Spindles, Rings and Ring Fins And, for Machines of Heading 8445
Código 844833 (Harmonized System 2012 by 6 digits)
2020: US$13.3k, International Sales
2023: US$1.12M, International Purchases
In 2007, the states with the most international sales in Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were Ciudad de México (US$75.9k).
The states with the most international purchases in 2023 were Ciudad de México (US$374k), Estado de México (US$253k), Morelos (US$213k), Hidalgo (US$99.3k), and Puebla (US$93.1k).
In 2007, the main commercial destinations of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were United States (US$72.1k), Switzerland (US$3.48k), Chile (US$250), and Colombia (US$8).
The main commercial origins of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 in 2023 were Germany (US$472k), France (US$211k), Switzerland (US$124k), Czech Republic (US$77.8k), and United States (US$54.6k).
In the global context, the main exporting countries of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 in 2022 were Germany (US$30.2M), Czech Republic (US$29.1M), and Switzerland (US$26.3M). In the same year, the main importing countries of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were China (US$36.1M), India (US$31.7M), and Switzerland (US$11.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 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$57.3k, International Purchases
In November 2024, international sales of Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were US$0, while international purchases reached US$57.3k. The above results in a trade balance of -US$57.3k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$75.9k, State with the Most International Sales (2007)
United States: US$72.1k, Main commercial destination (2007)
In 2007, the states with the highest international sales in Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were Ciudad de México (US$75.9k).
In 2007, the countries with the most international purchases from Mexico were United States (US$72.1k), Switzerland (US$3.48k), Chile (US$250), and Colombia (US$8).
International Purchases
#permalink to sectionCiudad de México: US$374k, State with the Most International Purchases (2023)
Germany: US$472k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were Ciudad de México (US$374k), Estado de México (US$253k), Morelos (US$213k), Hidalgo (US$99.3k), and Puebla (US$93.1k).
The countries with the most international sales to Mexico in 2023 were Germany (US$472k), France (US$211k), Switzerland (US$124k), Czech Republic (US$77.8k), and United States (US$54.6k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Spindles, Rings and Ring Fins And, for Machines of Heading 8445 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Spindles, Rings and Ring Fins And, for Machines of Heading 8445. 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- 0.012%, Mexican share in global exports - 2022
- 0.9%, Mexican share in global imports - 2022
The visualizations show the global market for Spindles, Rings and Ring Fins And, for Machines of Heading 8445. 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 Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were Germany (US$30.2M), Czech Republic (US$29.1M), and Switzerland (US$26.3M). In the same year, the main importing countries for Spindles, Rings and Ring Fins And, for Machines of Heading 8445 were China (US$36.1M), India (US$31.7M), and Switzerland (US$11.1M).