ProceduresGovernment

Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere

Código 8479 (Harmonized System 2012 by 4 digits)

 2021: US$4.96B, Total Trade Exchange

2021: US$1.79B, International Sales

  2021: US$3.16B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere was US$4.96B.

In 2021, the states with the most international sales in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Sonora (US$519M), Tamaulipas (US$271M), Baja California (US$232M), Nuevo León (US$188M), and Coahuila de Zaragoza (US$122M).

The states with the most international purchases in 2021 were Ciudad de México (US$600M), Nuevo León (US$418M), Chihuahua (US$279M), Baja California (US$277M), and Tamaulipas (US$219M).

In 2021, the main commercial destinations of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were United States (US$1.62B), Canada (US$56.1M), Germany (US$16M), Saudi Arabia (US$10.4M), and China (US$7.39M).

The main commercial origins of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere in 2021 were United States (US$1.07B), China (US$443M), Germany (US$380M), Japan (US$352M), and South Korea (US$188M).

In the global context, the main exporting countries of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere in 2020 were Germany (US$15.1B), China (US$9.63B), and Japan (US$9.39B). In the same year, the main importing countries of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were China (US$10.7B), United States (US$9.78B), and Germany (US$5.15B).

Trade Balance of Mexico

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Net Trade Balance

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US$4.96B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere in Mexico (including international purchases and sales) was US$4.96B.

The visualizations show the net balance of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere 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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August, 2022

  • US$363M, International Purchases
  • US$171M, International Sales

In August 2022, international sales of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were US$171M, while international purchases reached US$363M. The above results in a trade balance of -US$191M.

Market Concentration

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2022-Q3: US$344M, International Sales

The visualization shows the quarterly concentration of international sales of Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere at state level.

In the third quarter of 2022, international sales were US$344M, being the states with the most sales Sonora (US$109M), Tamaulipas (US$55.1M), and Nuevo León (US$35.8M).

Exchange by Territory

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International Sales

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Sonora: US$519M, State with the Most International Sales (2021)

United States: US$1.62B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Sonora (US$519M), Tamaulipas (US$271M), Baja California (US$232M), Nuevo León (US$188M), and Coahuila de Zaragoza (US$122M).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.62B), Canada (US$56.1M), Germany (US$16M), Saudi Arabia (US$10.4M), and China (US$7.39M).

International Purchases

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Ciudad de México: US$600M, State with the Most International Purchases (2021)

United States: US$1.07B, Main Commercial Origin (2021)

In 2021, the states with the highest international in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Ciudad de México (US$600M), Nuevo León (US$418M), Chihuahua (US$279M), Baja California (US$277M), and Tamaulipas (US$219M).

The countries with the most international sales to Mexico in 2021 were United States (US$1.07B), China (US$443M), Germany (US$380M), Japan (US$352M), and South Korea (US$188M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere. 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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  • 1.94%, Mexican share in global exports - 2020
  • 2.95%, Mexican share in global imports - 2020

The visualizations show the global market for Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere. 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 Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were Germany (US$15.1B), China (US$9.63B), and Japan (US$9.39B). In the same year, the main importing countries for Machinery and Mechanical Appliances Having Individual Functions, not Specified Elsewhere were China (US$10.7B), United States (US$9.78B), and Germany (US$5.15B).