ProceduresGovernment

Parts of Turbojet and Turboprop Engine

Código 841191 (Harmonized System 2012 by 6 digits)

 2023: US$2.02B, Total Trade Exchange

2023: US$1.14B, International Sales

  2023: US$879M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts of Turbojet and Turboprop Engine was US$2.02B.

In 2023, the states with the most international sales in Parts of Turbojet and Turboprop Engine were Nuevo León (US$678M), Sonora (US$185M), Baja California (US$143M), Querétaro (US$127M), and Ciudad de México (US$3.15M).

The states with the most international purchases in 2023 were Nuevo León (US$679M), Baja California (US$40.1M), Ciudad de México (US$5.28M), Querétaro (US$2M), and Estado de México (US$158k).

In 2023, the main commercial destinations of Parts of Turbojet and Turboprop Engine were United States (US$1.04B), Spain (US$30.2M), United Kingdom (US$27.2M), Poland (US$16.6M), and France (US$13.1M).

The main commercial origins of Parts of Turbojet and Turboprop Engine in 2023 were United States (US$722M), France (US$3.13M), United Kingdom (US$375k), India (US$323k), and China (US$218k).

In the global context, the main exporting countries of Parts of Turbojet and Turboprop Engine in 2022 were United States (US$21.7B), United Kingdom (US$8.12B), and France (US$6.21B). In the same year, the main importing countries of Parts of Turbojet and Turboprop Engine were United States (US$13.3B), United Kingdom (US$6.98B), and France (US$5.94B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.02B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts of Turbojet and Turboprop Engine in Mexico (including international purchases and sales) was US$2.02B.

The visualizations show the net balance of Parts of Turbojet and Turboprop Engine 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$85.5M, International Purchases
  • US$104M, International Sales

In July 2024, international sales of Parts of Turbojet and Turboprop Engine were US$104M, while international purchases reached US$85.5M. The above results in a trade balance of US$18.8M.

Market Concentration

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2024-Q3: US$104M, International Sales

The visualization shows the quarterly concentration of international sales of Parts of Turbojet and Turboprop Engine at state level.

In the third quarter of 2024, international sales were US$104M, being the states with the most sales Nuevo León (US$67.8M), Sonora (US$17.4M), and Baja California (US$9.88M).

Exchange by Territory

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International Sales

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Nuevo León: US$678M, State with the Most International Sales (2023)

United States: US$1.04B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts of Turbojet and Turboprop Engine were Nuevo León (US$678M), Sonora (US$185M), Baja California (US$143M), Querétaro (US$127M), and Ciudad de México (US$3.15M).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.04B), Spain (US$30.2M), United Kingdom (US$27.2M), Poland (US$16.6M), and France (US$13.1M).

International Purchases

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Nuevo León: US$679M, State with the Most International Purchases (2023)

United States: US$722M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts of Turbojet and Turboprop Engine were Nuevo León (US$679M), Baja California (US$40.1M), Ciudad de México (US$5.28M), Querétaro (US$2M), and Estado de México (US$158k).

The countries with the most international sales to Mexico in 2023 were United States (US$722M), France (US$3.13M), United Kingdom (US$375k), India (US$323k), and China (US$218k).

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 Turbojet and Turboprop Engine  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts of Turbojet and Turboprop Engine. 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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  • 2.9%, Mexican share in global exports - 2022
  • 1.44%, Mexican share in global imports - 2022

The visualizations show the global market for Parts of Turbojet and Turboprop Engine. 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 Turbojet and Turboprop Engine were United States (US$21.7B), United Kingdom (US$8.12B), and France (US$6.21B). In the same year, the main importing countries for Parts of Turbojet and Turboprop Engine were United States (US$13.3B), United Kingdom (US$6.98B), and France (US$5.94B).