ProceduresGovernment

Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus

Código 7113 (Harmonized System 2012 by 4 digits)

 2023: US$1.31B, Total Trade Exchange

2023: US$392M, International Sales

  2023: US$916M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus was US$1.31B.

In 2023, the states with the most international sales in Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were Yucatán (US$222M), Jalisco (US$65.2M), Baja California (US$45.2M), Ciudad de México (US$29M), and Nuevo León (US$19.2M).

The states with the most international purchases in 2023 were Ciudad de México (US$619M), Yucatán (US$100M), Jalisco (US$87.4M), Estado de México (US$26.2M), and Quintana Roo (US$25.6M).

In 2023, the main commercial destinations of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were United States (US$350M), Canada (US$17.8M), United Kingdom (US$7.91M), Switzerland (US$4.68M), and Guatemala (US$1.88M).

The main commercial origins of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus in 2023 were Italy (US$226M), Turkey (US$195M), United States (US$164M), Thailand (US$132M), and Indonesia (US$44.3M).

In the global context, the main exporting countries of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus in 2022 were India (US$12.9B), China (US$11.2B), and United Arab Emirates (US$10.8B). In the same year, the main importing countries of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were Hong Kong (US$19.3B), United States (US$13.4B), and United Arab Emirates (US$11.1B).

Trade Balance of Mexico

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Net Trade Balance

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US$1.31B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus in Mexico (including international purchases and sales) was US$1.31B.

The visualizations show the net balance of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus 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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July, 2024

  • US$85.5M, International Purchases
  • US$34M, International Sales

In July 2024, international sales of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were US$34M, while international purchases reached US$85.5M. The above results in a trade balance of -US$51.5M.

Market Concentration

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2024-Q3: US$31.1M, International Sales

The visualization shows the quarterly concentration of international sales of Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus at state level.

In the third quarter of 2024, international sales were US$31.1M, being the states with the most sales Yucatán (US$14.3M), Jalisco (US$6.12M), and Baja California (US$5.85M).

Exchange by Territory

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International Sales

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Yucatán: US$222M, State with the Most International Sales (2023)

United States: US$350M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were Yucatán (US$222M), Jalisco (US$65.2M), Baja California (US$45.2M), Ciudad de México (US$29M), and Nuevo León (US$19.2M).

In 2023, the countries with the most international purchases from Mexico were United States (US$350M), Canada (US$17.8M), United Kingdom (US$7.91M), Switzerland (US$4.68M), and Guatemala (US$1.88M).

International Purchases

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Ciudad de México: US$619M, State with the Most International Purchases (2023)

Italy: US$226M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were Ciudad de México (US$619M), Yucatán (US$100M), Jalisco (US$87.4M), Estado de México (US$26.2M), and Quintana Roo (US$25.6M).

The countries with the most international sales to Mexico in 2023 were Italy (US$226M), Turkey (US$195M), United States (US$164M), Thailand (US$132M), and Indonesia (US$44.3M).

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 Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus. 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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  • 0.35%, Mexican share in global exports - 2022
  • 0.83%, Mexican share in global imports - 2022

The visualizations show the global market for Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus. 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 Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were India (US$12.9B), China (US$11.2B), and United Arab Emirates (US$10.8B). In the same year, the main importing countries for Articles of Jewelery and Parts, of Precious Metal or Clad with Precious Metal (Plated) Sus were Hong Kong (US$19.3B), United States (US$13.4B), and United Arab Emirates (US$11.1B).