Railway (Train) Equipment and Vehicles

Code 86 (Harmonized System 2012 by 2 digits)

 2020: US$2.73B, Total Trade Exchange

2020: US$2.07B, International Sales

  2020: US$656M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Railway (Train) Equipment and Vehicles was N/A.

In 2020, the states with the most international sales in Railway (Train) Equipment and Vehicles were Ciudad de México (US$815M), Coahuila de Zaragoza (US$539M), Nuevo León (US$78.2M), San Luis Potosí (US$11.8M), and Estado de México (US$7.48M).

In the same year, the states with the most international purchases were Ciudad de México (US$262M), Coahuila de Zaragoza (US$115M), Nuevo León (US$51.4M), San Luis Potosí (US$38.2M), and Michoacán de Ocampo (US$4.02M).

In 2020, the main commercial destinations of Railway (Train) Equipment and Vehicles were United States (US$1.43B), Canada (US$20.1M), Peru (US$4.6M), Brazil (US$1.45M), and Panama (US$386k).

In the same year, the main commercial origins of Railway (Train) Equipment and Vehicles were United States (US$333M), China (US$63.2M), Spain (US$26.4M), Germany (US$16.1M), and India (US$6.96M).

In the global context, the main exporting countries of Railway (Train) Equipment and Vehicles in 2019 were Germany (US$4.5B), China (US$4.39B), and Mexico (US$4.05B). In the same year, the main importing countries of Railway (Train) Equipment and Vehicles were United States (US$5.37B), Germany (US$3.36B), and United Kingdom (US$2.94B).

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 Railway (Train) Equipment and Vehicles in Mexico (including international purchases and sales) was N/A.

The visualizations show the net balance of Railway (Train) Equipment and Vehicles 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$92.7M, International Purchases

 February, 2021: US$95.2M, International Sales

In February 2021, international sales of Railway (Train) Equipment and Vehicles were US$95.2M, while international purchases reached US$92.7M. The above results in a trade balance of $ 2.42M.

Market Concentration

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The visualization shows the quarterly concentration of international sales of Railway (Train) Equipment and Vehicles at state level.

Exchange by Territory

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International Sales

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Ciudad de México: US$815M, State with the Most International Sales (2020)

United States: US$1.43B, Main commercial destination (2020)

In 2020, the states with the highest international sales in Railway (Train) Equipment and Vehicles were Ciudad de México (US$815M), Coahuila de Zaragoza (US$539M), Nuevo León (US$78.2M), San Luis Potosí (US$11.8M), and Estado de México (US$7.48M).

In 2020, the countries with the most international purchases from Mexico were United States (US$1.43B), Canada (US$20.1M), Peru (US$4.6M), Brazil (US$1.45M), and Panama (US$386k).

International Purchases

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Ciudad de México: US$262M, State with the Most International Purchases (2020)

United States: US$333M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Railway (Train) Equipment and Vehicles were Ciudad de México (US$262M), Coahuila de Zaragoza (US$115M), Nuevo León (US$51.4M), San Luis Potosí (US$38.2M), and Michoacán de Ocampo (US$4.02M).

The countries with the most international sales to Mexico were United States (US$333M), China (US$63.2M), Spain (US$26.4M), Germany (US$16.1M), and India (US$6.96M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Railway (Train) Equipment and Vehicles  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Railway (Train) Equipment and Vehicles. 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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  • 10.9%, Mexican share in global exports - 2019
  • 2.95%, Mexican share in global imports - 2019

The visualizations show the global market for Railway (Train) Equipment and Vehicles. 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 Railway (Train) Equipment and Vehicles were Germany (US$4.5B), China (US$4.39B), and Mexico (US$4.05B). In the same year, the main importing countries for Railway (Train) Equipment and Vehicles were United States (US$5.37B), Germany (US$3.36B), and United Kingdom (US$2.94B).