ProceduresGovernment

Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools)

Código 846789 (Harmonized System 2012 by 6 digits)

 2023: US$113M, Total Trade Exchange

2023: US$24.3M, International Sales

  2023: US$89M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) was US$113M.

In 2023, the states with the most international sales in Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were Sonora (US$19.4M), Estado de México (US$1.77M), Ciudad de México (US$1.45M), Puebla (US$503k), and Veracruz de Ignacio de la Llave (US$268k).

The states with the most international purchases in 2023 were Puebla (US$32.6M), Ciudad de México (US$13.7M), Estado de México (US$11.6M), Jalisco (US$8.84M), and Veracruz de Ignacio de la Llave (US$5.11M).

In 2023, the main commercial destinations of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were United States (US$20.4M), Venezuela (US$702k), Norway (US$374k), Honduras (US$374k), and Guatemala (US$346k).

The main commercial origins of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) in 2023 were China (US$47.7M), United States (US$16.1M), Germany (US$7.93M), Brazil (US$6.26M), and Japan (US$2.5M).

In the global context, the main exporting countries of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) in 2022 were China (US$961M), Germany (US$400M), and United States (US$212M). In the same year, the main importing countries of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were United States (US$340M), France (US$185M), and United Kingdom (US$121M).

Trade Balance of Mexico

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Net Trade Balance

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US$113M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) in Mexico (including international purchases and sales) was US$113M.

The visualizations show the net balance of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) 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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November, 2024

  • US$7.4M, International Purchases
  • US$1.3M, International Sales

In November 2024, international sales of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were US$1.3M, while international purchases reached US$7.4M. The above results in a trade balance of -US$6.11M.

Market Concentration

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2024-Q4: US$149k, International Sales

The visualization shows the quarterly concentration of international sales of Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) at state level.

In the fourth quarter of 2024, international sales were US$149k, being the states with the most sales Estado de México (US$116k), Ciudad de México (US$24.7k), and Baja California (US$7.57k).

Exchange by Territory

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International Sales

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Sonora: US$19.4M, State with the Most International Sales (2023)

United States: US$20.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were Sonora (US$19.4M), Estado de México (US$1.77M), Ciudad de México (US$1.45M), Puebla (US$503k), and Veracruz de Ignacio de la Llave (US$268k).

In 2023, the countries with the most international purchases from Mexico were United States (US$20.4M), Venezuela (US$702k), Norway (US$374k), Honduras (US$374k), and Guatemala (US$346k).

International Purchases

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Puebla: US$32.6M, State with the Most International Purchases (2023)

China: US$47.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were Puebla (US$32.6M), Ciudad de México (US$13.7M), Estado de México (US$11.6M), Jalisco (US$8.84M), and Veracruz de Ignacio de la Llave (US$5.11M).

The countries with the most international sales to Mexico in 2023 were China (US$47.7M), United States (US$16.1M), Germany (US$7.93M), Brazil (US$6.26M), and Japan (US$2.5M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools). 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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  • 1.8%, Mexican share in global exports - 2022
  • 2.59%, Mexican share in global imports - 2022

The visualizations show the global market for Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools). 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 Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were China (US$961M), Germany (US$400M), and United States (US$212M). In the same year, the main importing countries for Use Manual Tools, Hydraulic or with Self-Contained Non Motor Electric (Exc. Chain Saws and Pneumatic Tools) were United States (US$340M), France (US$185M), and United Kingdom (US$121M).