Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills)
Código 847940 (Harmonized System 2012 by 6 digits)
2023: US$80.4M, Total Trade Exchange
2023: US$8M, International Sales
2023: US$72.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) was US$80.4M.
In 2023, the states with the most international sales in Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were Chihuahua (US$4.14M), Sonora (US$997k), Coahuila de Zaragoza (US$698k), Guanajuato (US$666k), and Nuevo León (US$642k).
The states with the most international purchases in 2023 were Chihuahua (US$17.3M), Guanajuato (US$10.9M), Nuevo León (US$8.96M), Sonora (US$7.56M), and Durango (US$6.51M).
In 2023, the main commercial destinations of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were United States (US$5.95M), Honduras (US$638k), Vietnam (US$458k), South Korea (US$364k), and Nicaragua (US$238k).
The main commercial origins of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) in 2023 were Germany (US$20.1M), Switzerland (US$14.9M), China (US$10.2M), United States (US$8.49M), and Austria (US$4.58M).
In the global context, the main exporting countries of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) in 2022 were China (US$172M), Germany (US$127M), and Finland (US$83.8M). In the same year, the main importing countries of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were United States (US$156M), Mexico (US$74.9M), and China (US$54.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$80.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) in Mexico (including international purchases and sales) was US$80.4M.
The visualizations show the net balance of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) 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$8.95M, International Purchases
- US$3.99M, International Sales
In November 2024, international sales of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were US$3.99M, while international purchases reached US$8.95M. The above results in a trade balance of -US$4.96M.
Market Concentration
#permalink to section2024-Q4: US$3.82M, International Sales
The visualization shows the quarterly concentration of international sales of Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) at state level.
In the fourth quarter of 2024, international sales were US$3.82M, being the states with the most sales Chihuahua (US$3.72M), Sonora (US$81.7k), and Tamaulipas (US$9.53k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$4.14M, State with the Most International Sales (2023)
United States: US$5.95M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were Chihuahua (US$4.14M), Sonora (US$997k), Coahuila de Zaragoza (US$698k), Guanajuato (US$666k), and Nuevo León (US$642k).
In 2023, the countries with the most international purchases from Mexico were United States (US$5.95M), Honduras (US$638k), Vietnam (US$458k), South Korea (US$364k), and Nicaragua (US$238k).
International Purchases
#permalink to sectionChihuahua: US$17.3M, State with the Most International Purchases (2023)
Germany: US$20.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were Chihuahua (US$17.3M), Guanajuato (US$10.9M), Nuevo León (US$8.96M), Sonora (US$7.56M), and Durango (US$6.51M).
The countries with the most international sales to Mexico in 2023 were Germany (US$20.1M), Switzerland (US$14.9M), China (US$10.2M), United States (US$8.49M), and Austria (US$4.58M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills). 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- 0.53%, Mexican share in global exports - 2022
- 9.7%, Mexican share in global imports - 2022
The visualizations show the global market for Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills). 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 Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were China (US$172M), Germany (US$127M), and Finland (US$83.8M). In the same year, the main importing countries for Rope or Cable Machines (Excl. Twisting Machines of a Kind Used in Spinning Mills) were United States (US$156M), Mexico (US$74.9M), and China (US$54.6M).