ProceduresGovernment

Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C

Código 911190 (Harmonized System 2012 by 6 digits)

2016: US$3.48k, International Sales

  2023: US$123k, International Purchases

In 2014, the states with the most international sales in Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were Ciudad de México (US$4.07k).

The states with the most international purchases in 2023 were Ciudad de México (US$39.5k) and Jalisco (US$500).

In 2014, the main commercial destinations of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were United States (US$3.91k), Switzerland (US$83), Costa Rica (US$43), and Ecuador (US$34).

The main commercial origins of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C in 2023 were Switzerland (US$21.9k), China (US$11.1k), South Korea (US$3.93k), France (US$1.34k), and Thailand (US$982).

In the global context, the main exporting countries of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C in 2022 were China (US$159M), Switzerland (US$98.7M), and Portugal (US$38.8M). In the same year, the main importing countries of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were Switzerland (US$133M), Hong Kong (US$82.2M), and Thailand (US$47.1M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

The visualizations show the net balance of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C 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 section

July, 2024: US$12.2k, International Purchases

In July 2024, international sales of Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were US$0, while international purchases reached US$12.2k. The above results in a trade balance of -US$12.2k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$4.07k, State with the Most International Sales (2014)

United States: US$3.91k, Main commercial destination (2014)

In 2014, the states with the highest international sales in Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were Ciudad de México (US$4.07k).

In 2014, the countries with the most international purchases from Mexico were United States (US$3.91k), Switzerland (US$83), Costa Rica (US$43), and Ecuador (US$34).

International Purchases

#permalink to section

Ciudad de México: US$39.5k, State with the Most International Purchases (2023)

Switzerland: US$21.9k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were Ciudad de México (US$39.5k) and Jalisco (US$500).

The countries with the most international sales to Mexico in 2023 were Switzerland (US$21.9k), China (US$11.1k), South Korea (US$3.93k), France (US$1.34k), and Thailand (US$982).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C. 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

#permalink to section

  • 0.012%, Mexican share in global exports - 2022
  • 0.018%, Mexican share in global imports - 2022

The visualizations show the global market for Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C. 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 Parts of Wristwatches, Pocket Watches and Simil., N.E.C were China (US$159M), Switzerland (US$98.7M), and Portugal (US$38.8M). In the same year, the main importing countries for Boxes Parts of Wristwatches, Pocket Watches and Simil., N.E.C were Switzerland (US$133M), Hong Kong (US$82.2M), and Thailand (US$47.1M).