Vehicle Bodies of Headings 8701 to 8705, Including Cabs

Código 8707 (Harmonized System 2012 by 4 digits)

 2020: US$147M, Total Trade Exchange

2020: US$91.9M, International Sales

  2020: US$54.8M, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Vehicle Bodies of Headings 8701 to 8705, Including Cabs was N/A.

In 2020, the states with the most international sales in Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Ciudad de México (US$3.74M), Sonora (US$3.22M), Puebla (US$2.66M), Chihuahua (US$1.33M), and Aguascalientes (US$1.31M).

In the same year, the states with the most international purchases were Hidalgo (US$18.2M), Ciudad de México (US$7.12M), Baja California (US$7.09M), Veracruz de Ignacio de la Llave (US$4.29M), and Jalisco (US$3.64M).

In 2020, the main commercial destinations of Vehicle Bodies of Headings 8701 to 8705, Including Cabs were United States (US$9.41M), Chile (US$1.12M), Germany (US$844k), Peru (US$260k), and Japan (US$160k).

In the same year, the main commercial origins of Vehicle Bodies of Headings 8701 to 8705, Including Cabs were China (US$26.3M), United States (US$13.2M), Brazil (US$6.66M), Japan (US$4.97M), and Turkey (US$872k).

In the global context, the main exporting countries of Vehicle Bodies of Headings 8701 to 8705, Including Cabs in 2019 were Germany (US$1.65B), Sweden (US$1.06B), and United States (US$868M). In the same year, the main importing countries of Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Netherlands (US$1.88B), Russia (US$1.54B), and United States (US$964M).

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 Vehicle Bodies of Headings 8701 to 8705, Including Cabs in Mexico (including international purchases and sales) was N/A.

The visualizations show the net balance of Vehicle Bodies of Headings 8701 to 8705, Including Cabs 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$5.34M, International Purchases

 February, 2021: US$15.9M, International Sales

In February 2021, international sales of Vehicle Bodies of Headings 8701 to 8705, Including Cabs were US$15.9M, while international purchases reached US$5.34M. The above results in a trade balance of $ 10.5M.

Market Concentration

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2020-Q4: US$15.5M, International Sales

The visualization shows the quarterly concentration of international sales of Vehicle Bodies of Headings 8701 to 8705, Including Cabs at state level.

In the fourth quarter of 2020, international sales were US$15.5M, being the states with the most sales Nuevo León (US$14.4M), Ciudad de México (US$898k), and Chihuahua (US$247k).

Exchange by Territory

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International Sales

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Ciudad de México: US$3.74M, State with the Most International Sales (2020)

United States: US$9.41M, Main commercial destination (2020)

In 2020, the states with the highest international sales in Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Ciudad de México (US$3.74M), Sonora (US$3.22M), Puebla (US$2.66M), Chihuahua (US$1.33M), and Aguascalientes (US$1.31M).

In 2020, the countries with the most international purchases from Mexico were United States (US$9.41M), Chile (US$1.12M), Germany (US$844k), Peru (US$260k), and Japan (US$160k).

International Purchases

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Hidalgo: US$18.2M, State with the Most International Purchases (2020)

China: US$26.3M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Hidalgo (US$18.2M), Ciudad de México (US$7.12M), Baja California (US$7.09M), Veracruz de Ignacio de la Llave (US$4.29M), and Jalisco (US$3.64M).

The countries with the most international sales to Mexico were China (US$26.3M), United States (US$13.2M), Brazil (US$6.66M), Japan (US$4.97M), and Turkey (US$872k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Vehicle Bodies of Headings 8701 to 8705, Including Cabs  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Vehicle Bodies of Headings 8701 to 8705, Including Cabs. 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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  • 2.16%, Mexican share in global exports - 2019
  • 0.67%, Mexican share in global imports - 2019

The visualizations show the global market for Vehicle Bodies of Headings 8701 to 8705, Including Cabs. 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 Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Germany (US$1.65B), Sweden (US$1.06B), and United States (US$868M). In the same year, the main importing countries for Vehicle Bodies of Headings 8701 to 8705, Including Cabs were Netherlands (US$1.88B), Russia (US$1.54B), and United States (US$964M).