Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition)
Código 840999 (Harmonized System 2012 by 6 digits)
2023: US$3.05B, Total Trade Exchange
2023: US$1.68B, International Sales
2023: US$1.37B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) was US$3.05B.
In 2023, the states with the most international sales in Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were Coahuila de Zaragoza (US$724M), Chihuahua (US$341M), Puebla (US$207M), Nuevo León (US$113M), and Ciudad de México (US$93.5M).
The states with the most international purchases in 2023 were Estado de México (US$381M), Chihuahua (US$292M), Coahuila de Zaragoza (US$253M), Ciudad de México (US$121M), and Nuevo León (US$86.5M).
In 2023, the main commercial destinations of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were United States (US$1.5B), Netherlands (US$49.4M), France (US$19.7M), Argentina (US$18.4M), and Italy (US$15.9M).
The main commercial origins of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) in 2023 were United States (US$673M), Brazil (US$206M), Turkey (US$119M), China (US$83.2M), and Germany (US$59.1M).
In the global context, the main exporting countries of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) in 2022 were Germany (US$7.39B), China (US$3.5B), and United States (US$2.61B). In the same year, the main importing countries of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were United States (US$4.71B), Germany (US$3.46B), and United Kingdom (US$1.81B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.05B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) in Mexico (including international purchases and sales) was US$3.05B.
The visualizations show the net balance of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) 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$102M, International Purchases
- US$140M, International Sales
In July 2024, international sales of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were US$140M, while international purchases reached US$102M. The above results in a trade balance of US$38.3M.
Market Concentration
#permalink to section2024-Q3: US$136M, International Sales
The visualization shows the quarterly concentration of international sales of Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) at state level.
In the third quarter of 2024, international sales were US$136M, being the states with the most sales Coahuila de Zaragoza (US$62.7M), Chihuahua (US$31.5M), and Puebla (US$18.1M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$724M, State with the Most International Sales (2023)
United States: US$1.5B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were Coahuila de Zaragoza (US$724M), Chihuahua (US$341M), Puebla (US$207M), Nuevo León (US$113M), and Ciudad de México (US$93.5M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.5B), Netherlands (US$49.4M), France (US$19.7M), Argentina (US$18.4M), and Italy (US$15.9M).
International Purchases
#permalink to sectionEstado de México: US$381M, State with the Most International Purchases (2023)
United States: US$673M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were Estado de México (US$381M), Chihuahua (US$292M), Coahuila de Zaragoza (US$253M), Ciudad de México (US$121M), and Nuevo León (US$86.5M).
The countries with the most international sales to Mexico in 2023 were United States (US$673M), Brazil (US$206M), Turkey (US$119M), China (US$83.2M), and Germany (US$59.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition). 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- 3.81%, Mexican share in global exports - 2022
- 3.19%, Mexican share in global imports - 2022
The visualizations show the global market for Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition). 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 for Internal Combustion Piston Engines (Excluding Spark-Ignition) were Germany (US$7.39B), China (US$3.5B), and United States (US$2.61B). In the same year, the main importing countries for Parts for Internal Combustion Piston Engines (Excluding Spark-Ignition) were United States (US$4.71B), Germany (US$3.46B), and United Kingdom (US$1.81B).