance of -US$18.7M.

Market Concentration

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2024-Q3: US$626k, International Sales

The visualization shows the quarterly concentration of international sales of Models for Metals or Metal Carbides, for Molding Injection or Compression at state level.

In the third quarter of 2024, international sales were US$626k, being the states with the most sales Chihuahua (US$377k), Querétaro (US$162k), and Baja California (US$86.3k).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$4.13M, State with the Most International Sales (2023)

United States: US$12.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Models for Metals or Metal Carbides, for Molding Injection or Compression were Coahuila de Zaragoza (US$4.13M), Nuevo León (US$3.82M), Querétaro (US$2.03M), Estado de México (US$1.94M), and Chihuahua (US$1.77M).

In 2023, the countries with the most international purchases from Mexico were United States (US$12.8M), Canada (US$1.35M), China (US$567k), South Korea (US$474k), and Japan (US$315k).

International Purchases

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Guanajuato: US$44.7M, State with the Most International Purchases (2023)

China: US$56.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Models for Metals or Metal Carbides, for Molding Injection or Compression were Guanajuato (US$44.7M), Coahuila de Zaragoza (US$34.5M), Chihuahua (US$26.8M), Nuevo León (US$25.1M), and San Luis Potosí (US$21.9M).

The countries with the most international sales to Mexico in 2023 were China (US$56.7M), Japan (US$42.4M), South Korea (US$30.8M), Germany (US$26.3M), and United States (US$24.4M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Models for Metals or Metal Carbides, for Molding Injection or Compression  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Models for Metals or Metal Carbides, for Molding Injection or Compression. 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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  • 0.52%, Mexican share in global exports - 2022
  • 13.2%, Mexican share in global imports - 2022

The visualizations show the global market for Models for Metals or Metal Carbides, for Molding Injection or Compression. 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 Models for Metals or Metal Carbides, for Molding Injection or Compression were China (US$316M), Italy (US$134M), and Japan (US$128M). In the same year, the main importing countries for Models for Metals or Metal Carbides, for Molding Injection or Compression were Mexico (US$142M), United States (US$127M), and Germany (US$87.9M).