ProceduresGovernment

Machinery; Parts of Escalators, Conveyors, Winches and Similar

Código 8431 (Harmonized System 2012 by 4 digits)

 2021: US$2.59B, Total Trade Exchange

2021: US$1.63B, International Sales

  2021: US$958M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Machinery; Parts of Escalators, Conveyors, Winches and Similar was US$2.59B.

In 2021, the states with the most international sales in Machinery; Parts of Escalators, Conveyors, Winches and Similar were Nuevo León (US$793M), Coahuila de Zaragoza (US$319M), Jalisco (US$185M), Querétaro (US$128M), and Tamaulipas (US$54.2M).

The states with the most international purchases in 2021 were Nuevo León (US$228M), Ciudad de México (US$158M), Coahuila de Zaragoza (US$111M), Jalisco (US$74.7M), and Estado de México (US$69.9M).

In 2021, the main commercial destinations of Machinery; Parts of Escalators, Conveyors, Winches and Similar were United States (US$1.56B), Brazil (US$32.2M), Canada (US$6.82M), United Kingdom (US$3.37M), and Italy (US$3.2M).

The main commercial origins of Machinery; Parts of Escalators, Conveyors, Winches and Similar in 2021 were United States (US$455M), China (US$152M), Canada (US$59.4M), Germany (US$46.7M), and Japan (US$38.6M).

In the global context, the main exporting countries of Machinery; Parts of Escalators, Conveyors, Winches and Similar in 2020 were China (US$8.28B), Germany (US$5.11B), and United States (US$5.04B). In the same year, the main importing countries of Machinery; Parts of Escalators, Conveyors, Winches and Similar were United States (US$7.33B), Germany (US$3.92B), and France (US$2.44B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.59B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Machinery; Parts of Escalators, Conveyors, Winches and Similar in Mexico (including international purchases and sales) was US$2.59B.

The visualizations show the net balance of Machinery; Parts of Escalators, Conveyors, Winches and Similar 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$111M, International Purchases
  • US$158M, International Sales

In August 2022, international sales of Machinery; Parts of Escalators, Conveyors, Winches and Similar were US$158M, while international purchases reached US$111M. The above results in a trade balance of US$47M.

Market Concentration

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2022-Q3: US$314M, International Sales

The visualization shows the quarterly concentration of international sales of Machinery; Parts of Escalators, Conveyors, Winches and Similar at state level.

In the third quarter of 2022, international sales were US$314M, being the states with the most sales Nuevo León (US$158M), Coahuila de Zaragoza (US$61.4M), and Querétaro (US$28.8M).

Exchange by Territory

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International Sales

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Nuevo León: US$793M, State with the Most International Sales (2021)

United States: US$1.56B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Machinery; Parts of Escalators, Conveyors, Winches and Similar were Nuevo León (US$793M), Coahuila de Zaragoza (US$319M), Jalisco (US$185M), Querétaro (US$128M), and Tamaulipas (US$54.2M).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.56B), Brazil (US$32.2M), Canada (US$6.82M), United Kingdom (US$3.37M), and Italy (US$3.2M).

International Purchases

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Nuevo León: US$228M, State with the Most International Purchases (2021)

United States: US$455M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Machinery; Parts of Escalators, Conveyors, Winches and Similar were Nuevo León (US$228M), Ciudad de México (US$158M), Coahuila de Zaragoza (US$111M), Jalisco (US$74.7M), and Estado de México (US$69.9M).

The countries with the most international sales to Mexico in 2021 were United States (US$455M), China (US$152M), Canada (US$59.4M), Germany (US$46.7M), and Japan (US$38.6M).

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; Parts of Escalators, Conveyors, Winches and Similar  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery; Parts of Escalators, Conveyors, Winches and Similar. 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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  • 2.49%, Mexican share in global exports - 2020
  • 1.44%, Mexican share in global imports - 2020

The visualizations show the global market for Machinery; Parts of Escalators, Conveyors, Winches and Similar. 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; Parts of Escalators, Conveyors, Winches and Similar were China (US$8.28B), Germany (US$5.11B), and United States (US$5.04B). In the same year, the main importing countries for Machinery; Parts of Escalators, Conveyors, Winches and Similar were United States (US$7.33B), Germany (US$3.92B), and France (US$2.44B).