ProceduresGovernment

Parts and Accessories Cycles, N.E.C

Código 871499 (Harmonized System 2012 by 6 digits)

 2023: US$21.8M, Total Trade Exchange

2023: US$2.59M, International Sales

  2023: US$19.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts and Accessories Cycles, N.E.C was US$21.8M.

In 2023, the states with the most international sales in Parts and Accessories Cycles, N.E.C were Nuevo León (US$1.55M), Baja California (US$413k), Ciudad de México (US$19.5k), and Quintana Roo (US$177).

The states with the most international purchases in 2023 were Jalisco (US$5.33M), Ciudad de México (US$5.02M), San Luis Potosí (US$2.46M), Querétaro (US$1.11M), and Baja California (US$1.08M).

In 2023, the main commercial destinations of Parts and Accessories Cycles, N.E.C were United States (US$1.43M), Canada (US$535k), Brazil (US$9.84k), Guatemala (US$1.15k), and Nicaragua (US$996).

The main commercial origins of Parts and Accessories Cycles, N.E.C in 2023 were China (US$12.4M), Taiwan (Republic of China) (US$2.41M), United States (US$882k), Indonesia (US$748k), and India (US$730k).

In the global context, the main exporting countries of Parts and Accessories Cycles, N.E.C in 2022 were Taiwan (Republic of China) (US$2.3B), China (US$1.71B), and Japan (US$599M). In the same year, the main importing countries of Parts and Accessories Cycles, N.E.C were Germany (US$1.23B), Netherlands (US$480M), and United States (US$447M).

Trade Balance of Mexico

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Net Trade Balance

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US$21.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts and Accessories Cycles, N.E.C in Mexico (including international purchases and sales) was US$21.8M.

The visualizations show the net balance of Parts and Accessories Cycles, N.E.C 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$1.9M, International Purchases
  • US$210k, International Sales

In July 2024, international sales of Parts and Accessories Cycles, N.E.C were US$210k, while international purchases reached US$1.9M. The above results in a trade balance of -US$1.69M.

Market Concentration

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2024-Q3: US$5.78k, International Sales

The visualization shows the quarterly concentration of international sales of Parts and Accessories Cycles, N.E.C at state level.

In the third quarter of 2024, international sales were US$5.78k, being the states with the most sales Baja California (US$5.65k) and Ciudad de México (US$126).

Exchange by Territory

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International Sales

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Nuevo León: US$1.55M, State with the Most International Sales (2023)

United States: US$1.43M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts and Accessories Cycles, N.E.C were Nuevo León (US$1.55M), Baja California (US$413k), Ciudad de México (US$19.5k), and Quintana Roo (US$177).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.43M), Canada (US$535k), Brazil (US$9.84k), Guatemala (US$1.15k), and Nicaragua (US$996).

International Purchases

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Jalisco: US$5.33M, State with the Most International Purchases (2023)

China: US$12.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts and Accessories Cycles, N.E.C were Jalisco (US$5.33M), Ciudad de México (US$5.02M), San Luis Potosí (US$2.46M), Querétaro (US$1.11M), and Baja California (US$1.08M).

The countries with the most international sales to Mexico in 2023 were China (US$12.4M), Taiwan (Republic of China) (US$2.41M), United States (US$882k), Indonesia (US$748k), and India (US$730k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts and Accessories Cycles, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts and Accessories Cycles, N.E.C. 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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  • 0.018%, Mexican share in global exports - 2022
  • 0.48%, Mexican share in global imports - 2022

The visualizations show the global market for Parts and Accessories Cycles, N.E.C. 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 Parts and Accessories Cycles, N.E.C were Taiwan (Republic of China) (US$2.3B), China (US$1.71B), and Japan (US$599M). In the same year, the main importing countries for Parts and Accessories Cycles, N.E.C were Germany (US$1.23B), Netherlands (US$480M), and United States (US$447M).