Código 8509 (Harmonized System 2012 by 4 digits)
2023: US$458M, Total Trade Exchange
2023: US$198M, International Sales
2023: US$260M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 was US$458M.
In 2023, the states with the most international sales in Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were Baja California (US$7.67M), Jalisco (US$6.71M), Ciudad de México (US$2.66M), Nuevo León (US$1.9M), and Estado de México (US$789k).
The states with the most international purchases in 2023 were Ciudad de México (US$169M), Coahuila de Zaragoza (US$26.4M), Estado de México (US$23M), Jalisco (US$18.5M), and Nuevo León (US$11.7M).
In 2023, the main commercial destinations of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were United States (US$16.7M), Guatemala (US$750k), El Salvador (US$648k), Hong Kong (US$378k), and Colombia (US$316k).
The main commercial origins of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 in 2023 were United States (US$128M), China (US$109M), Colombia (US$10.4M), South Korea (US$2.26M), and Germany (US$2.1M).
In the global context, the main exporting countries of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 in 2022 were China (US$10.5B), Germany (US$1.2B), and United States (US$696M). In the same year, the main importing countries of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were United States (US$3.54B), Germany (US$1.74B), and Japan (US$802M).
US$458M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 in Mexico (including international purchases and sales) was US$458M.
The visualizations show the net balance of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 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.
July, 2024
In July 2024, international sales of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were US$20.3M, while international purchases reached US$23.7M. The above results in a trade balance of -US$3.48M.
2024-Q3: US$3.65M, International Sales
The visualization shows the quarterly concentration of international sales of Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 at state level.
In the third quarter of 2024, international sales were US$3.65M, being the states with the most sales Baja California (US$1.35M), Jalisco (US$1.33M), and Nuevo León (US$330k).
Baja California: US$7.67M, State with the Most International Sales (2023)
United States: US$16.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were Baja California (US$7.67M), Jalisco (US$6.71M), Ciudad de México (US$2.66M), Nuevo León (US$1.9M), and Estado de México (US$789k).
In 2023, the countries with the most international purchases from Mexico were United States (US$16.7M), Guatemala (US$750k), El Salvador (US$648k), Hong Kong (US$378k), and Colombia (US$316k).
Ciudad de México: US$169M, State with the Most International Purchases (2023)
United States: US$128M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were Ciudad de México (US$169M), Coahuila de Zaragoza (US$26.4M), Estado de México (US$23M), Jalisco (US$18.5M), and Nuevo León (US$11.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$128M), China (US$109M), Colombia (US$10.4M), South Korea (US$2.26M), and Germany (US$2.1M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08. 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.
The visualizations show the global market for Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08. 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 Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were China (US$10.5B), Germany (US$1.2B), and United States (US$696M). In the same year, the main importing countries for Electromechanical Devices with Electric Motor Incorporated, for Domestic Use, other than Vacuum Cleaners of Heading 85.08 were United States (US$3.54B), Germany (US$1.74B), and Japan (US$802M).