Código 8514 (Harmonized System 2012 by 4 digits)
2023: US$325M, Total Trade Exchange
2023: US$58.9M, International Sales
2023: US$266M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss was US$325M.
In 2023, the states with the most international sales in Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were Nuevo León (US$43.9M), Chihuahua (US$5.89M), Tamaulipas (US$1.78M), San Luis Potosí (US$1.69M), and Querétaro (US$1.2M).
The states with the most international purchases in 2023 were Nuevo León (US$34.7M), Ciudad de México (US$28.7M), Jalisco (US$28.6M), Baja California (US$25.2M), and Chihuahua (US$19.8M).
In 2023, the main commercial destinations of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were United States (US$53.7M), South Korea (US$604k), Germany (US$543k), Austria (US$453k), and China (US$428k).
The main commercial origins of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss in 2023 were United States (US$73.7M), China (US$49.1M), Germany (US$35.7M), Italy (US$21.4M), and South Korea (US$16.6M).
In the global context, the main exporting countries of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss in 2022 were China (US$1.2B), Germany (US$872M), and Italy (US$686M). In the same year, the main importing countries of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were China (US$782M), United States (US$671M), and Indonesia (US$281M).
US$325M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss in Mexico (including international purchases and sales) was US$325M.
The visualizations show the net balance of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss 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.
November, 2024
In November 2024, international sales of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were US$6.62M, while international purchases reached US$16.9M. The above results in a trade balance of -US$10.3M.
2024-Q4: US$10.8M, International Sales
The visualization shows the quarterly concentration of international sales of Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss at state level.
In the fourth quarter of 2024, international sales were US$10.8M, being the states with the most sales Nuevo León (US$7.79M), Chihuahua (US$1.26M), and Querétaro (US$993k).
Nuevo León: US$43.9M, State with the Most International Sales (2023)
United States: US$53.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were Nuevo León (US$43.9M), Chihuahua (US$5.89M), Tamaulipas (US$1.78M), San Luis Potosí (US$1.69M), and Querétaro (US$1.2M).
In 2023, the countries with the most international purchases from Mexico were United States (US$53.7M), South Korea (US$604k), Germany (US$543k), Austria (US$453k), and China (US$428k).
Nuevo León: US$34.7M, State with the Most International Purchases (2023)
United States: US$73.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were Nuevo León (US$34.7M), Ciudad de México (US$28.7M), Jalisco (US$28.6M), Baja California (US$25.2M), and Chihuahua (US$19.8M).
The countries with the most international sales to Mexico in 2023 were United States (US$73.7M), China (US$49.1M), Germany (US$35.7M), Italy (US$21.4M), and South Korea (US$16.6M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss. 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 Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss. 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 Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were China (US$1.2B), Germany (US$872M), and Italy (US$686M). In the same year, the main importing countries for Electric Furnaces Industrial or Laboratory, Including those Functioning by Induction or Dielectric Loss; other Industrial or Laboratory Equipment for the Heat Treatment of Materials by Induction or Dielectric Loss were China (US$782M), United States (US$671M), and Indonesia (US$281M).