Boats and Floating Structures

Code 89 (Harmonized System 2012 by 2 digits)

 2020: US$689M, Total Trade Exchange

2020: US$637M, International Sales

  2020: US$51.7M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Boats and Floating Structures was N/A.

In 2020, the states with the most international sales in Boats and Floating Structures were Baja California (US$21.7M), Ciudad de México (US$2.33M), Nuevo León (US$1.57M), and Sinaloa (US$47.1k).

In the same year, the states with the most international purchases were Ciudad de México (US$17M), Baja California (US$13.1M), Yucatán (US$5.57M), Sinaloa (US$3.55M), and Estado de México (US$1.54M).

In 2020, the main commercial destinations of Boats and Floating Structures were United States (US$22M), Dominican Republic (US$2.19M), Canada (US$1.42M), United Kingdom (US$28.8k), and Slovenia (US$27.6k).

In the same year, the main commercial origins of Boats and Floating Structures were United States (US$30.5M), Japan (US$3.81M), China (US$2.21M), India (US$1.51M), and Canada (US$1.26M).

In the global context, the main exporting countries of Boats and Floating Structures in 2019 were China (US$18.1B), South Korea (US$18.1B), and Japan (US$13.8B). In the same year, the main importing countries of Boats and Floating Structures were Panama (US$9.57B), Singapore (US$7.63B), and Marshall Islands (US$7.18B).

Trade Balance of Mexico

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Net Trade Balance

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N/A, Total Trade Exchange (2020)

In 2020, the total trade exchange of Boats and Floating Structures in Mexico (including international purchases and sales) was N/A.

The visualizations show the net balance of Boats and Floating Structures 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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 February, 2021: US$116M, International Sales

In February 2021, international sales of Boats and Floating Structures were US$116M, while international purchases reached US$0. The above results in a trade balance of $ 116M.

Market Concentration

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The visualization shows the quarterly concentration of international sales of Boats and Floating Structures at state level.

Exchange by Territory

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International Sales

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Baja California: US$21.7M, State with the Most International Sales (2020)

United States: US$22M, Main commercial destination (2020)

In 2020, the states with the highest international sales in Boats and Floating Structures were Baja California (US$21.7M), Ciudad de México (US$2.33M), Nuevo León (US$1.57M), and Sinaloa (US$47.1k).

In 2020, the countries with the most international purchases from Mexico were United States (US$22M), Dominican Republic (US$2.19M), Canada (US$1.42M), United Kingdom (US$28.8k), and Slovenia (US$27.6k).

International Purchases

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Ciudad de México: US$17M, State with the Most International Purchases (2020)

United States: US$30.5M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Boats and Floating Structures were Ciudad de México (US$17M), Baja California (US$13.1M), Yucatán (US$5.57M), Sinaloa (US$3.55M), and Estado de México (US$1.54M).

The countries with the most international sales to Mexico were United States (US$30.5M), Japan (US$3.81M), China (US$2.21M), India (US$1.51M), and Canada (US$1.26M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Boats and Floating Structures  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Boats and Floating Structures. 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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  • 0.51%, Mexican share in global exports - 2019
  • 0.55%, Mexican share in global imports - 2019

The visualizations show the global market for Boats and Floating Structures. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2019, the main exporting countries of Boats and Floating Structures were China (US$18.1B), South Korea (US$18.1B), and Japan (US$13.8B). In the same year, the main importing countries for Boats and Floating Structures were Panama (US$9.57B), Singapore (US$7.63B), and Marshall Islands (US$7.18B).