ProceduresGovernment

Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]"

Código 400922 (Harmonized System 2012 by 6 digits)

 2023: US$109M, Total Trade Exchange

2023: US$75.2M, International Sales

  2023: US$33.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" was US$109M.

In 2023, the states with the most international sales in Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were Ciudad de México (US$49.6M), Nuevo León (US$12.3M), Querétaro (US$11M), Coahuila de Zaragoza (US$1.24M), and Estado de México (US$678k).

The states with the most international purchases in 2023 were Estado de México (US$9.75M), Nuevo León (US$7.73M), Ciudad de México (US$3.82M), Baja California (US$1.9M), and Querétaro (US$1.42M).

In 2023, the main commercial destinations of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were United States (US$67.8M), Costa Rica (US$1.44M), Panama (US$1.03M), Canada (US$1M), and Guatemala (US$999k).

The main commercial origins of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" in 2023 were United States (US$14.6M), China (US$12.9M), Italy (US$1.29M), Germany (US$1.01M), and Japan (US$703k).

In the global context, the main exporting countries of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" in 2022 were China (US$258M), Germany (US$164M), and United States (US$99.6M). In the same year, the main importing countries of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were United States (US$184M), Netherlands (US$75.1M), and France (US$66.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$109M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" in Mexico (including international purchases and sales) was US$109M.

The visualizations show the net balance of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" 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

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July, 2024

  • US$3.42M, International Purchases
  • US$4.15M, International Sales

In July 2024, international sales of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were US$4.15M, while international purchases reached US$3.42M. The above results in a trade balance of US$732k.

Market Concentration

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2024-Q3: US$4.14M, International Sales

The visualization shows the quarterly concentration of international sales of Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" at state level.

In the third quarter of 2024, international sales were US$4.14M, being the states with the most sales Ciudad de México (US$2.77M), Nuevo León (US$1.22M), and Estado de México (US$72k).

Exchange by Territory

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International Sales

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Ciudad de México: US$49.6M, State with the Most International Sales (2023)

United States: US$67.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were Ciudad de México (US$49.6M), Nuevo León (US$12.3M), Querétaro (US$11M), Coahuila de Zaragoza (US$1.24M), and Estado de México (US$678k).

In 2023, the countries with the most international purchases from Mexico were United States (US$67.8M), Costa Rica (US$1.44M), Panama (US$1.03M), Canada (US$1M), and Guatemala (US$999k).

International Purchases

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Estado de México: US$9.75M, State with the Most International Purchases (2023)

United States: US$14.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were Estado de México (US$9.75M), Nuevo León (US$7.73M), Ciudad de México (US$3.82M), Baja California (US$1.9M), and Querétaro (US$1.42M).

The countries with the most international sales to Mexico in 2023 were United States (US$14.6M), China (US$12.9M), Italy (US$1.29M), Germany (US$1.01M), and Japan (US$703k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]". 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.

Origins and Trade Destinations

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  • 4.69%, Mexican share in global exports - 2022
  • 2.45%, Mexican share in global imports - 2022

The visualizations show the global market for Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]". 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 Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were China (US$258M), Germany (US$164M), and United States (US$99.6M). In the same year, the main importing countries for Rubber Tubes Vulcanised Reinforced or otherwise Combined only with Metal, with Accessories "Incl. Together, Elbows, [Fittings]" were United States (US$184M), Netherlands (US$75.1M), and France (US$66.5M).