Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705)
Código 870490 (Harmonized System 2012 by 6 digits)
In 2022, the states with the most international sales in Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were Ciudad de México (US$15.3M).
The states with the most international purchases in 2023 were Chihuahua (US$4.39M) and Baja California (US$541k).
In 2022, the main commercial destinations of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were United States (US$15.2M) and China (US$73.1k).
The main commercial origins of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) in 2023 were United States (US$4.55M), Canada (US$367k), and Japan (US$9.6k).
In the global context, the main exporting countries of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) in 2022 were France (US$1.05B), China (US$783M), and Spain (US$622M). In the same year, the main importing countries of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were United Kingdom (US$685M), Belgium (US$395M), and Germany (US$386M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) 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$424k, International Purchases
In July 2024, international sales of Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were US$0, while international purchases reached US$424k. The above results in a trade balance of -US$424k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$15.3M, State with the Most International Sales (2022)
United States: US$15.2M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were Ciudad de México (US$15.3M).
In 2022, the countries with the most international purchases from Mexico were United States (US$15.2M) and China (US$73.1k).
International Purchases
#permalink to sectionChihuahua: US$4.39M, State with the Most International Purchases (2023)
United States: US$4.55M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were Chihuahua (US$4.39M) and Baja California (US$541k).
The countries with the most international sales to Mexico in 2023 were United States (US$4.55M), Canada (US$367k), and Japan (US$9.6k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705). 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- N/A%, Mexican share in global exports - 2022
- N/A%, Mexican share in global imports - 2022
The visualizations show the global market for Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705). 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 Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were France (US$1.05B), China (US$783M), and Spain (US$622M). In the same year, the main importing countries for Motor Vehicles for the Transport of Goods, Motor Non-Plunger "Piston" Alternative (Exc. Tippers Automotores Subheading 8704.10 and the Special Purpose Motor Vehicles of Heading 8705) were United Kingdom (US$685M), Belgium (US$395M), and Germany (US$386M).