ProceduresGovernment

Sharpening Stones Polishing Hand

Código 680430 (Harmonized System 2012 by 6 digits)

 2023: US$7.07M, Total Trade Exchange

2023: US$3.53M, International Sales

  2023: US$3.54M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sharpening Stones Polishing Hand was US$7.07M.

In 2023, the states with the most international sales in Sharpening Stones Polishing Hand were Nuevo León (US$1.65M), Chihuahua (US$1.63M), Estado de México (US$222k), Ciudad de México (US$7.28k), and Jalisco (US$6.57k).

The states with the most international purchases in 2023 were Baja California (US$947k), Coahuila de Zaragoza (US$541k), Estado de México (US$492k), Puebla (US$275k), and Ciudad de México (US$259k).

In 2023, the main commercial destinations of Sharpening Stones Polishing Hand were United States (US$3.28M), El Salvador (US$44.6k), Nicaragua (US$29.7k), Costa Rica (US$26.5k), and Peru (US$22.3k).

The main commercial origins of Sharpening Stones Polishing Hand in 2023 were United States (US$2.19M), China (US$898k), Germany (US$148k), Japan (US$110k), and Brazil (US$59.6k).

In the global context, the main exporting countries of Sharpening Stones Polishing Hand in 2022 were China (US$74.4M), Japan (US$23.4M), and United States (US$16.2M). In the same year, the main importing countries of Sharpening Stones Polishing Hand were United States (US$24.6M), Germany (US$11.5M), and Japan (US$9.38M).

Trade Balance of Mexico

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Net Trade Balance

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US$7.07M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sharpening Stones Polishing Hand in Mexico (including international purchases and sales) was US$7.07M.

The visualizations show the net balance of Sharpening Stones Polishing Hand 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$530k, International Purchases
  • US$110k, International Sales

In July 2024, international sales of Sharpening Stones Polishing Hand were US$110k, while international purchases reached US$530k. The above results in a trade balance of -US$420k.

Market Concentration

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2024-Q3: US$20.2k, International Sales

The visualization shows the quarterly concentration of international sales of Sharpening Stones Polishing Hand at state level.

In the third quarter of 2024, international sales were US$20.2k, being the states with the most sales Nuevo León (US$20.2k).

Exchange by Territory

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International Sales

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Nuevo León: US$1.65M, State with the Most International Sales (2023)

United States: US$3.28M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sharpening Stones Polishing Hand were Nuevo León (US$1.65M), Chihuahua (US$1.63M), Estado de México (US$222k), Ciudad de México (US$7.28k), and Jalisco (US$6.57k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.28M), El Salvador (US$44.6k), Nicaragua (US$29.7k), Costa Rica (US$26.5k), and Peru (US$22.3k).

International Purchases

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Baja California: US$947k, State with the Most International Purchases (2023)

United States: US$2.19M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sharpening Stones Polishing Hand were Baja California (US$947k), Coahuila de Zaragoza (US$541k), Estado de México (US$492k), Puebla (US$275k), and Ciudad de México (US$259k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.19M), China (US$898k), Germany (US$148k), Japan (US$110k), and Brazil (US$59.6k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sharpening Stones Polishing Hand  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sharpening Stones Polishing Hand. 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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  • 1.1%, Mexican share in global exports - 2022
  • 1.9%, Mexican share in global imports - 2022

The visualizations show the global market for Sharpening Stones Polishing Hand. 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 Sharpening Stones Polishing Hand were China (US$74.4M), Japan (US$23.4M), and United States (US$16.2M). In the same year, the main importing countries for Sharpening Stones Polishing Hand were United States (US$24.6M), Germany (US$11.5M), and Japan (US$9.38M).