New Pneumatic Tyres, of a Kind Used on Motor Cars
Código 401110 (Harmonized System 2012 by 6 digits)
2023: US$3.53B, Total Trade Exchange
2023: US$1.9B, International Sales
2023: US$1.63B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of New Pneumatic Tyres, of a Kind Used on Motor Cars was US$3.53B.
In 2023, the main commercial destinations of New Pneumatic Tyres, of a Kind Used on Motor Cars were United States (US$1.67B), Canada (US$55.2M), South Korea (US$27.2M), Brazil (US$19.8M), and Germany (US$13.4M).
The main commercial origins of New Pneumatic Tyres, of a Kind Used on Motor Cars in 2023 were United States (US$440M), China (US$409M), South Korea (US$141M), Brazil (US$97.1M), and Canada (US$80M).
In the global context, the main exporting countries of New Pneumatic Tyres, of a Kind Used on Motor Cars in 2022 were China (US$7.74B), Germany (US$3.92B), and Thailand (US$3B). In the same year, the main importing countries of New Pneumatic Tyres, of a Kind Used on Motor Cars were United States (US$10.3B), Germany (US$4.5B), and France (US$2.61B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.53B, Total Trade Exchange (2023)
In 2023, the total trade exchange of New Pneumatic Tyres, of a Kind Used on Motor Cars in Mexico (including international purchases and sales) was US$3.53B.
The visualizations show the net balance of New Pneumatic Tyres, of a Kind Used on Motor Cars 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$141M, International Purchases
- US$180M, International Sales
In July 2024, international sales of New Pneumatic Tyres, of a Kind Used on Motor Cars were US$180M, while international purchases reached US$141M. The above results in a trade balance of US$38.7M.
Market Concentration
#permalink to section2024-Q3: US$114M, International Sales
The visualization shows the quarterly concentration of international sales of New Pneumatic Tyres, of a Kind Used on Motor Cars at state level.
In the third quarter of 2024, international sales were US$114M, being the states with the most sales Guanajuato (US$46.9M), San Luis Potosí (US$34.9M), and Ciudad de México (US$18.1M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionUnited States: US$1.67B, Main commercial destination (2023)
In 2023, the countries with the most international purchases from Mexico were United States (US$1.67B), Canada (US$55.2M), South Korea (US$27.2M), Brazil (US$19.8M), and Germany (US$13.4M).
International Purchases
#permalink to sectionUnited States: US$440M, Main Commercial Origin (2023)
The countries with the most international sales to Mexico in 2023 were United States (US$440M), China (US$409M), South Korea (US$141M), Brazil (US$97.1M), and Canada (US$80M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in New Pneumatic Tyres, of a Kind Used on Motor Cars and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in New Pneumatic Tyres, of a Kind Used on Motor Cars. 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- 3.68%, Mexican share in global exports - 2022
- 3.07%, Mexican share in global imports - 2022
The visualizations show the global market for New Pneumatic Tyres, of a Kind Used on Motor Cars. 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 New Pneumatic Tyres, of a Kind Used on Motor Cars were China (US$7.74B), Germany (US$3.92B), and Thailand (US$3B). In the same year, the main importing countries for New Pneumatic Tyres, of a Kind Used on Motor Cars were United States (US$10.3B), Germany (US$4.5B), and France (US$2.61B).