ProceduresGovernment

Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other)

Código 911220 (Harmonized System 2012 by 6 digits)

2014: US$31.1k, International Sales

  2023: US$127k, International Purchases

The states with the most international purchases in 2023 were Ciudad de México (US$82.4k).

The main commercial origins of Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) in 2023 were China (US$82.4k), United Kingdom (US$24), and Thailand (US$20).

In the global context, the main exporting countries of Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) in 2022 were China (US$7.23M), Poland (US$902k), and Hong Kong (US$761k). In the same year, the main importing countries of Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) were United States (US$2M), Germany (US$1.54M), and Hong Kong (US$1.27M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) 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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April, 2024: US$44.8k, International Purchases

In April 2024, international sales of Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) were US$0, while international purchases reached US$44.8k. The above results in a trade balance of -US$44.8k.

Exchange by Territory

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International Purchases

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Ciudad de México: US$82.4k, State with the Most International Purchases (2023)

China: US$82.4k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) were Ciudad de México (US$82.4k).

The countries with the most international sales to Mexico in 2023 were China (US$82.4k), United Kingdom (US$24), and Thailand (US$20).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other). 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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  • 0.23%, Mexican share in global exports - 2022
  • 0.28%, Mexican share in global imports - 2022

The visualizations show the global market for Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other). 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 Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) were China (US$7.23M), Poland (US$902k), and Hong Kong (US$761k). In the same year, the main importing countries for Boxes and Similar Type for Clocks and Watches (Para Watches Exc. Watches, Pocket Watches and Other) were United States (US$2M), Germany (US$1.54M), and Hong Kong (US$1.27M).