Tower Cranes
Código 842620 (Harmonized System 2012 by 6 digits)
2023: US$5.99M, Total Trade Exchange
2023: US$459k, International Sales
2023: US$5.53M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Tower Cranes was US$5.99M.
The states with the most international purchases in 2023 were Estado de México (US$2.71M).
The main commercial origins of Tower Cranes in 2023 were Spain (US$2.31M), South Korea (US$286k), United States (US$106k), and Germany (US$6.5k).
In the global context, the main exporting countries of Tower Cranes in 2022 were China (US$375M), Germany (US$316M), and Italy (US$234M). In the same year, the main importing countries of Tower Cranes were Germany (US$210M), France (US$118M), and South Korea (US$99.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$5.99M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Tower Cranes in Mexico (including international purchases and sales) was US$5.99M.
The visualizations show the net balance of Tower Cranes 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
#permalink to sectionJuly, 2024: US$515k, International Purchases
In July 2024, international sales of Tower Cranes were US$0, while international purchases reached US$515k. The above results in a trade balance of -US$515k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionEstado de México: US$2.71M, State with the Most International Purchases (2023)
Spain: US$2.31M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Tower Cranes were Estado de México (US$2.71M).
The countries with the most international sales to Mexico in 2023 were Spain (US$2.31M), South Korea (US$286k), United States (US$106k), and Germany (US$6.5k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Tower Cranes and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Tower Cranes. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.061%, Mexican share in global exports - 2022
- 0.27%, Mexican share in global imports - 2022
The visualizations show the global market for Tower Cranes. 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 Tower Cranes were China (US$375M), Germany (US$316M), and Italy (US$234M). In the same year, the main importing countries for Tower Cranes were Germany (US$210M), France (US$118M), and South Korea (US$99.7M).