Other Engines and Motors
Código 8412 (Harmonized System 2012 by 4 digits)
2022: US$740M, Total Trade Exchange
2022: US$281M, International Sales
2022: US$459M, International Purchases
In 2022, the trade exchange (includes international purchases and sales) of Other Engines and Motors was US$740M.
In 2022, the states with the most international sales in Other Engines and Motors were Nuevo León (US$101M), Coahuila de Zaragoza (US$59M), Ciudad de México (US$30.1M), Querétaro (US$26.7M), and Chihuahua (US$23.7M).
The states with the most international purchases in 2022 were Nuevo León (US$108M), Coahuila de Zaragoza (US$56M), Ciudad de México (US$49.7M), Guanajuato (US$42.2M), and Baja California (US$36.6M).
In 2022, the main commercial destinations of Other Engines and Motors were United States (US$254M), Canada (US$10.3M), Brazil (US$4.81M), India (US$1.92M), and Colombia (US$1.33M).
The main commercial origins of Other Engines and Motors in 2022 were United States (US$205M), China (US$77.1M), Germany (US$35.7M), Japan (US$19.4M), and South Korea (US$18.4M).
In the global context, the main exporting countries of Other Engines and Motors in 2020 were China (US$3.48B), Germany (US$3.33B), and United States (US$2.5B). In the same year, the main importing countries of Other Engines and Motors were United States (US$5.22B), Germany (US$1.92B), and China (US$1.88B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$740M, Total Trade Exchange (2022)
In 2022, the total trade exchange of Other Engines and Motors in Mexico (including international purchases and sales) was US$740M.
The visualizations show the net balance of Other Engines and Motors 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
#permalink to sectionDecember, 2022
- US$39M, International Purchases
- US$24.1M, International Sales
In December 2022, international sales of Other Engines and Motors were US$24.1M, while international purchases reached US$39M. The above results in a trade balance of -US$14.8M.
Market Concentration
#permalink to section2022-Q4: US$71.4M, International Sales
The visualization shows the quarterly concentration of international sales of Other Engines and Motors at state level.
In the fourth quarter of 2022, international sales were US$71.4M, being the states with the most sales Nuevo León (US$31.7M), Coahuila de Zaragoza (US$14M), and Querétaro (US$6.33M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$101M, State with the Most International Sales (2022)
United States: US$254M, Main commercial destination (2022)
In 2022, the states with the highest international sales in Other Engines and Motors were Nuevo León (US$101M), Coahuila de Zaragoza (US$59M), Ciudad de México (US$30.1M), Querétaro (US$26.7M), and Chihuahua (US$23.7M).
In 2022, the countries with the most international purchases from Mexico were United States (US$254M), Canada (US$10.3M), Brazil (US$4.81M), India (US$1.92M), and Colombia (US$1.33M).
International Purchases
#permalink to sectionNuevo León: US$108M, State with the Most International Purchases (2022)
United States: US$205M, Main Commercial Origin (2022)
In 2022, the states with the highest international in Other Engines and Motors were Nuevo León (US$108M), Coahuila de Zaragoza (US$56M), Ciudad de México (US$49.7M), Guanajuato (US$42.2M), and Baja California (US$36.6M).
The countries with the most international sales to Mexico in 2022 were United States (US$205M), China (US$77.1M), Germany (US$35.7M), Japan (US$19.4M), and South Korea (US$18.4M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Other Engines and Motors and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Other Engines and Motors. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.13%, Mexican share in global exports - 2020
- 1.39%, Mexican share in global imports - 2020
The visualizations show the global market for Other Engines and Motors. 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 Other Engines and Motors were China (US$3.48B), Germany (US$3.33B), and United States (US$2.5B). In the same year, the main importing countries for Other Engines and Motors were United States (US$5.22B), Germany (US$1.92B), and China (US$1.88B).