ProceduresGovernment

Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric

Código 8417 (Harmonized System 2012 by 4 digits)

 2021: US$168M, Total Trade Exchange

2021: US$34.7M, International Sales

  2021: US$133M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric was US$168M.

In 2021, the states with the most international sales in Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were Nuevo León (US$26.7M), San Luis Potosí (US$3.9M), Ciudad de México (US$2.08M), Jalisco (US$760k), and Estado de México (US$333k).

The states with the most international purchases in 2021 were Ciudad de México (US$30.8M), Nuevo León (US$24.9M), Estado de México (US$16.4M), Baja California (US$9.2M), and Coahuila de Zaragoza (US$8.15M).

In 2021, the main commercial destinations of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were United States (US$28.5M), Canada (US$1.4M), Honduras (US$983k), China (US$914k), and Argentina (US$620k).

The main commercial origins of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric in 2021 were United States (US$52.6M), Italy (US$16.4M), Spain (US$15.5M), Germany (US$14M), and China (US$9.36M).

In the global context, the main exporting countries of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric in 2020 were China (US$961M), Germany (US$628M), and Italy (US$538M). In the same year, the main importing countries of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were United States (US$324M), Indonesia (US$315M), and China (US$262M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$168M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric in Mexico (including international purchases and sales) was US$168M.

The visualizations show the net balance of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric 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 section

June, 2022

  • US$25.6M, International Purchases
  • US$4.72M, International Sales

In June 2022, international sales of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were US$4.72M, while international purchases reached US$25.6M. The above results in a trade balance of -US$20.9M.

Market Concentration

#permalink to section

2022-Q2: US$8.6M, International Sales

The visualization shows the quarterly concentration of international sales of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric at state level.

In the second quarter of 2022, international sales were US$8.6M, being the states with the most sales Nuevo León (US$7.57M), Ciudad de México (US$993k), and Estado de México (US$38.7k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$26.7M, State with the Most International Sales (2021)

United States: US$28.5M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were Nuevo León (US$26.7M), San Luis Potosí (US$3.9M), Ciudad de México (US$2.08M), Jalisco (US$760k), and Estado de México (US$333k).

In 2021, the countries with the most international purchases from Mexico were United States (US$28.5M), Canada (US$1.4M), Honduras (US$983k), China (US$914k), and Argentina (US$620k).

International Purchases

#permalink to section

Ciudad de México: US$30.8M, State with the Most International Purchases (2021)

United States: US$52.6M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were Ciudad de México (US$30.8M), Nuevo León (US$24.9M), Estado de México (US$16.4M), Baja California (US$9.2M), and Coahuila de Zaragoza (US$8.15M).

The countries with the most international sales to Mexico in 2021 were United States (US$52.6M), Italy (US$16.4M), Spain (US$15.5M), Germany (US$14M), and China (US$9.36M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric. 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

#permalink to section

  • 0.94%, Mexican share in global exports - 2020
  • 2.47%, Mexican share in global imports - 2020

The visualizations show the global market for Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were China (US$961M), Germany (US$628M), and Italy (US$538M). In the same year, the main importing countries for Industrial Furnaces or Laboratory, Including Incinerators, Nonelectric were United States (US$324M), Indonesia (US$315M), and China (US$262M).