ProceduresGovernment

Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver

Código 911120 (Harmonized System 2012 by 6 digits)

2022: US$19k, International Sales

  2023: US$150k, International Purchases

In 2022, the states with the most international sales in Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Ciudad de México (US$18.4k).

The states with the most international purchases in 2023 were Ciudad de México (US$75.4k).

In 2022, the main commercial destinations of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Switzerland (US$17.9k), United States (US$395), and Cuba (US$100).

The main commercial origins of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver in 2023 were China (US$61.7k), Switzerland (US$8.74k), Japan (US$3.65k), Thailand (US$857), and Italy (US$467).

In the global context, the main exporting countries of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver in 2022 were China (US$403M), Switzerland (US$82M), and Hong Kong (US$65.1M). In the same year, the main importing countries of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Hong Kong (US$158M), Switzerland (US$131M), and Thailand (US$88.4M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver 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$24.7k, International Purchases

In July 2024, international sales of Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were US$0, while international purchases reached US$24.7k. The above results in a trade balance of -US$24.7k.

Exchange by Territory

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International Sales

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Ciudad de México: US$18.4k, State with the Most International Sales (2022)

Switzerland: US$17.9k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Ciudad de México (US$18.4k).

In 2022, the countries with the most international purchases from Mexico were Switzerland (US$17.9k), United States (US$395), and Cuba (US$100).

International Purchases

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Ciudad de México: US$75.4k, State with the Most International Purchases (2023)

China: US$61.7k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Ciudad de México (US$75.4k).

The countries with the most international sales to Mexico in 2023 were China (US$61.7k), Switzerland (US$8.74k), Japan (US$3.65k), Thailand (US$857), and Italy (US$467).

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 of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver. 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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  • 0.0044%, Mexican share in global exports - 2022
  • 0.028%, Mexican share in global imports - 2022

The visualizations show the global market for Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver. 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 of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were China (US$403M), Switzerland (US$82M), and Hong Kong (US$65.1M). In the same year, the main importing countries for Boxes of Watches, Pocket Watches and Simil., of Base Metal, Incl. Gold or Silver were Hong Kong (US$158M), Switzerland (US$131M), and Thailand (US$88.4M).