ProceduresGovernment

Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras

Código 8465 (Harmonized System 2012 by 4 digits)

 2023: US$201M, Total Trade Exchange

2023: US$47.2M, International Sales

  2023: US$153M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras was US$201M.

In 2023, the states with the most international sales in Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were Tamaulipas (US$35.7M), Chihuahua (US$2.08M), Estado de México (US$1.86M), Jalisco (US$1.54M), and Sonora (US$937k).

The states with the most international purchases in 2023 were Baja California (US$28.4M), Jalisco (US$26.6M), Estado de México (US$16.7M), Nuevo León (US$16.5M), and Ciudad de México (US$15.5M).

In 2023, the main commercial destinations of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were United States (US$39.7M), Canada (US$2.51M), China (US$578k), Honduras (US$493k), and Guatemala (US$479k).

The main commercial origins of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras in 2023 were United States (US$37.9M), China (US$37.5M), Germany (US$24.1M), Italy (US$16.9M), and Taiwan (Republic of China) (US$7.71M).

In the global context, the main exporting countries of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras in 2022 were China (US$2.71B), Germany (US$1.77B), and Italy (US$1.2B). In the same year, the main importing countries of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were United States (US$1.78B), Germany (US$680M), and Canada (US$411M).

Trade Balance of Mexico

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Net Trade Balance

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US$201M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras in Mexico (including international purchases and sales) was US$201M.

The visualizations show the net balance of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras 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$13.3M, International Purchases
  • US$3.08M, International Sales

In July 2024, international sales of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were US$3.08M, while international purchases reached US$13.3M. The above results in a trade balance of -US$10.2M.

Market Concentration

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2024-Q3: US$2.97M, International Sales

The visualization shows the quarterly concentration of international sales of Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras at state level.

In the third quarter of 2024, international sales were US$2.97M, being the states with the most sales Tamaulipas (US$1.91M), Chihuahua (US$742k), and Estado de México (US$118k).

Exchange by Territory

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International Sales

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Tamaulipas: US$35.7M, State with the Most International Sales (2023)

United States: US$39.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were Tamaulipas (US$35.7M), Chihuahua (US$2.08M), Estado de México (US$1.86M), Jalisco (US$1.54M), and Sonora (US$937k).

In 2023, the countries with the most international purchases from Mexico were United States (US$39.7M), Canada (US$2.51M), China (US$578k), Honduras (US$493k), and Guatemala (US$479k).

International Purchases

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Baja California: US$28.4M, State with the Most International Purchases (2023)

United States: US$37.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were Baja California (US$28.4M), Jalisco (US$26.6M), Estado de México (US$16.7M), Nuevo León (US$16.5M), and Ciudad de México (US$15.5M).

The countries with the most international sales to Mexico in 2023 were United States (US$37.9M), China (US$37.5M), Germany (US$24.1M), Italy (US$16.9M), and Taiwan (Republic of China) (US$7.71M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras. 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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  • 0.43%, Mexican share in global exports - 2022
  • 1.41%, Mexican share in global imports - 2022

The visualizations show the global market for Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras. 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 Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were China (US$2.71B), Germany (US$1.77B), and Italy (US$1.2B). In the same year, the main importing countries for Machine Tools (Including Machines for Nailing, Stapling, Glueing or otherwise Assembling) for Working Wood, Cork, Rubber, Plastic Rigid or Related Materials Duras were United States (US$1.78B), Germany (US$680M), and Canada (US$411M).