ProceduresGovernment

Piston Engines, Rotary Engines or Reciprocating Engines

Código 8407 (Harmonized System 2012 by 4 digits)

 2023: US$8.66B, Total Trade Exchange

2023: US$4.47B, International Sales

  2023: US$4.19B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Piston Engines, Rotary Engines or Reciprocating Engines was US$8.66B.

In 2023, the states with the most international sales in Piston Engines, Rotary Engines or Reciprocating Engines were Ciudad de México (US$3.34B), Nuevo León (US$363M), Estado de México (US$335M), Puebla (US$233M), and Baja California (US$106M).

The states with the most international purchases in 2023 were Ciudad de México (US$1.67B), Baja California (US$601M), Guanajuato (US$383M), San Luis Potosí (US$378M), and Aguascalientes (US$258M).

In 2023, the main commercial destinations of Piston Engines, Rotary Engines or Reciprocating Engines were United States (US$2.42B), Canada (US$1.1B), South Korea (US$765M), Spain (US$50.6M), and Brazil (US$20.1M).

The main commercial origins of Piston Engines, Rotary Engines or Reciprocating Engines in 2023 were United States (US$2.41B), Austria (US$436M), China (US$299M), Germany (US$183M), and Spain (US$182M).

In the global context, the main exporting countries of Piston Engines, Rotary Engines or Reciprocating Engines in 2022 were United States (US$7.09B), Japan (US$5.32B), and Germany (US$5.18B). In the same year, the main importing countries of Piston Engines, Rotary Engines or Reciprocating Engines were United States (US$12.5B), Canada (US$4.55B), and Germany (US$3.67B).

Trade Balance of Mexico

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Net Trade Balance

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US$8.66B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Piston Engines, Rotary Engines or Reciprocating Engines in Mexico (including international purchases and sales) was US$8.66B.

The visualizations show the net balance of Piston Engines, Rotary Engines or Reciprocating Engines 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$409M, International Purchases
  • US$454M, International Sales

In July 2024, international sales of Piston Engines, Rotary Engines or Reciprocating Engines were US$454M, while international purchases reached US$409M. The above results in a trade balance of US$44.9M.

Market Concentration

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2024-Q3: US$430M, International Sales

The visualization shows the quarterly concentration of international sales of Piston Engines, Rotary Engines or Reciprocating Engines at state level.

In the third quarter of 2024, international sales were US$430M, being the states with the most sales Ciudad de México (US$297M), Puebla (US$67.1M), and Nuevo León (US$34.5M).

Exchange by Territory

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International Sales

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Ciudad de México: US$3.34B, State with the Most International Sales (2023)

United States: US$2.42B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Piston Engines, Rotary Engines or Reciprocating Engines were Ciudad de México (US$3.34B), Nuevo León (US$363M), Estado de México (US$335M), Puebla (US$233M), and Baja California (US$106M).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.42B), Canada (US$1.1B), South Korea (US$765M), Spain (US$50.6M), and Brazil (US$20.1M).

International Purchases

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Ciudad de México: US$1.67B, State with the Most International Purchases (2023)

United States: US$2.41B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Piston Engines, Rotary Engines or Reciprocating Engines were Ciudad de México (US$1.67B), Baja California (US$601M), Guanajuato (US$383M), San Luis Potosí (US$378M), and Aguascalientes (US$258M).

The countries with the most international sales to Mexico in 2023 were United States (US$2.41B), Austria (US$436M), China (US$299M), Germany (US$183M), and Spain (US$182M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Piston Engines, Rotary Engines or Reciprocating Engines  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Piston Engines, Rotary Engines or Reciprocating Engines. 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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  • 9.42%, Mexican share in global exports - 2022
  • 7.27%, Mexican share in global imports - 2022

The visualizations show the global market for Piston Engines, Rotary Engines or Reciprocating Engines. 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 Piston Engines, Rotary Engines or Reciprocating Engines were United States (US$7.09B), Japan (US$5.32B), and Germany (US$5.18B). In the same year, the main importing countries for Piston Engines, Rotary Engines or Reciprocating Engines were United States (US$12.5B), Canada (US$4.55B), and Germany (US$3.67B).