Batteries and Batteries Electric
Código 8506 (Harmonized System 2012 by 4 digits)
2023: US$445M, Total Trade Exchange
2023: US$72.6M, International Sales
2023: US$372M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Batteries and Batteries Electric was US$445M.
In 2023, the states with the most international sales in Batteries and Batteries Electric were Baja California (US$55.7M), Tamaulipas (US$4.79M), Chihuahua (US$3.5M), Jalisco (US$2.37M), and Ciudad de México (US$1.81M).
The states with the most international purchases in 2023 were Chihuahua (US$102M), Ciudad de México (US$77.9M), Baja California (US$65.5M), Jalisco (US$31.1M), and Sonora (US$29.7M).
In 2023, the main commercial destinations of Batteries and Batteries Electric were United States (US$68.6M), Honduras (US$2.16M), Poland (US$269k), Brazil (US$257k), and Netherlands (US$219k).
The main commercial origins of Batteries and Batteries Electric in 2023 were China (US$95.3M), United States (US$86.2M), Japan (US$41.3M), South Korea (US$39.8M), and Israel (US$34.3M).
In the global context, the main exporting countries of Batteries and Batteries Electric in 2022 were China (US$3.16B), United States (US$832M), and Singapore (US$740M). In the same year, the main importing countries of Batteries and Batteries Electric were United States (US$1.16B), Germany (US$733M), and Malaysia (US$390M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$445M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Batteries and Batteries Electric in Mexico (including international purchases and sales) was US$445M.
The visualizations show the net balance of Batteries and Batteries Electric 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 sectionNovember, 2024
- US$33.6M, International Purchases
- US$3.72M, International Sales
In November 2024, international sales of Batteries and Batteries Electric were US$3.72M, while international purchases reached US$33.6M. The above results in a trade balance of -US$29.8M.
Market Concentration
#permalink to section2024-Q4: US$8.27M, International Sales
The visualization shows the quarterly concentration of international sales of Batteries and Batteries Electric at state level.
In the fourth quarter of 2024, international sales were US$8.27M, being the states with the most sales Baja California (US$4.17M), Nuevo León (US$2.25M), and Tamaulipas (US$1.08M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$55.7M, State with the Most International Sales (2023)
United States: US$68.6M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Batteries and Batteries Electric were Baja California (US$55.7M), Tamaulipas (US$4.79M), Chihuahua (US$3.5M), Jalisco (US$2.37M), and Ciudad de México (US$1.81M).
In 2023, the countries with the most international purchases from Mexico were United States (US$68.6M), Honduras (US$2.16M), Poland (US$269k), Brazil (US$257k), and Netherlands (US$219k).
International Purchases
#permalink to sectionChihuahua: US$102M, State with the Most International Purchases (2023)
China: US$95.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Batteries and Batteries Electric were Chihuahua (US$102M), Ciudad de México (US$77.9M), Baja California (US$65.5M), Jalisco (US$31.1M), and Sonora (US$29.7M).
The countries with the most international sales to Mexico in 2023 were China (US$95.3M), United States (US$86.2M), Japan (US$41.3M), South Korea (US$39.8M), and Israel (US$34.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Batteries and Batteries Electric and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Batteries and Batteries Electric. 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- 0.37%, Mexican share in global exports - 2022
- 3.53%, Mexican share in global imports - 2022
The visualizations show the global market for Batteries and Batteries Electric. 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 Batteries and Batteries Electric were China (US$3.16B), United States (US$832M), and Singapore (US$740M). In the same year, the main importing countries for Batteries and Batteries Electric were United States (US$1.16B), Germany (US$733M), and Malaysia (US$390M).