Transportation
Code 17 (Harmonized System 2012 by Sector)
2023: US$227B, Total Trade Exchange
2023: US$164B, International Sales
2023: US$62.6B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Transportation was US$227B.
In 2023, the states with the most international sales in Transportation were Ciudad de México (US$62.6B), Puebla (US$15.8B), Estado de México (US$12.5B), Guanajuato (US$11.3B), and Nuevo León (US$9.77B).
The states with the most international purchases in 2023 were Ciudad de México (US$27.4B), Estado de México (US$4.98B), Nuevo León (US$4.95B), Puebla (US$4.92B), and Baja California (US$3.34B).
In 2023, the main commercial destinations of Transportation were United States (US$136B), Canada (US$8.74B), Germany (US$6.38B), Brazil (US$1.71B), and China (US$1.23B).
The main commercial origins of Transportation in 2023 were United States (US$26B), China (US$11.3B), Japan (US$4.53B), Germany (US$3.87B), and Brazil (US$2.43B).
In the global context, the main exporting countries of Transportation in 2022 were Germany (US$290B), United States (US$191B), and China (US$186B). In the same year, the main importing countries of Transportation were United States (US$351B), Germany (US$153B), and France (US$93.7B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$227B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Transportation in Mexico (including international purchases and sales) was US$227B.
The visualizations show the net balance of Transportation 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$15.1B, International Sales
- US$5.75B, International Purchases
In July 2024, international sales of Transportation were US$15.1B and a total of US$5.75B in international purchases. For this month the net trade balance of Transportation it was of US$9.31B.
Market Concentration
#permalink to section2024-Q3: US$14.7B, International Sales
The visualization shows the quarterly concentration of international sales of Transportation at state level.
In the third quarter of 2024, international sales were US$14.7B, being the states with the most sales Ciudad de México (US$6.09B), Puebla (US$1.73B), and Guanajuato (US$1.2B).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$62.6B, State with the Most International Sales (2023)
United States: US$136B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Transportation were Ciudad de México (US$62.6B), Puebla (US$15.8B), Estado de México (US$12.5B), Guanajuato (US$11.3B), and Nuevo León (US$9.77B).
In 2023, the countries with the most international purchases from Mexico were United States (US$136B), Canada (US$8.74B), Germany (US$6.38B), Brazil (US$1.71B), and China (US$1.23B).
International Purchases
#permalink to sectionCiudad de México: US$27.4B, State with the Most International Purchases (2023)
United States: US$26B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Transportation were Ciudad de México (US$27.4B), Estado de México (US$4.98B), Nuevo León (US$4.95B), Puebla (US$4.92B), and Baja California (US$3.34B).
The countries with the most international sales to Mexico in 2023 were United States (US$26B), China (US$11.3B), Japan (US$4.53B), Germany (US$3.87B), and Brazil (US$2.43B).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Transportation and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Transportation. 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- 6.52%, Mexican share in global exports - 2022
- 2.6%, Mexican share in global imports - 2022
The visualizations show the global market for Transportation. 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 Transportation were Germany (US$290B), United States (US$191B), and China (US$186B). In the same year, the main importing countries for Transportation were United States (US$351B), Germany (US$153B), and France (US$93.7B).