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Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry

Código 401161 (Harmonized System 2012 by 6 digits)

 2023: US$94.5M, Total Trade Exchange

2023: US$5.77M, International Sales

  2023: US$88.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry was US$94.5M.

In 2022, the states with the most international sales in Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were Jalisco (US$33.2k).

The states with the most international purchases in 2023 were Nuevo León (US$22.4M), Ciudad de México (US$21.9M), San Luis Potosí (US$15.1M), Querétaro (US$12.2M), and Jalisco (US$7.48M).

In 2022, the main commercial destinations of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were Costa Rica (US$15.8k), Belize (US$14.2k), and United States (US$3.23k).

The main commercial origins of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry in 2023 were India (US$27.9M), China (US$23.4M), United States (US$12.1M), Brazil (US$9.79M), and Turkey (US$5.16M).

In the global context, the main exporting countries of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry in 2022 were India (US$1.55B), China (US$425M), and Spain (US$249M). In the same year, the main importing countries of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were United States (US$756M), Germany (US$563M), and France (US$367M).

Trade Balance of Mexico

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Net Trade Balance

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US$94.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry in Mexico (including international purchases and sales) was US$94.5M.

The visualizations show the net balance of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry 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$7.63M, International Purchases
  • US$274k, International Sales

In July 2024, international sales of Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were US$274k, while international purchases reached US$7.63M. The above results in a trade balance of -US$7.35M.

Exchange by Territory

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International Sales

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Jalisco: US$33.2k, State with the Most International Sales (2022)

Costa Rica: US$15.8k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were Jalisco (US$33.2k).

In 2022, the countries with the most international purchases from Mexico were Costa Rica (US$15.8k), Belize (US$14.2k), and United States (US$3.23k).

International Purchases

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Nuevo León: US$22.4M, State with the Most International Purchases (2023)

India: US$27.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were Nuevo León (US$22.4M), Ciudad de México (US$21.9M), San Luis Potosí (US$15.1M), Querétaro (US$12.2M), and Jalisco (US$7.48M).

The countries with the most international sales to Mexico in 2023 were India (US$27.9M), China (US$23.4M), United States (US$12.1M), Brazil (US$9.79M), and Turkey (US$5.16M).

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 "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry. 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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  • 0.22%, Mexican share in global exports - 2022
  • 2.34%, Mexican share in global imports - 2022

The visualizations show the global market for Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry. 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 "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were India (US$1.55B), China (US$425M), and Spain (US$249M). In the same year, the main importing countries for Tires "Pneumatic Tires" of Rubber, with High Reliefs Shaped as Wedges, Angles or Similar, of a Kind Used in Vehicles, Agricultural Machinery or Forestry were United States (US$756M), Germany (US$563M), and France (US$367M).