Pneumatic, Hydraulic or with Motor Manual Tools
Código 8467 (Harmonized System 2012 by 4 digits)
2023: US$2.23B, Total Trade Exchange
2023: US$1.45B, International Sales
2023: US$781M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pneumatic, Hydraulic or with Motor Manual Tools was US$2.23B.
In 2023, the states with the most international sales in Pneumatic, Hydraulic or with Motor Manual Tools were Tamaulipas (US$538M), Nuevo León (US$362M), Ciudad de México (US$311M), Sonora (US$109M), and Baja California (US$98.9M).
The states with the most international purchases in 2023 were Ciudad de México (US$201M), Estado de México (US$181M), Tamaulipas (US$96.2M), Puebla (US$71.7M), and Chihuahua (US$58.5M).
In 2023, the main commercial destinations of Pneumatic, Hydraulic or with Motor Manual Tools were United States (US$1.31B), Canada (US$72.3M), Belgium (US$13.9M), Netherlands (US$10.3M), and Guatemala (US$5.95M).
The main commercial origins of Pneumatic, Hydraulic or with Motor Manual Tools in 2023 were China (US$440M), United States (US$112M), Germany (US$32.2M), Brazil (US$30M), and Sweden (US$29M).
In the global context, the main exporting countries of Pneumatic, Hydraulic or with Motor Manual Tools in 2022 were China (US$15.6B), Germany (US$3.65B), and Vietnam (US$1.7B). In the same year, the main importing countries of Pneumatic, Hydraulic or with Motor Manual Tools were United States (US$8.32B), Germany (US$3.13B), and France (US$1.8B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.23B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pneumatic, Hydraulic or with Motor Manual Tools in Mexico (including international purchases and sales) was US$2.23B.
The visualizations show the net balance of Pneumatic, Hydraulic or with Motor Manual Tools 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$85.3M, International Purchases
- US$157M, International Sales
In July 2024, international sales of Pneumatic, Hydraulic or with Motor Manual Tools were US$157M, while international purchases reached US$85.3M. The above results in a trade balance of US$71.4M.
Market Concentration
#permalink to section2024-Q3: US$156M, International Sales
The visualization shows the quarterly concentration of international sales of Pneumatic, Hydraulic or with Motor Manual Tools at state level.
In the third quarter of 2024, international sales were US$156M, being the states with the most sales Ciudad de México (US$51.8M), Tamaulipas (US$46.9M), and Nuevo León (US$33.7M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$538M, State with the Most International Sales (2023)
United States: US$1.31B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pneumatic, Hydraulic or with Motor Manual Tools were Tamaulipas (US$538M), Nuevo León (US$362M), Ciudad de México (US$311M), Sonora (US$109M), and Baja California (US$98.9M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.31B), Canada (US$72.3M), Belgium (US$13.9M), Netherlands (US$10.3M), and Guatemala (US$5.95M).
International Purchases
#permalink to sectionCiudad de México: US$201M, State with the Most International Purchases (2023)
China: US$440M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pneumatic, Hydraulic or with Motor Manual Tools were Ciudad de México (US$201M), Estado de México (US$181M), Tamaulipas (US$96.2M), Puebla (US$71.7M), and Chihuahua (US$58.5M).
The countries with the most international sales to Mexico in 2023 were China (US$440M), United States (US$112M), Germany (US$32.2M), Brazil (US$30M), and Sweden (US$29M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pneumatic, Hydraulic or with Motor Manual Tools and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pneumatic, Hydraulic or with Motor Manual Tools. 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- 4.33%, Mexican share in global exports - 2022
- 2.19%, Mexican share in global imports - 2022
The visualizations show the global market for Pneumatic, Hydraulic or with Motor Manual Tools. 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 Pneumatic, Hydraulic or with Motor Manual Tools were China (US$15.6B), Germany (US$3.65B), and Vietnam (US$1.7B). In the same year, the main importing countries for Pneumatic, Hydraulic or with Motor Manual Tools were United States (US$8.32B), Germany (US$3.13B), and France (US$1.8B).