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Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C

Código 846799 (Harmonized System 2012 by 6 digits)

 2023: US$285M, Total Trade Exchange

2023: US$46.2M, International Sales

  2023: US$239M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C was US$285M.

In 2023, the states with the most international sales in Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were Tamaulipas (US$19.7M), Ciudad de México (US$13.4M), Sonora (US$6.8M), Chihuahua (US$2.2M), and Nuevo León (US$1.38M).

The states with the most international purchases in 2023 were Ciudad de México (US$86.8M), Tamaulipas (US$76.4M), Chihuahua (US$42.1M), Sonora (US$9.11M), and Nuevo León (US$7.42M).

In 2023, the main commercial destinations of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were United States (US$43.2M), Czech Republic (US$934k), Netherlands (US$275k), China (US$172k), and Guatemala (US$83.8k).

The main commercial origins of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C in 2023 were China (US$181M), United States (US$32M), Taiwan (Republic of China) (US$8.49M), India (US$6.13M), and Germany (US$3.19M).

In the global context, the main exporting countries of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C in 2022 were China (US$1.15B), Germany (US$215M), and United States (US$189M). In the same year, the main importing countries of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were United States (US$359M), Mexico (US$242M), and Germany (US$189M).

Trade Balance of Mexico

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Net Trade Balance

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US$285M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C in Mexico (including international purchases and sales) was US$285M.

The visualizations show the net balance of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, 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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November, 2024

  • US$26.3M, International Purchases
  • US$6.88M, International Sales

In November 2024, international sales of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were US$6.88M, while international purchases reached US$26.3M. The above results in a trade balance of -US$19.5M.

Market Concentration

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2024-Q4: US$7.45M, International Sales

The visualization shows the quarterly concentration of international sales of Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C at state level.

In the fourth quarter of 2024, international sales were US$7.45M, being the states with the most sales Nuevo León (US$3.72M), Ciudad de México (US$1.93M), and Sonora (US$1.19M).

Exchange by Territory

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International Sales

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Tamaulipas: US$19.7M, State with the Most International Sales (2023)

United States: US$43.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were Tamaulipas (US$19.7M), Ciudad de México (US$13.4M), Sonora (US$6.8M), Chihuahua (US$2.2M), and Nuevo León (US$1.38M).

In 2023, the countries with the most international purchases from Mexico were United States (US$43.2M), Czech Republic (US$934k), Netherlands (US$275k), China (US$172k), and Guatemala (US$83.8k).

International Purchases

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Ciudad de México: US$86.8M, State with the Most International Purchases (2023)

China: US$181M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were Ciudad de México (US$86.8M), Tamaulipas (US$76.4M), Chihuahua (US$42.1M), Sonora (US$9.11M), and Nuevo León (US$7.42M).

The countries with the most international sales to Mexico in 2023 were China (US$181M), United States (US$32M), Taiwan (Republic of China) (US$8.49M), India (US$6.13M), and Germany (US$3.19M).

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 of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, 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 of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, 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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  • 1.73%, Mexican share in global exports - 2022
  • 8.91%, Mexican share in global imports - 2022

The visualizations show the global market for Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, 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 of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were China (US$1.15B), Germany (US$215M), and United States (US$189M). In the same year, the main importing countries for Parts of Hydraulic Tools or with Motor Incorporated, Incl. Electric or Manual Use, N.E.C were United States (US$359M), Mexico (US$242M), and Germany (US$189M).