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Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques)

Código 711411 (Harmonized System 2012 by 6 digits)

 2023: US$5.39M, Total Trade Exchange

2023: US$5.12M, International Sales

  2023: US$271k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) was US$5.39M.

In 2023, the states with the most international sales in Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were Ciudad de México (US$5.08M).

The states with the most international purchases in 2023 were Ciudad de México (US$138k).

In 2023, the main commercial destinations of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were United States (US$4.79M), United Kingdom (US$105k), Taiwan (Republic of China) (US$66.6k), Bahamas (US$60k), and Chile (US$19.9k).

The main commercial origins of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) in 2023 were France (US$64.6k), United States (US$37.4k), Italy (US$31.4k), Germany (US$2.91k), and Peru (US$1.05k).

In the global context, the main exporting countries of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) in 2022 were China (US$48.6M), Italy (US$42.6M), and Turkey (US$41.3M). In the same year, the main importing countries of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were United States (US$48.8M), Israel (US$26.2M), and Switzerland (US$20.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$5.39M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) in Mexico (including international purchases and sales) was US$5.39M.

The visualizations show the net balance of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) 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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November, 2024

  • US$25.6k, International Purchases
  • US$9.09k, International Sales

In November 2024, international sales of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were US$9.09k, while international purchases reached US$25.6k. The above results in a trade balance of -US$16.5k.

Market Concentration

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2024-Q4: US$9.09k, International Sales

The visualization shows the quarterly concentration of international sales of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) at state level.

In the fourth quarter of 2024, international sales were US$9.09k, being the states with the most sales Jalisco (US$9.09k).

Exchange by Territory

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International Sales

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Ciudad de México: US$5.08M, State with the Most International Sales (2023)

United States: US$4.79M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were Ciudad de México (US$5.08M).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.79M), United Kingdom (US$105k), Taiwan (Republic of China) (US$66.6k), Bahamas (US$60k), and Chile (US$19.9k).

International Purchases

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Ciudad de México: US$138k, State with the Most International Purchases (2023)

France: US$64.6k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were Ciudad de México (US$138k).

The countries with the most international sales to Mexico in 2023 were France (US$64.6k), United States (US$37.4k), Italy (US$31.4k), Germany (US$2.91k), and Peru (US$1.05k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques). 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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  • 0.39%, Mexican share in global exports - 2022
  • 0.037%, Mexican share in global imports - 2022

The visualizations show the global market for Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques). In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2022, the main exporting countries of Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were China (US$48.6M), Italy (US$42.6M), and Turkey (US$41.3M). In the same year, the main importing countries for Articles of Goldsmiths and Parts, Silver, Incl. Coated or Plated with Precious Metal "Plaqué" his (Exc. Jewelery, Horological, Musical Instruments, Weapons, Perfume Atomizers and Heads, Works Orginales and Statuary Sculpture, Objects and Antiques) were United States (US$48.8M), Israel (US$26.2M), and Switzerland (US$20.7M).