Specifics Machines and Devices Note 9 to 84
Código 848640 (Harmonized System 2012 by 6 digits)
2023: US$172M, Total Trade Exchange
2023: US$13.1M, International Sales
2023: US$159M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Specifics Machines and Devices Note 9 to 84 was US$172M.
In 2023, the states with the most international sales in Specifics Machines and Devices Note 9 to 84 were Baja California (US$5.88M), Nuevo León (US$3.51M), Tamaulipas (US$2.37M), Chihuahua (US$720k), and Jalisco (US$448k).
The states with the most international purchases in 2023 were Chihuahua (US$50.8M), Jalisco (US$44.9M), Nuevo León (US$20.4M), Baja California (US$12.6M), and Coahuila de Zaragoza (US$9.9M).
In 2023, the main commercial destinations of Specifics Machines and Devices Note 9 to 84 were United States (US$6.83M), China (US$2.71M), Vietnam (US$2.44M), South Korea (US$385k), and Malaysia (US$287k).
The main commercial origins of Specifics Machines and Devices Note 9 to 84 in 2023 were Germany (US$37.2M), Japan (US$29.1M), China (US$24.5M), South Korea (US$20M), and United States (US$18.5M).
In the global context, the main exporting countries of Specifics Machines and Devices Note 9 to 84 in 2022 were Singapore (US$3.16B), Japan (US$2.18B), and China (US$1.24B). In the same year, the main importing countries of Specifics Machines and Devices Note 9 to 84 were China (US$4.07B), South Korea (US$1.26B), and United States (US$865M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$172M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Specifics Machines and Devices Note 9 to 84 in Mexico (including international purchases and sales) was US$172M.
The visualizations show the net balance of Specifics Machines and Devices Note 9 to 84 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$18.7M, International Purchases
- US$17.8M, International Sales
In November 2024, international sales of Specifics Machines and Devices Note 9 to 84 were US$17.8M, while international purchases reached US$18.7M. The above results in a trade balance of -US$930k.
Market Concentration
#permalink to section2024-Q4: US$12.2M, International Sales
The visualization shows the quarterly concentration of international sales of Specifics Machines and Devices Note 9 to 84 at state level.
In the fourth quarter of 2024, international sales were US$12.2M, being the states with the most sales Chihuahua (US$11.2M) and Jalisco (US$983k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$5.88M, State with the Most International Sales (2023)
United States: US$6.83M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Specifics Machines and Devices Note 9 to 84 were Baja California (US$5.88M), Nuevo León (US$3.51M), Tamaulipas (US$2.37M), Chihuahua (US$720k), and Jalisco (US$448k).
In 2023, the countries with the most international purchases from Mexico were United States (US$6.83M), China (US$2.71M), Vietnam (US$2.44M), South Korea (US$385k), and Malaysia (US$287k).
International Purchases
#permalink to sectionChihuahua: US$50.8M, State with the Most International Purchases (2023)
Germany: US$37.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Specifics Machines and Devices Note 9 to 84 were Chihuahua (US$50.8M), Jalisco (US$44.9M), Nuevo León (US$20.4M), Baja California (US$12.6M), and Coahuila de Zaragoza (US$9.9M).
The countries with the most international sales to Mexico in 2023 were Germany (US$37.2M), Japan (US$29.1M), China (US$24.5M), South Korea (US$20M), and United States (US$18.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Specifics Machines and Devices Note 9 to 84 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Specifics Machines and Devices Note 9 to 84. 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- 0.0079%, Mexican share in global exports - 2022
- 1.07%, Mexican share in global imports - 2022
The visualizations show the global market for Specifics Machines and Devices Note 9 to 84. 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 Specifics Machines and Devices Note 9 to 84 were Singapore (US$3.16B), Japan (US$2.18B), and China (US$1.24B). In the same year, the main importing countries for Specifics Machines and Devices Note 9 to 84 were China (US$4.07B), South Korea (US$1.26B), and United States (US$865M).