Turbojets, Turbopropellers and other Gas Turbines

Código 8411 (Harmonized System 2012 by 4 digits)

 2021: US$4.73B, Total Trade Exchange

2021: US$2.64B, International Sales

  2021: US$2.09B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Turbojets, Turbopropellers and other Gas Turbines was US$4.73B.

In 2021, the states with the most international sales in Turbojets, Turbopropellers and other Gas Turbines were Nuevo León (US$600M), Querétaro (US$584M), Ciudad de México (US$567M), Baja California (US$473M), and Sonora (US$161M).

The states with the most international purchases in 2021 were Nuevo León (US$571M), Ciudad de México (US$507M), Querétaro (US$362M), Baja California (US$289M), and Yucatán (US$201M).

In 2021, the main commercial destinations of Turbojets, Turbopropellers and other Gas Turbines were United States (US$1.9B), France (US$168M), Germany (US$74.6M), United Kingdom (US$65.9M), and Spain (US$64.1M).

The main commercial origins of Turbojets, Turbopropellers and other Gas Turbines in 2021 were United States (US$1.8B), Japan (US$103M), France (US$34.7M), United Kingdom (US$27.8M), and Switzerland (US$26.2M).

In the global context, the main exporting countries of Turbojets, Turbopropellers and other Gas Turbines in 2020 were United States (US$45.5B), United Kingdom (US$16.3B), and France (US$10.8B). In the same year, the main importing countries of Turbojets, Turbopropellers and other Gas Turbines were United States (US$21.5B), Singapore (US$11.6B), and United Kingdom (US$11.2B).

Trade Balance of Mexico

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Net Trade Balance

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US$4.73B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Turbojets, Turbopropellers and other Gas Turbines in Mexico (including international purchases and sales) was US$4.73B.

The visualizations show the net balance of Turbojets, Turbopropellers and other Gas Turbines 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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December, 2021

  • US$228M, International Purchases
  • US$230M, International Sales

In December 2021, international sales of Turbojets, Turbopropellers and other Gas Turbines were US$230M, while international purchases reached US$228M. The above results in a trade balance of US$1.89M.

Market Concentration

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2021-Q4: US$621M, International Sales

The visualization shows the quarterly concentration of international sales of Turbojets, Turbopropellers and other Gas Turbines at state level.

In the fourth quarter of 2021, international sales were US$621M, being the states with the most sales Nuevo León (US$188M), Baja California (US$145M), and Ciudad de México (US$117M).

Exchange by Territory

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International Sales

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Nuevo León: US$600M, State with the Most International Sales (2021)

United States: US$1.9B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Turbojets, Turbopropellers and other Gas Turbines were Nuevo León (US$600M), Querétaro (US$584M), Ciudad de México (US$567M), Baja California (US$473M), and Sonora (US$161M).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.9B), France (US$168M), Germany (US$74.6M), United Kingdom (US$65.9M), and Spain (US$64.1M).

International Purchases

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Nuevo León: US$571M, State with the Most International Purchases (2021)

United States: US$1.8B, Main Commercial Origin (2021)

In 2021, the states with the highest international in Turbojets, Turbopropellers and other Gas Turbines were Nuevo León (US$571M), Ciudad de México (US$507M), Querétaro (US$362M), Baja California (US$289M), and Yucatán (US$201M).

The countries with the most international sales to Mexico in 2021 were United States (US$1.8B), Japan (US$103M), France (US$34.7M), United Kingdom (US$27.8M), and Switzerland (US$26.2M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Turbojets, Turbopropellers and other Gas Turbines  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Turbojets, Turbopropellers and other Gas Turbines. 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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  • 1.24%, Mexican share in global exports - 2020
  • 1.59%, Mexican share in global imports - 2020

The visualizations show the global market for Turbojets, Turbopropellers and other Gas Turbines. 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 Turbojets, Turbopropellers and other Gas Turbines were United States (US$45.5B), United Kingdom (US$16.3B), and France (US$10.8B). In the same year, the main importing countries for Turbojets, Turbopropellers and other Gas Turbines were United States (US$21.5B), Singapore (US$11.6B), and United Kingdom (US$11.2B).