ProceduresGovernment

Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3

Código 870323 (Harmonized System 2012 by 6 digits)

 2023: US$36.3B, Total Trade Exchange

2023: US$30B, International Sales

  2023: US$6.38B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 was US$36.3B.

In 2023, the states with the most international sales in Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were Ciudad de México (US$9.32B), Puebla (US$6.23B), Jalisco (US$3.15B), Nuevo León (US$3.06B), and Estado de México (US$628M).

The states with the most international purchases in 2023 were Ciudad de México (US$3.73B), Puebla (US$1.3B), Nuevo León (US$616M), Estado de México (US$473M), and Baja California (US$52.7M).

In 2023, the main commercial destinations of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were United States (US$17.9B), Canada (US$1.99B), Germany (US$607M), Brazil (US$549M), and Puerto Rico (US$221M).

The main commercial origins of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 in 2023 were United States (US$1.34B), Japan (US$952M), China (US$618M), Spain (US$486M), and Germany (US$469M).

In the global context, the main exporting countries of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 in 2022 were Germany (US$45.1B), Japan (US$42B), and Mexico (US$25.4B). In the same year, the main importing countries of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were United States (US$79.4B), China (US$28.7B), and Canada (US$12.2B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$36.3B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 in Mexico (including international purchases and sales) was US$36.3B.

The visualizations show the net balance of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 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 section

July, 2024

  • US$566M, International Purchases
  • US$2.65B, International Sales

In July 2024, international sales of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were US$2.65B, while international purchases reached US$566M. The above results in a trade balance of US$2.09B.

Market Concentration

#permalink to section

2024-Q3: US$762M, International Sales

The visualization shows the quarterly concentration of international sales of Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 at state level.

In the third quarter of 2024, international sales were US$762M, being the states with the most sales Ciudad de México (US$762M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$9.32B, State with the Most International Sales (2023)

United States: US$17.9B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were Ciudad de México (US$9.32B), Puebla (US$6.23B), Jalisco (US$3.15B), Nuevo León (US$3.06B), and Estado de México (US$628M).

In 2023, the countries with the most international purchases from Mexico were United States (US$17.9B), Canada (US$1.99B), Germany (US$607M), Brazil (US$549M), and Puerto Rico (US$221M).

International Purchases

#permalink to section

Ciudad de México: US$3.73B, State with the Most International Purchases (2023)

United States: US$1.34B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were Ciudad de México (US$3.73B), Puebla (US$1.3B), Nuevo León (US$616M), Estado de México (US$473M), and Baja California (US$52.7M).

The countries with the most international sales to Mexico in 2023 were United States (US$1.34B), Japan (US$952M), China (US$618M), Spain (US$486M), and Germany (US$469M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3. 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

#permalink to section

  • 11%, Mexican share in global exports - 2022
  • 1.82%, Mexican share in global imports - 2022

The visualizations show the global market for Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3. 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 Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were Germany (US$45.1B), Japan (US$42B), and Mexico (US$25.4B). In the same year, the main importing countries for Vehicles with Cylinder Capacity over 1500 but not over 3000 Cm3 were United States (US$79.4B), China (US$28.7B), and Canada (US$12.2B).