ProceduresGovernment

Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles)

Código 870110 (Harmonized System 2012 by 6 digits)

 2023: US$1.34M, Total Trade Exchange

2023: US$306k, International Sales

  2023: US$1.04M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) was US$1.34M.

The states with the most international purchases in 2023 were Jalisco (US$327k) and Ciudad de México (US$74.2k).

The main commercial origins of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) in 2023 were China (US$340k), Italy (US$48.2k), and Spain (US$13k).

In the global context, the main exporting countries of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) in 2022 were China (US$150M), Thailand (US$45.8M), and Italy (US$25.6M). In the same year, the main importing countries of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) were Bangladesh (US$43M), Romania (US$28.7M), and Cambodia (US$22.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.34M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) in Mexico (including international purchases and sales) was US$1.34M.

The visualizations show the net balance of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) 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$134k, International Purchases

In July 2024, international sales of Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) were US$0, while international purchases reached US$134k. The above results in a trade balance of -US$134k.

Exchange by Territory

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International Purchases

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Jalisco: US$327k, State with the Most International Purchases (2023)

China: US$340k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) were Jalisco (US$327k) and Ciudad de México (US$74.2k).

The countries with the most international sales to Mexico in 2023 were China (US$340k), Italy (US$48.2k), and Spain (US$13k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles). 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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  • 0.24%, Mexican share in global exports - 2022
  • 1.53%, Mexican share in global imports - 2022

The visualizations show the global market for Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles). 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 Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) were China (US$150M), Thailand (US$45.8M), and Italy (US$25.6M). In the same year, the main importing countries for Tillers and Tractors Simil Features. for Industry (Exc. Tractor for Articulated Vehicles) were Bangladesh (US$43M), Romania (US$28.7M), and Cambodia (US$22.5M).