Molding Machines Rubber or Plastic Injection
Código 847710 (Harmonized System 2012 by 6 digits)
2023: US$655M, Total Trade Exchange
2023: US$19.7M, International Sales
2023: US$635M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Molding Machines Rubber or Plastic Injection was US$655M.
In 2023, the states with the most international sales in Molding Machines Rubber or Plastic Injection were Nuevo León (US$6.28M), Tamaulipas (US$3.4M), Chihuahua (US$1.71M), Sonora (US$1.53M), and Baja California (US$1.52M).
The states with the most international purchases in 2023 were Querétaro (US$111M), Nuevo León (US$109M), Jalisco (US$77.1M), Estado de México (US$47.8M), and San Luis Potosí (US$45.1M).
In 2023, the main commercial destinations of Molding Machines Rubber or Plastic Injection were United States (US$15.1M), United Kingdom (US$757k), Taiwan (Republic of China) (US$299k), Italy (US$293k), and Austria (US$254k).
The main commercial origins of Molding Machines Rubber or Plastic Injection in 2023 were China (US$165M), Germany (US$134M), Austria (US$92.5M), Japan (US$78.4M), and United States (US$43.2M).
In the global context, the main exporting countries of Molding Machines Rubber or Plastic Injection in 2022 were China (US$1.79B), Japan (US$1.18B), and Germany (US$918M). In the same year, the main importing countries of Molding Machines Rubber or Plastic Injection were United States (US$1.05B), China (US$598M), and Mexico (US$552M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$655M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Molding Machines Rubber or Plastic Injection in Mexico (including international purchases and sales) was US$655M.
The visualizations show the net balance of Molding Machines Rubber or Plastic Injection 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$50.9M, International Purchases
- US$2.39M, International Sales
In November 2024, international sales of Molding Machines Rubber or Plastic Injection were US$2.39M, while international purchases reached US$50.9M. The above results in a trade balance of -US$48.5M.
Market Concentration
#permalink to section2024-Q4: US$734k, International Sales
The visualization shows the quarterly concentration of international sales of Molding Machines Rubber or Plastic Injection at state level.
In the fourth quarter of 2024, international sales were US$734k, being the states with the most sales Sonora (US$368k), Tamaulipas (US$305k), and Baja California (US$31.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$6.28M, State with the Most International Sales (2023)
United States: US$15.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Molding Machines Rubber or Plastic Injection were Nuevo León (US$6.28M), Tamaulipas (US$3.4M), Chihuahua (US$1.71M), Sonora (US$1.53M), and Baja California (US$1.52M).
In 2023, the countries with the most international purchases from Mexico were United States (US$15.1M), United Kingdom (US$757k), Taiwan (Republic of China) (US$299k), Italy (US$293k), and Austria (US$254k).
International Purchases
#permalink to sectionQuerétaro: US$111M, State with the Most International Purchases (2023)
China: US$165M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Molding Machines Rubber or Plastic Injection were Querétaro (US$111M), Nuevo León (US$109M), Jalisco (US$77.1M), Estado de México (US$47.8M), and San Luis Potosí (US$45.1M).
The countries with the most international sales to Mexico in 2023 were China (US$165M), Germany (US$134M), Austria (US$92.5M), Japan (US$78.4M), and United States (US$43.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Molding Machines Rubber or Plastic Injection and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Molding Machines Rubber or Plastic Injection. 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- 0.16%, Mexican share in global exports - 2022
- 8.34%, Mexican share in global imports - 2022
The visualizations show the global market for Molding Machines Rubber or Plastic Injection. 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 Molding Machines Rubber or Plastic Injection were China (US$1.79B), Japan (US$1.18B), and Germany (US$918M). In the same year, the main importing countries for Molding Machines Rubber or Plastic Injection were United States (US$1.05B), China (US$598M), and Mexico (US$552M).