ProceduresGovernment

Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam)

Código 840219 (Harmonized System 2012 by 6 digits)

 2023: US$19.4M, Total Trade Exchange

2023: US$6.4M, International Sales

  2023: US$12.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) was US$19.4M.

In 2023, the states with the most international sales in Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were Ciudad de México (US$659k) and Baja California (US$345k).

The states with the most international purchases in 2023 were Estado de México (US$8.9M), Ciudad de México (US$851k), Baja California (US$797k), Jalisco (US$695k), and Nuevo León (US$433k).

In 2023, the main commercial destinations of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were United Arab Emirates (US$438k), United States (US$345k), Nicaragua (US$91k), Costa Rica (US$68k), and Panama (US$62k).

The main commercial origins of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) in 2023 were Germany (US$6.39M), United States (US$4.53M), China (US$837k), Italy (US$215k), and France (US$177k).

In the global context, the main exporting countries of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) in 2022 were China (US$170M), Germany (US$106M), and Italy (US$77.2M). In the same year, the main importing countries of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were Singapore (US$49.5M), Indonesia (US$48.1M), and Poland (US$38M).

Trade Balance of Mexico

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Net Trade Balance

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US$19.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) in Mexico (including international purchases and sales) was US$19.4M.

The visualizations show the net balance of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) 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$1.99M, International Purchases
  • US$377k, International Sales

In July 2024, international sales of Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were US$377k, while international purchases reached US$1.99M. The above results in a trade balance of -US$1.61M.

Exchange by Territory

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International Sales

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Ciudad de México: US$659k, State with the Most International Sales (2023)

United Arab Emirates: US$438k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were Ciudad de México (US$659k) and Baja California (US$345k).

In 2023, the countries with the most international purchases from Mexico were United Arab Emirates (US$438k), United States (US$345k), Nicaragua (US$91k), Costa Rica (US$68k), and Panama (US$62k).

International Purchases

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Estado de México: US$8.9M, State with the Most International Purchases (2023)

Germany: US$6.39M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were Estado de México (US$8.9M), Ciudad de México (US$851k), Baja California (US$797k), Jalisco (US$695k), and Nuevo León (US$433k).

The countries with the most international sales to Mexico in 2023 were Germany (US$6.39M), United States (US$4.53M), China (US$837k), Italy (US$215k), and France (US$177k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam). 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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  • 0.59%, Mexican share in global exports - 2022
  • 1.94%, Mexican share in global imports - 2022

The visualizations show the global market for Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam). 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 Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were China (US$170M), Germany (US$106M), and Italy (US$77.2M). In the same year, the main importing countries for Steam Boilers, Incl. Hybrid Boilers (Excl. Boilers Water Tube, as well as Central Heating Designed to Produce Hot Water and also Low Pressure Steam) were Singapore (US$49.5M), Indonesia (US$48.1M), and Poland (US$38M).