ProceduresGovernment

Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders")

Código 841239 (Harmonized System 2012 by 6 digits)

 2023: US$27.4M, Total Trade Exchange

2023: US$2.21M, International Sales

  2023: US$25.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") was US$27.4M.

In 2023, the states with the most international sales in Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were Chihuahua (US$1.28M), Nuevo León (US$395k), Ciudad de México (US$110k), San Luis Potosí (US$109k), and Jalisco (US$96.6k).

The states with the most international purchases in 2023 were Ciudad de México (US$7.02M), Nuevo León (US$4.03M), Guanajuato (US$2.44M), Estado de México (US$2.38M), and Chihuahua (US$1.61M).

In 2023, the main commercial destinations of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were United States (US$1.77M), Germany (US$94.3k), Japan (US$43.8k), Canada (US$43.2k), and India (US$38.5k).

The main commercial origins of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") in 2023 were United States (US$12.7M), Japan (US$2.67M), Germany (US$2.5M), China (US$1.9M), and Italy (US$1.72M).

In the global context, the main exporting countries of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") in 2022 were United States (US$229M), China (US$128M), and Italy (US$116M). In the same year, the main importing countries of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were United States (US$134M), Germany (US$85.3M), and China (US$76.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$27.4M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") in Mexico (including international purchases and sales) was US$27.4M.

The visualizations show the net balance of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") 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$2.57M, International Purchases
  • US$323k, International Sales

In July 2024, international sales of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were US$323k, while international purchases reached US$2.57M. The above results in a trade balance of -US$2.25M.

Market Concentration

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2024-Q3: US$73.8k, International Sales

The visualization shows the quarterly concentration of international sales of Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") at state level.

In the third quarter of 2024, international sales were US$73.8k, being the states with the most sales Estado de México (US$48.8k), Nuevo León (US$18.9k), and Jalisco (US$5.56k).

Exchange by Territory

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International Sales

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Chihuahua: US$1.28M, State with the Most International Sales (2023)

United States: US$1.77M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were Chihuahua (US$1.28M), Nuevo León (US$395k), Ciudad de México (US$110k), San Luis Potosí (US$109k), and Jalisco (US$96.6k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.77M), Germany (US$94.3k), Japan (US$43.8k), Canada (US$43.2k), and India (US$38.5k).

International Purchases

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Ciudad de México: US$7.02M, State with the Most International Purchases (2023)

United States: US$12.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were Ciudad de México (US$7.02M), Nuevo León (US$4.03M), Guanajuato (US$2.44M), Estado de México (US$2.38M), and Chihuahua (US$1.61M).

The countries with the most international sales to Mexico in 2023 were United States (US$12.7M), Japan (US$2.67M), Germany (US$2.5M), China (US$1.9M), and Italy (US$1.72M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders"). 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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  • 0.25%, Mexican share in global exports - 2022
  • 2.31%, Mexican share in global imports - 2022

The visualizations show the global market for Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders"). 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 Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were United States (US$229M), China (US$128M), and Italy (US$116M). In the same year, the main importing countries for Tires Motors (Excl. Linear Acting Pneumatic Motors "Cylinders") were United States (US$134M), Germany (US$85.3M), and China (US$76.3M).