ProceduresGovernment

No Hydraulic Jacks

Código 842549 (Harmonized System 2012 by 6 digits)

 2023: US$52.3M, Total Trade Exchange

2023: US$16.1M, International Sales

  2023: US$36.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of No Hydraulic Jacks was US$52.3M.

In 2023, the states with the most international sales in No Hydraulic Jacks were Tamaulipas (US$10.5M), Chihuahua (US$2.37M), Querétaro (US$1.9M), Ciudad de México (US$833k), and Estado de México (US$148k).

The states with the most international purchases in 2023 were Ciudad de México (US$13.1M), Estado de México (US$4.97M), Nuevo León (US$3.84M), Guanajuato (US$3.2M), and Querétaro (US$2.82M).

In 2023, the main commercial destinations of No Hydraulic Jacks were United States (US$15.2M), Japan (US$385k), Germany (US$79.4k), Honduras (US$35.3k), and China (US$29.8k).

The main commercial origins of No Hydraulic Jacks in 2023 were China (US$10.7M), United States (US$9.65M), Canada (US$9.05M), Japan (US$2.07M), and Italy (US$1.78M).

In the global context, the main exporting countries of No Hydraulic Jacks in 2022 were China (US$458M), Germany (US$123M), and Canada (US$104M). In the same year, the main importing countries of No Hydraulic Jacks were United States (US$411M), Germany (US$65.6M), and Canada (US$57.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$52.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of No Hydraulic Jacks in Mexico (including international purchases and sales) was US$52.3M.

The visualizations show the net balance of No Hydraulic Jacks 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$3.01M, International Purchases
  • US$1.43M, International Sales

In July 2024, international sales of No Hydraulic Jacks were US$1.43M, while international purchases reached US$3.01M. The above results in a trade balance of -US$1.58M.

Market Concentration

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2024-Q3: US$275k, International Sales

The visualization shows the quarterly concentration of international sales of No Hydraulic Jacks at state level.

In the third quarter of 2024, international sales were US$275k, being the states with the most sales Chihuahua (US$186k) and Ciudad de México (US$89.8k).

Exchange by Territory

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International Sales

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Tamaulipas: US$10.5M, State with the Most International Sales (2023)

United States: US$15.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in No Hydraulic Jacks were Tamaulipas (US$10.5M), Chihuahua (US$2.37M), Querétaro (US$1.9M), Ciudad de México (US$833k), and Estado de México (US$148k).

In 2023, the countries with the most international purchases from Mexico were United States (US$15.2M), Japan (US$385k), Germany (US$79.4k), Honduras (US$35.3k), and China (US$29.8k).

International Purchases

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Ciudad de México: US$13.1M, State with the Most International Purchases (2023)

China: US$10.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in No Hydraulic Jacks were Ciudad de México (US$13.1M), Estado de México (US$4.97M), Nuevo León (US$3.84M), Guanajuato (US$3.2M), and Querétaro (US$2.82M).

The countries with the most international sales to Mexico in 2023 were China (US$10.7M), United States (US$9.65M), Canada (US$9.05M), Japan (US$2.07M), and Italy (US$1.78M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in No Hydraulic Jacks  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in No Hydraulic Jacks. 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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  • 2.22%, Mexican share in global exports - 2022
  • 3.34%, Mexican share in global imports - 2022

The visualizations show the global market for No Hydraulic Jacks. 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 No Hydraulic Jacks were China (US$458M), Germany (US$123M), and Canada (US$104M). In the same year, the main importing countries for No Hydraulic Jacks were United States (US$411M), Germany (US$65.6M), and Canada (US$57.8M).