ProceduresGovernment

Threading Tools "Incl. Tapping" Exchangeable

Código 820740 (Harmonized System 2012 by 6 digits)

 2023: US$52.6M, Total Trade Exchange

2023: US$11.5M, International Sales

  2023: US$41.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Threading Tools "Incl. Tapping" Exchangeable was US$52.6M.

In 2023, the states with the most international sales in Threading Tools "Incl. Tapping" Exchangeable were Estado de México (US$10.8M), Querétaro (US$202k), Chihuahua (US$165k), Guanajuato (US$96.1k), and Ciudad de México (US$76.1k).

The states with the most international purchases in 2023 were Querétaro (US$9.94M), Nuevo León (US$7.02M), Estado de México (US$5.93M), Ciudad de México (US$4.41M), and Tamaulipas (US$3.12M).

In 2023, the main commercial destinations of Threading Tools "Incl. Tapping" Exchangeable were United States (US$10.8M), Peru (US$181k), Colombia (US$89.9k), Honduras (US$35.9k), and Guatemala (US$35.9k).

The main commercial origins of Threading Tools "Incl. Tapping" Exchangeable in 2023 were United States (US$11.9M), Germany (US$10.1M), Japan (US$4.76M), China (US$3.9M), and Brazil (US$2.58M).

In the global context, the main exporting countries of Threading Tools "Incl. Tapping" Exchangeable in 2022 were Germany (US$303M), Japan (US$183M), and China (US$148M). In the same year, the main importing countries of Threading Tools "Incl. Tapping" Exchangeable were United States (US$184M), China (US$149M), and Germany (US$104M).

Trade Balance of Mexico

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Net Trade Balance

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US$52.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Threading Tools "Incl. Tapping" Exchangeable in Mexico (including international purchases and sales) was US$52.6M.

The visualizations show the net balance of Threading Tools "Incl. Tapping" Exchangeable 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$4.08M, International Purchases
  • US$1.19M, International Sales

In July 2024, international sales of Threading Tools "Incl. Tapping" Exchangeable were US$1.19M, while international purchases reached US$4.08M. The above results in a trade balance of -US$2.89M.

Market Concentration

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2024-Q3: US$7k, International Sales

The visualization shows the quarterly concentration of international sales of Threading Tools "Incl. Tapping" Exchangeable at state level.

In the third quarter of 2024, international sales were US$7k, being the states with the most sales Ciudad de México (US$3.53k) and Tamaulipas (US$3.47k).

Exchange by Territory

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International Sales

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Estado de México: US$10.8M, State with the Most International Sales (2023)

United States: US$10.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Threading Tools "Incl. Tapping" Exchangeable were Estado de México (US$10.8M), Querétaro (US$202k), Chihuahua (US$165k), Guanajuato (US$96.1k), and Ciudad de México (US$76.1k).

In 2023, the countries with the most international purchases from Mexico were United States (US$10.8M), Peru (US$181k), Colombia (US$89.9k), Honduras (US$35.9k), and Guatemala (US$35.9k).

International Purchases

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Querétaro: US$9.94M, State with the Most International Purchases (2023)

United States: US$11.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Threading Tools "Incl. Tapping" Exchangeable were Querétaro (US$9.94M), Nuevo León (US$7.02M), Estado de México (US$5.93M), Ciudad de México (US$4.41M), and Tamaulipas (US$3.12M).

The countries with the most international sales to Mexico in 2023 were United States (US$11.9M), Germany (US$10.1M), Japan (US$4.76M), China (US$3.9M), and Brazil (US$2.58M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Threading Tools "Incl. Tapping" Exchangeable  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Threading Tools "Incl. Tapping" Exchangeable. 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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  • 1.05%, Mexican share in global exports - 2022
  • 2.56%, Mexican share in global imports - 2022

The visualizations show the global market for Threading Tools "Incl. Tapping" Exchangeable. 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 Threading Tools "Incl. Tapping" Exchangeable were Germany (US$303M), Japan (US$183M), and China (US$148M). In the same year, the main importing countries for Threading Tools "Incl. Tapping" Exchangeable were United States (US$184M), China (US$149M), and Germany (US$104M).