ProceduresGovernment

Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion

Código 840721 (Harmonized System 2012 by 6 digits)

 2023: US$73.1M, Total Trade Exchange

2023: US$284k, International Sales

  2023: US$72.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion was US$73.1M.

In 2016, the states with the most international sales in Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were Yucatán (US$161k).

The states with the most international purchases in 2023 were Tamaulipas (US$28.8M), Ciudad de México (US$23.1M), Jalisco (US$2.56M), Sonora (US$2.41M), and Quintana Roo (US$1.32M).

In 2016, the main commercial destinations of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were Cuba (US$153k) and United States (US$7.73k).

The main commercial origins of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion in 2023 were United States (US$30.7M), Japan (US$27M), China (US$2.45M), and Thailand (US$320k).

In the global context, the main exporting countries of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion in 2022 were Japan (US$2.92B), United States (US$654M), and China (US$320M). In the same year, the main importing countries of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were United States (US$1.64B), Canada (US$287M), and Belgium (US$275M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$73.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion in Mexico (including international purchases and sales) was US$73.1M.

The visualizations show the net balance of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion 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 section

July, 2024: US$5.28M, International Purchases

In July 2024, international sales of Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were US$0, while international purchases reached US$5.28M. The above results in a trade balance of -US$5.28M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Yucatán: US$161k, State with the Most International Sales (2016)

Cuba: US$153k, Main commercial destination (2016)

In 2016, the states with the highest international sales in Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were Yucatán (US$161k).

In 2016, the countries with the most international purchases from Mexico were Cuba (US$153k) and United States (US$7.73k).

International Purchases

#permalink to section

Tamaulipas: US$28.8M, State with the Most International Purchases (2023)

United States: US$30.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were Tamaulipas (US$28.8M), Ciudad de México (US$23.1M), Jalisco (US$2.56M), Sonora (US$2.41M), and Quintana Roo (US$1.32M).

The countries with the most international sales to Mexico in 2023 were United States (US$30.7M), Japan (US$27M), China (US$2.45M), and Thailand (US$320k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion. 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

#permalink to section

  • 0.013%, Mexican share in global exports - 2022
  • 1.67%, Mexican share in global imports - 2022

The visualizations show the global market for Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion. 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 Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were Japan (US$2.92B), United States (US$654M), and China (US$320M). In the same year, the main importing countries for Outboard Motors, Spark Ignition "Combustion Engines" for Marine Propulsion were United States (US$1.64B), Canada (US$287M), and Belgium (US$275M).