Pressure Reducing Valves
Código 848110 (Harmonized System 2012 by 6 digits)
2023: US$343M, Total Trade Exchange
2023: US$213M, International Sales
2023: US$130M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pressure Reducing Valves was US$343M.
In 2023, the states with the most international sales in Pressure Reducing Valves were Tamaulipas (US$65.3M), Jalisco (US$44.3M), San Luis Potosí (US$28.5M), Coahuila de Zaragoza (US$17M), and Sonora (US$15.8M).
The states with the most international purchases in 2023 were Jalisco (US$36.9M), Ciudad de México (US$20.7M), Nuevo León (US$15.1M), Estado de México (US$12M), and Guanajuato (US$6.44M).
In 2023, the main commercial destinations of Pressure Reducing Valves were United States (US$207M), Canada (US$1.78M), Guatemala (US$680k), Colombia (US$560k), and Peru (US$384k).
The main commercial origins of Pressure Reducing Valves in 2023 were United States (US$51.8M), Germany (US$39.2M), China (US$6.33M), Italy (US$4.65M), and Hungary (US$3.92M).
In the global context, the main exporting countries of Pressure Reducing Valves in 2022 were China (US$554M), Germany (US$475M), and United States (US$439M). In the same year, the main importing countries of Pressure Reducing Valves were United States (US$562M), China (US$324M), and Germany (US$283M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$343M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pressure Reducing Valves in Mexico (including international purchases and sales) was US$343M.
The visualizations show the net balance of Pressure Reducing Valves 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$11.5M, International Purchases
- US$22.3M, International Sales
In July 2024, international sales of Pressure Reducing Valves were US$22.3M, while international purchases reached US$11.5M. The above results in a trade balance of US$10.8M.
Market Concentration
#permalink to section2024-Q3: US$20.1M, International Sales
The visualization shows the quarterly concentration of international sales of Pressure Reducing Valves at state level.
In the third quarter of 2024, international sales were US$20.1M, being the states with the most sales Tamaulipas (US$8.83M), Jalisco (US$3.46M), and Coahuila de Zaragoza (US$1.56M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$65.3M, State with the Most International Sales (2023)
United States: US$207M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pressure Reducing Valves were Tamaulipas (US$65.3M), Jalisco (US$44.3M), San Luis Potosí (US$28.5M), Coahuila de Zaragoza (US$17M), and Sonora (US$15.8M).
In 2023, the countries with the most international purchases from Mexico were United States (US$207M), Canada (US$1.78M), Guatemala (US$680k), Colombia (US$560k), and Peru (US$384k).
International Purchases
#permalink to sectionJalisco: US$36.9M, State with the Most International Purchases (2023)
United States: US$51.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pressure Reducing Valves were Jalisco (US$36.9M), Ciudad de México (US$20.7M), Nuevo León (US$15.1M), Estado de México (US$12M), and Guanajuato (US$6.44M).
The countries with the most international sales to Mexico in 2023 were United States (US$51.8M), Germany (US$39.2M), China (US$6.33M), Italy (US$4.65M), and Hungary (US$3.92M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pressure Reducing Valves and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pressure Reducing Valves. 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- 6.45%, Mexican share in global exports - 2022
- 2.21%, Mexican share in global imports - 2022
The visualizations show the global market for Pressure Reducing Valves. 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 Pressure Reducing Valves were China (US$554M), Germany (US$475M), and United States (US$439M). In the same year, the main importing countries for Pressure Reducing Valves were United States (US$562M), China (US$324M), and Germany (US$283M).