ProceduresGovernment

Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features

Código 8487 (Harmonized System 2012 by 4 digits)

 2021: US$461M, Total Trade Exchange

2021: US$239M, International Sales

  2021: US$222M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features was US$461M.

In 2021, the states with the most international sales in Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were Jalisco (US$88.7M), Morelos (US$44.4M), Tamaulipas (US$27.8M), Estado de México (US$19.7M), and Nuevo León (US$18.1M).

The states with the most international purchases in 2021 were Nuevo León (US$31.2M), Guanajuato (US$28M), Querétaro (US$27.1M), Baja California (US$19.8M), and Tamaulipas (US$19.4M).

In 2021, the main commercial destinations of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were United States (US$210M), Canada (US$7.27M), China (US$5.95M), Brazil (US$1.82M), and Germany (US$1.78M).

The main commercial origins of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features in 2021 were United States (US$101M), Taiwan (US$23.7M), Japan (US$19.6M), China (US$18.8M), and Germany (US$13.5M).

In the global context, the main exporting countries of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features in 2020 were China (US$1.64B), Germany (US$1.36B), and Japan (US$569M). In the same year, the main importing countries of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were China (US$654M), United States (US$602M), and Germany (US$568M).

Trade Balance of Mexico

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Net Trade Balance

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US$461M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features in Mexico (including international purchases and sales) was US$461M.

The visualizations show the net balance of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features 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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June, 2022

  • US$21.3M, International Purchases
  • US$23.9M, International Sales

In June 2022, international sales of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were US$23.9M, while international purchases reached US$21.3M. The above results in a trade balance of US$2.54M.

Market Concentration

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2022-Q2: US$53.4M, International Sales

The visualization shows the quarterly concentration of international sales of Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features at state level.

In the second quarter of 2022, international sales were US$53.4M, being the states with the most sales Jalisco (US$26.7M), Tamaulipas (US$10.2M), and Ciudad de México (US$6.02M).

Exchange by Territory

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International Sales

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Jalisco: US$88.7M, State with the Most International Sales (2021)

United States: US$210M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were Jalisco (US$88.7M), Morelos (US$44.4M), Tamaulipas (US$27.8M), Estado de México (US$19.7M), and Nuevo León (US$18.1M).

In 2021, the countries with the most international purchases from Mexico were United States (US$210M), Canada (US$7.27M), China (US$5.95M), Brazil (US$1.82M), and Germany (US$1.78M).

International Purchases

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Nuevo León: US$31.2M, State with the Most International Purchases (2021)

United States: US$101M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were Nuevo León (US$31.2M), Guanajuato (US$28M), Querétaro (US$27.1M), Baja California (US$19.8M), and Tamaulipas (US$19.4M).

The countries with the most international sales to Mexico in 2021 were United States (US$101M), Taiwan (US$23.7M), Japan (US$19.6M), China (US$18.8M), and Germany (US$13.5M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features. 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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  • 1.98%, Mexican share in global exports - 2020
  • 2.34%, Mexican share in global imports - 2020

The visualizations show the global market for Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features. 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 Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were China (US$1.64B), Germany (US$1.36B), and Japan (US$569M). In the same year, the main importing countries for Parts of Machinery or Apparatus, not Specified or Elsewhere, without Electric Connections, Insulators, Coils, Contacts or other Electrical Features were China (US$654M), United States (US$602M), and Germany (US$568M).