ProceduresGovernment

Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats)

Código 890399 (Harmonized System 2012 by 6 digits)

 2023: US$162M, Total Trade Exchange

2023: US$151M, International Sales

  2023: US$10.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) was US$162M.

In 2023, the states with the most international sales in Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were Baja California (US$19.6M) and Yucatán (US$5.9k).

The states with the most international purchases in 2023 were Nuevo León (US$4.63M), Yucatán (US$1.38M), Ciudad de México (US$1.13M), Quintana Roo (US$1.06M), and Baja California (US$537k).

In 2023, the main commercial destinations of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were United States (US$19.4M), Netherlands (US$130k), Australia (US$40.5k), Belize (US$2.31k), and Jamaica (US$1.85k).

The main commercial origins of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) in 2023 were Canada (US$4.16M), United States (US$3.59M), France (US$561k), Japan (US$455k), and Germany (US$384k).

In the global context, the main exporting countries of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) in 2022 were United States (US$910M), Poland (US$591M), and Mexico (US$337M). In the same year, the main importing countries of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were United States (US$564M), Canada (US$516M), and Seychelles (US$393M).

Trade Balance of Mexico

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Net Trade Balance

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US$162M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) in Mexico (including international purchases and sales) was US$162M.

The visualizations show the net balance of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) 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$306k, International Purchases
  • US$6.84M, International Sales

In July 2024, international sales of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were US$6.84M, while international purchases reached US$306k. The above results in a trade balance of US$6.54M.

Market Concentration

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2024-Q3: US$1.88M, International Sales

The visualization shows the quarterly concentration of international sales of Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) at state level.

In the third quarter of 2024, international sales were US$1.88M, being the states with the most sales Baja California (US$1.88M).

Exchange by Territory

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International Sales

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Baja California: US$19.6M, State with the Most International Sales (2023)

United States: US$19.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were Baja California (US$19.6M) and Yucatán (US$5.9k).

In 2023, the countries with the most international purchases from Mexico were United States (US$19.4M), Netherlands (US$130k), Australia (US$40.5k), Belize (US$2.31k), and Jamaica (US$1.85k).

International Purchases

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Nuevo León: US$4.63M, State with the Most International Purchases (2023)

Canada: US$4.16M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were Nuevo León (US$4.63M), Yucatán (US$1.38M), Ciudad de México (US$1.13M), Quintana Roo (US$1.06M), and Baja California (US$537k).

The countries with the most international sales to Mexico in 2023 were Canada (US$4.16M), United States (US$3.59M), France (US$561k), Japan (US$455k), and Germany (US$384k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats). 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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  • 8.32%, Mexican share in global exports - 2022
  • 1.91%, Mexican share in global imports - 2022

The visualizations show the global market for Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats). 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 Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were United States (US$910M), Poland (US$591M), and Mexico (US$337M). In the same year, the main importing countries for Vessels for Pleasure or Sport and Rowboats (Exc. Boats and Yachts with Interior Motor Boats and Sailing Yachts, Incl. with Auxiliary Motor and Inflatable Boats) were United States (US$564M), Canada (US$516M), and Seychelles (US$393M).