Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C
Código 871690 (Harmonized System 2012 by 6 digits)
2023: US$1.33B, Total Trade Exchange
2023: US$235M, International Sales
2023: US$1.1B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C was US$1.33B.
In 2023, the states with the most international sales in Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were Nuevo León (US$83.2M), Chihuahua (US$66.2M), Coahuila de Zaragoza (US$37.5M), Baja California (US$9.86M), and Estado de México (US$8.3M).
The states with the most international purchases in 2023 were Baja California (US$519M), Nuevo León (US$245M), Querétaro (US$103M), Chihuahua (US$72.1M), and Puebla (US$44.3M).
In 2023, the main commercial destinations of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were United States (US$194M), Puerto Rico (US$13.5M), Canada (US$6.02M), Guatemala (US$1.48M), and Ecuador (US$1.14M).
The main commercial origins of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C in 2023 were United States (US$780M), China (US$233M), Canada (US$18.6M), Germany (US$13.2M), and India (US$11.5M).
In the global context, the main exporting countries of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C in 2022 were China (US$3.03B), Germany (US$2.3B), and United States (US$1.33B). In the same year, the main importing countries of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were Germany (US$1.88B), United States (US$1.73B), and Mexico (US$1.01B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.33B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C in Mexico (including international purchases and sales) was US$1.33B.
The visualizations show the net balance of Parts of Trailers and other Vehicles not Mechanically Propelled, 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
#permalink to sectionNovember, 2024
- US$56.8M, International Purchases
- US$19.2M, International Sales
In November 2024, international sales of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were US$19.2M, while international purchases reached US$56.8M. The above results in a trade balance of -US$37.6M.
Market Concentration
#permalink to section2024-Q4: US$32.7M, International Sales
The visualization shows the quarterly concentration of international sales of Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C at state level.
In the fourth quarter of 2024, international sales were US$32.7M, being the states with the most sales Nuevo León (US$10.2M), Chihuahua (US$8.77M), and Coahuila de Zaragoza (US$4.65M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$83.2M, State with the Most International Sales (2023)
United States: US$194M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were Nuevo León (US$83.2M), Chihuahua (US$66.2M), Coahuila de Zaragoza (US$37.5M), Baja California (US$9.86M), and Estado de México (US$8.3M).
In 2023, the countries with the most international purchases from Mexico were United States (US$194M), Puerto Rico (US$13.5M), Canada (US$6.02M), Guatemala (US$1.48M), and Ecuador (US$1.14M).
International Purchases
#permalink to sectionBaja California: US$519M, State with the Most International Purchases (2023)
United States: US$780M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were Baja California (US$519M), Nuevo León (US$245M), Querétaro (US$103M), Chihuahua (US$72.1M), and Puebla (US$44.3M).
The countries with the most international sales to Mexico in 2023 were United States (US$780M), China (US$233M), Canada (US$18.6M), Germany (US$13.2M), and India (US$11.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Trailers and other Vehicles not Mechanically Propelled, 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 Trailers and other Vehicles not Mechanically Propelled, 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.81%, Mexican share in global exports - 2022
- 8.08%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Trailers and other Vehicles not Mechanically Propelled, 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 Trailers and other Vehicles not Mechanically Propelled, N.E.C were China (US$3.03B), Germany (US$2.3B), and United States (US$1.33B). In the same year, the main importing countries for Parts of Trailers and other Vehicles not Mechanically Propelled, N.E.C were Germany (US$1.88B), United States (US$1.73B), and Mexico (US$1.01B).