ProceduresGovernment

Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose

Código 870790 (Harmonized System 2012 by 6 digits)

 2023: US$457M, Total Trade Exchange

2023: US$300M, International Sales

  2023: US$158M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose was US$457M.

In 2023, the states with the most international sales in Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Nuevo León (US$271M), Chihuahua (US$9.75M), Puebla (US$6.44M), Baja California (US$4.57M), and Ciudad de México (US$2.51M).

The states with the most international purchases in 2023 were Nuevo León (US$33.9M), Jalisco (US$25.2M), Hidalgo (US$18.9M), Ciudad de México (US$14.2M), and Baja California (US$12.6M).

In 2023, the main commercial destinations of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were United States (US$225M), Canada (US$20.4M), Chile (US$14.3M), Brazil (US$8.46M), and Argentina (US$6.64M).

The main commercial origins of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose in 2023 were China (US$44.1M), United States (US$28.9M), Brazil (US$27.6M), Japan (US$16.8M), and Canada (US$5.86M).

In the global context, the main exporting countries of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose in 2022 were Sweden (US$948M), Belgium (US$939M), and Germany (US$737M). In the same year, the main importing countries of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Netherlands (US$1.41B), United States (US$775M), and Poland (US$438M).

Trade Balance of Mexico

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Net Trade Balance

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US$457M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose in Mexico (including international purchases and sales) was US$457M.

The visualizations show the net balance of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose 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$14.7M, International Purchases
  • US$54.2M, International Sales

In July 2024, international sales of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were US$54.2M, while international purchases reached US$14.7M. The above results in a trade balance of US$39.5M.

Market Concentration

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2024-Q3: US$50.8M, International Sales

The visualization shows the quarterly concentration of international sales of Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose at state level.

In the third quarter of 2024, international sales were US$50.8M, being the states with the most sales Nuevo León (US$48.4M), Chihuahua (US$1.83M), and Baja California (US$451k).

Exchange by Territory

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International Sales

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Nuevo León: US$271M, State with the Most International Sales (2023)

United States: US$225M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Nuevo León (US$271M), Chihuahua (US$9.75M), Puebla (US$6.44M), Baja California (US$4.57M), and Ciudad de México (US$2.51M).

In 2023, the countries with the most international purchases from Mexico were United States (US$225M), Canada (US$20.4M), Chile (US$14.3M), Brazil (US$8.46M), and Argentina (US$6.64M).

International Purchases

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Nuevo León: US$33.9M, State with the Most International Purchases (2023)

China: US$44.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Nuevo León (US$33.9M), Jalisco (US$25.2M), Hidalgo (US$18.9M), Ciudad de México (US$14.2M), and Baja California (US$12.6M).

The countries with the most international sales to Mexico in 2023 were China (US$44.1M), United States (US$28.9M), Brazil (US$27.6M), Japan (US$16.8M), and Canada (US$5.86M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose. 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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  • 3.94%, Mexican share in global exports - 2022
  • 1.25%, Mexican share in global imports - 2022

The visualizations show the global market for Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose. 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 Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Sweden (US$948M), Belgium (US$939M), and Germany (US$737M). In the same year, the main importing countries for Tractors Bodies, Vehicles for the Transport Vehicles> = 10 People for Freight Transport and Special Purpose were Netherlands (US$1.41B), United States (US$775M), and Poland (US$438M).