Mortise Useful, Stamping or Punching, Interchangeable
Código 820730 (Harmonized System 2012 by 6 digits)
2023: US$1.09B, Total Trade Exchange
2023: US$42.3M, International Sales
2023: US$1.05B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Mortise Useful, Stamping or Punching, Interchangeable was US$1.09B.
In 2023, the states with the most international sales in Mortise Useful, Stamping or Punching, Interchangeable were Nuevo León (US$8.09M), Puebla (US$7.07M), Querétaro (US$5.42M), Coahuila de Zaragoza (US$5.1M), and Chihuahua (US$4.98M).
The states with the most international purchases in 2023 were Nuevo León (US$168M), Guanajuato (US$149M), Coahuila de Zaragoza (US$126M), Querétaro (US$109M), and Puebla (US$107M).
In 2023, the main commercial destinations of Mortise Useful, Stamping or Punching, Interchangeable were United States (US$36.3M), Canada (US$1.17M), Argentina (US$1.04M), Brazil (US$853k), and China (US$556k).
The main commercial origins of Mortise Useful, Stamping or Punching, Interchangeable in 2023 were China (US$274M), United States (US$252M), South Korea (US$172M), Japan (US$166M), and Canada (US$56.9M).
In the global context, the main exporting countries of Mortise Useful, Stamping or Punching, Interchangeable in 2022 were China (US$1.31B), South Korea (US$806M), and Germany (US$754M). In the same year, the main importing countries of Mortise Useful, Stamping or Punching, Interchangeable were United States (US$1.11B), Mexico (US$659M), and Germany (US$626M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.09B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Mortise Useful, Stamping or Punching, Interchangeable in Mexico (including international purchases and sales) was US$1.09B.
The visualizations show the net balance of Mortise Useful, Stamping or Punching, Interchangeable 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 sectionJuly, 2024
- US$59.5M, International Purchases
- US$5.7M, International Sales
In July 2024, international sales of Mortise Useful, Stamping or Punching, Interchangeable were US$5.7M, while international purchases reached US$59.5M. The above results in a trade balance of -US$53.8M.
Market Concentration
#permalink to section2024-Q3: US$5.55M, International Sales
The visualization shows the quarterly concentration of international sales of Mortise Useful, Stamping or Punching, Interchangeable at state level.
In the third quarter of 2024, international sales were US$5.55M, being the states with the most sales Baja California (US$1.44M), San Luis Potosí (US$1.38M), and Nuevo León (US$805k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$8.09M, State with the Most International Sales (2023)
United States: US$36.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Mortise Useful, Stamping or Punching, Interchangeable were Nuevo León (US$8.09M), Puebla (US$7.07M), Querétaro (US$5.42M), Coahuila de Zaragoza (US$5.1M), and Chihuahua (US$4.98M).
In 2023, the countries with the most international purchases from Mexico were United States (US$36.3M), Canada (US$1.17M), Argentina (US$1.04M), Brazil (US$853k), and China (US$556k).
International Purchases
#permalink to sectionNuevo León: US$168M, State with the Most International Purchases (2023)
China: US$274M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Mortise Useful, Stamping or Punching, Interchangeable were Nuevo León (US$168M), Guanajuato (US$149M), Coahuila de Zaragoza (US$126M), Querétaro (US$109M), and Puebla (US$107M).
The countries with the most international sales to Mexico in 2023 were China (US$274M), United States (US$252M), South Korea (US$172M), Japan (US$166M), and Canada (US$56.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Mortise Useful, Stamping or Punching, Interchangeable and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Mortise Useful, Stamping or Punching, Interchangeable. 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- 0.67%, Mexican share in global exports - 2022
- 11%, Mexican share in global imports - 2022
The visualizations show the global market for Mortise Useful, Stamping or Punching, Interchangeable. 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 Mortise Useful, Stamping or Punching, Interchangeable were China (US$1.31B), South Korea (US$806M), and Germany (US$754M). In the same year, the main importing countries for Mortise Useful, Stamping or Punching, Interchangeable were United States (US$1.11B), Mexico (US$659M), and Germany (US$626M).