Power Units Industrial Sewing Machine
Código 845221 (Harmonized System 2012 by 6 digits)
2023: US$61.9M, Total Trade Exchange
2023: US$5.94M, International Sales
2023: US$56M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Power Units Industrial Sewing Machine was US$61.9M.
In 2023, the states with the most international sales in Power Units Industrial Sewing Machine were Guanajuato (US$2M), Baja California (US$1.23M), Chihuahua (US$898k), Estado de México (US$763k), and Coahuila de Zaragoza (US$385k).
The states with the most international purchases in 2023 were Ciudad de México (US$8.49M), Coahuila de Zaragoza (US$7.31M), Estado de México (US$6.87M), Chihuahua (US$6.23M), and Guanajuato (US$5.18M).
In 2023, the main commercial destinations of Power Units Industrial Sewing Machine were United States (US$4.47M), Tunisia (US$633k), Germany (US$274k), Vietnam (US$64.2k), and Colombia (US$17.7k).
The main commercial origins of Power Units Industrial Sewing Machine in 2023 were China (US$23.3M), Japan (US$16.9M), Germany (US$5.3M), United States (US$2.82M), and Vietnam (US$2.05M).
In the global context, the main exporting countries of Power Units Industrial Sewing Machine in 2022 were China (US$685M), Japan (US$88.2M), and Germany (US$51.3M). In the same year, the main importing countries of Power Units Industrial Sewing Machine were Bangladesh (US$102M), Vietnam (US$90.6M), and United States (US$90.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$61.9M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Power Units Industrial Sewing Machine in Mexico (including international purchases and sales) was US$61.9M.
The visualizations show the net balance of Power Units Industrial Sewing Machine 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$3.44M, International Purchases
- US$112k, International Sales
In November 2024, international sales of Power Units Industrial Sewing Machine were US$112k, while international purchases reached US$3.44M. The above results in a trade balance of -US$3.33M.
Market Concentration
#permalink to section2024-Q4: US$24k, International Sales
The visualization shows the quarterly concentration of international sales of Power Units Industrial Sewing Machine at state level.
In the fourth quarter of 2024, international sales were US$24k, being the states with the most sales Coahuila de Zaragoza (US$24k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$2M, State with the Most International Sales (2023)
United States: US$4.47M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Power Units Industrial Sewing Machine were Guanajuato (US$2M), Baja California (US$1.23M), Chihuahua (US$898k), Estado de México (US$763k), and Coahuila de Zaragoza (US$385k).
In 2023, the countries with the most international purchases from Mexico were United States (US$4.47M), Tunisia (US$633k), Germany (US$274k), Vietnam (US$64.2k), and Colombia (US$17.7k).
International Purchases
#permalink to sectionCiudad de México: US$8.49M, State with the Most International Purchases (2023)
China: US$23.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Power Units Industrial Sewing Machine were Ciudad de México (US$8.49M), Coahuila de Zaragoza (US$7.31M), Estado de México (US$6.87M), Chihuahua (US$6.23M), and Guanajuato (US$5.18M).
The countries with the most international sales to Mexico in 2023 were China (US$23.3M), Japan (US$16.9M), Germany (US$5.3M), United States (US$2.82M), and Vietnam (US$2.05M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Power Units Industrial Sewing Machine and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Power Units Industrial Sewing Machine. 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- 0.026%, Mexican share in global exports - 2022
- 5.66%, Mexican share in global imports - 2022
The visualizations show the global market for Power Units Industrial Sewing Machine. 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 Power Units Industrial Sewing Machine were China (US$685M), Japan (US$88.2M), and Germany (US$51.3M). In the same year, the main importing countries for Power Units Industrial Sewing Machine were Bangladesh (US$102M), Vietnam (US$90.6M), and United States (US$90.5M).