Soldering Lamps and the Like. (Exc. Machinery for Gas Welding)
Código 820560 (Harmonized System 2012 by 6 digits)
2022: US$9.7k, International Sales
2023: US$96k, International Purchases
In 2020, the states with the most international sales in Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were Ciudad de México (US$245).
The states with the most international purchases in 2023 were Jalisco (US$19.6k), Nuevo León (US$16.8k), Ciudad de México (US$14.8k), Baja California (US$14.6k), and Tamaulipas (US$6.29k).
In 2020, the main commercial destinations of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were Costa Rica (US$137) and United States (US$108).
The main commercial origins of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) in 2023 were United States (US$50.1k), Taiwan (Republic of China) (US$13.6k), China (US$11.9k), Austria (US$1.32k), and Japan (US$255).
In the global context, the main exporting countries of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) in 2022 were China (US$56.7M), Taiwan (Republic of China) (US$35.4M), and Germany (US$12.7M). In the same year, the main importing countries of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were United States (US$37.9M), Germany (US$19.9M), and Canada (US$12.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) 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$7.01k, International Purchases
In July 2024, international sales of Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were US$0, while international purchases reached US$7.01k. The above results in a trade balance of -US$7.01k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$245, State with the Most International Sales (2020)
Costa Rica: US$137, Main commercial destination (2020)
In 2020, the states with the highest international sales in Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were Ciudad de México (US$245).
In 2020, the countries with the most international purchases from Mexico were Costa Rica (US$137) and United States (US$108).
International Purchases
#permalink to sectionJalisco: US$19.6k, State with the Most International Purchases (2023)
United States: US$50.1k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were Jalisco (US$19.6k), Nuevo León (US$16.8k), Ciudad de México (US$14.8k), Baja California (US$14.6k), and Tamaulipas (US$6.29k).
The countries with the most international sales to Mexico in 2023 were United States (US$50.1k), Taiwan (Republic of China) (US$13.6k), China (US$11.9k), Austria (US$1.32k), and Japan (US$255).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Soldering Lamps and the Like. (Exc. Machinery for Gas Welding). 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- 0.071%, Mexican share in global exports - 2022
- 0.25%, Mexican share in global imports - 2022
The visualizations show the global market for Soldering Lamps and the Like. (Exc. Machinery for Gas Welding). 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 Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were China (US$56.7M), Taiwan (Republic of China) (US$35.4M), and Germany (US$12.7M). In the same year, the main importing countries for Soldering Lamps and the Like. (Exc. Machinery for Gas Welding) were United States (US$37.9M), Germany (US$19.9M), and Canada (US$12.4M).