Pumps and Compressors; for Air, Vacuum or Gas
Código 841480 (Harmonized System 2012 by 6 digits)
2023: US$2.32B, Total Trade Exchange
2023: US$1.33B, International Sales
2023: US$987M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Pumps and Compressors; for Air, Vacuum or Gas was US$2.32B.
In 2023, the states with the most international sales in Pumps and Compressors; for Air, Vacuum or Gas were Baja California (US$551M), Coahuila de Zaragoza (US$493M), Chihuahua (US$101M), Ciudad de México (US$72.6M), and Nuevo León (US$43.5M).
The states with the most international purchases in 2023 were Ciudad de México (US$274M), Estado de México (US$236M), Puebla (US$96.2M), Baja California (US$68.2M), and Nuevo León (US$67.1M).
In 2023, the main commercial destinations of Pumps and Compressors; for Air, Vacuum or Gas were United States (US$1.25B), Switzerland (US$47.5M), Spain (US$4.97M), Algeria (US$4.9M), and Germany (US$4.35M).
The main commercial origins of Pumps and Compressors; for Air, Vacuum or Gas in 2023 were United States (US$632M), China (US$113M), Germany (US$64.1M), Belgium (US$34.4M), and Czech Republic (US$24.1M).
In the global context, the main exporting countries of Pumps and Compressors; for Air, Vacuum or Gas in 2022 were China (US$4.94B), Germany (US$2.96B), and United States (US$2.34B). In the same year, the main importing countries of Pumps and Compressors; for Air, Vacuum or Gas were United States (US$3.38B), Germany (US$1.74B), and China (US$1.44B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.32B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Pumps and Compressors; for Air, Vacuum or Gas in Mexico (including international purchases and sales) was US$2.32B.
The visualizations show the net balance of Pumps and Compressors; for Air, Vacuum or Gas 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$83.8M, International Purchases
- US$87.9M, International Sales
In July 2024, international sales of Pumps and Compressors; for Air, Vacuum or Gas were US$87.9M, while international purchases reached US$83.8M. The above results in a trade balance of US$4.16M.
Market Concentration
#permalink to section2024-Q3: US$87.8M, International Sales
The visualization shows the quarterly concentration of international sales of Pumps and Compressors; for Air, Vacuum or Gas at state level.
In the third quarter of 2024, international sales were US$87.8M, being the states with the most sales Coahuila de Zaragoza (US$36M), Baja California (US$30.6M), and Chihuahua (US$7.42M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$551M, State with the Most International Sales (2023)
United States: US$1.25B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Pumps and Compressors; for Air, Vacuum or Gas were Baja California (US$551M), Coahuila de Zaragoza (US$493M), Chihuahua (US$101M), Ciudad de México (US$72.6M), and Nuevo León (US$43.5M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.25B), Switzerland (US$47.5M), Spain (US$4.97M), Algeria (US$4.9M), and Germany (US$4.35M).
International Purchases
#permalink to sectionCiudad de México: US$274M, State with the Most International Purchases (2023)
United States: US$632M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Pumps and Compressors; for Air, Vacuum or Gas were Ciudad de México (US$274M), Estado de México (US$236M), Puebla (US$96.2M), Baja California (US$68.2M), and Nuevo León (US$67.1M).
The countries with the most international sales to Mexico in 2023 were United States (US$632M), China (US$113M), Germany (US$64.1M), Belgium (US$34.4M), and Czech Republic (US$24.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Pumps and Compressors; for Air, Vacuum or Gas and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Pumps and Compressors; for Air, Vacuum or Gas. 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- 5.32%, Mexican share in global exports - 2022
- 3.8%, Mexican share in global imports - 2022
The visualizations show the global market for Pumps and Compressors; for Air, Vacuum or Gas. 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 Pumps and Compressors; for Air, Vacuum or Gas were China (US$4.94B), Germany (US$2.96B), and United States (US$2.34B). In the same year, the main importing countries for Pumps and Compressors; for Air, Vacuum or Gas were United States (US$3.38B), Germany (US$1.74B), and China (US$1.44B).