Wheel Rims and Spokes, for Cycles (Except for Motorcycles)
Código 871492 (Harmonized System 2012 by 6 digits)
2023: US$9.39M, Total Trade Exchange
2023: US$428k, International Sales
2023: US$8.96M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) was US$9.39M.
In 2023, the states with the most international sales in Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were Baja California (US$370k).
The states with the most international purchases in 2023 were Jalisco (US$2.91M), Ciudad de México (US$2.86M), Estado de México (US$940k), San Luis Potosí (US$801k), and Yucatán (US$274k).
In 2023, the main commercial destinations of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were United States (US$370k).
The main commercial origins of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) in 2023 were China (US$6.01M), India (US$1.18M), Taiwan (Republic of China) (US$472k), United States (US$327k), and Canada (US$156k).
In the global context, the main exporting countries of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) in 2022 were China (US$350M), Taiwan (Republic of China) (US$155M), and Malaysia (US$45.8M). In the same year, the main importing countries of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were Taiwan (Republic of China) (US$109M), Germany (US$107M), and United States (US$49.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$9.39M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) in Mexico (including international purchases and sales) was US$9.39M.
The visualizations show the net balance of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) 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$1.11M, International Purchases
- US$9.61k, International Sales
In July 2024, international sales of Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were US$9.61k, while international purchases reached US$1.11M. The above results in a trade balance of -US$1.1M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$370k, State with the Most International Sales (2023)
United States: US$370k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were Baja California (US$370k).
In 2023, the countries with the most international purchases from Mexico were United States (US$370k).
International Purchases
#permalink to sectionJalisco: US$2.91M, State with the Most International Purchases (2023)
China: US$6.01M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were Jalisco (US$2.91M), Ciudad de México (US$2.86M), Estado de México (US$940k), San Luis Potosí (US$801k), and Yucatán (US$274k).
The countries with the most international sales to Mexico in 2023 were China (US$6.01M), India (US$1.18M), Taiwan (Republic of China) (US$472k), United States (US$327k), and Canada (US$156k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wheel Rims and Spokes, for Cycles (Except for Motorcycles) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wheel Rims and Spokes, for Cycles (Except for Motorcycles). 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- 0.005%, Mexican share in global exports - 2022
- 1.19%, Mexican share in global imports - 2022
The visualizations show the global market for Wheel Rims and Spokes, for Cycles (Except for Motorcycles). 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 Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were China (US$350M), Taiwan (Republic of China) (US$155M), and Malaysia (US$45.8M). In the same year, the main importing countries for Wheel Rims and Spokes, for Cycles (Except for Motorcycles) were Taiwan (Republic of China) (US$109M), Germany (US$107M), and United States (US$49.5M).