Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C
Código 871496 (Harmonized System 2012 by 6 digits)
2023: US$8.1M, Total Trade Exchange
2023: US$935k, International Sales
2023: US$7.16M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C was US$8.1M.
In 2023, the states with the most international sales in Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Baja California (US$119k) and Ciudad de México (US$282).
The states with the most international purchases in 2023 were Ciudad de México (US$2.15M), Jalisco (US$1.42M), San Luis Potosí (US$1.17M), Querétaro (US$722k), and Estado de México (US$491k).
In 2023, the main commercial destinations of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were United States (US$119k), Chile (US$244), Nicaragua (US$24), and Cuba (US$14).
The main commercial origins of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C in 2023 were China (US$4.5M), Malaysia (US$838k), Taiwan (Republic of China) (US$596k), Japan (US$236k), and India (US$160k).
In the global context, the main exporting countries of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C in 2022 were Taiwan (Republic of China) (US$410M), Malaysia (US$276M), and China (US$274M). In the same year, the main importing countries of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Germany (US$262M), Singapore (US$161M), and United States (US$129M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$8.1M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C in Mexico (including international purchases and sales) was US$8.1M.
The visualizations show the net balance of Pedals and Pedal Mechanisms, and Parts Thereof, 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 sectionJuly, 2024
- US$784k, International Purchases
- US$332k, International Sales
In July 2024, international sales of Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were US$332k, while international purchases reached US$784k. The above results in a trade balance of -US$451k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$119k, State with the Most International Sales (2023)
United States: US$119k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Baja California (US$119k) and Ciudad de México (US$282).
In 2023, the countries with the most international purchases from Mexico were United States (US$119k), Chile (US$244), Nicaragua (US$24), and Cuba (US$14).
International Purchases
#permalink to sectionCiudad de México: US$2.15M, State with the Most International Purchases (2023)
China: US$4.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Ciudad de México (US$2.15M), Jalisco (US$1.42M), San Luis Potosí (US$1.17M), Querétaro (US$722k), and Estado de México (US$491k).
The countries with the most international sales to Mexico in 2023 were China (US$4.5M), Malaysia (US$838k), Taiwan (Republic of China) (US$596k), Japan (US$236k), and India (US$160k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pedals and Pedal Mechanisms, and Parts Thereof, 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- 0.0027%, Mexican share in global exports - 2022
- 0.61%, Mexican share in global imports - 2022
The visualizations show the global market for Pedals and Pedal Mechanisms, and Parts Thereof, 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 Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Taiwan (Republic of China) (US$410M), Malaysia (US$276M), and China (US$274M). In the same year, the main importing countries for Pedals and Pedal Mechanisms, and Parts Thereof, N.E.C were Germany (US$262M), Singapore (US$161M), and United States (US$129M).