Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards"
Código 852352 (Harmonized System 2012 by 6 digits)
2023: US$495M, Total Trade Exchange
2023: US$396M, International Sales
2023: US$99.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" was US$495M.
In 2023, the states with the most international sales in Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were Chihuahua (US$123M), Jalisco (US$14.6M), Estado de México (US$13.9M), Querétaro (US$5.86M), and Baja California (US$4.1M).
The states with the most international purchases in 2023 were Ciudad de México (US$36.2M), Chihuahua (US$18.2M), Estado de México (US$17.1M), Querétaro (US$6.58M), and Morelos (US$5.46M).
In 2023, the main commercial destinations of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were United States (US$148M), Dominican Republic (US$2.97M), Ecuador (US$2.72M), Canada (US$2.37M), and Colombia (US$2.07M).
The main commercial origins of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" in 2023 were China (US$49.8M), United States (US$15.4M), Colombia (US$5.53M), Brazil (US$4.45M), and Vietnam (US$4.27M).
In the global context, the main exporting countries of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" in 2022 were China (US$1.91B), Taiwan (Republic of China) (US$336M), and Germany (US$327M). In the same year, the main importing countries of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were United States (US$853M), Germany (US$355M), and France (US$347M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$495M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" in Mexico (including international purchases and sales) was US$495M.
The visualizations show the net balance of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" 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 sectionJuly, 2024
- US$35.4M, International Purchases
- US$27.5M, International Sales
In July 2024, international sales of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were US$27.5M, while international purchases reached US$35.4M. The above results in a trade balance of -US$7.94M.
Market Concentration
#permalink to section2024-Q3: US$5.98M, International Sales
The visualization shows the quarterly concentration of international sales of Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" at state level.
In the third quarter of 2024, international sales were US$5.98M, being the states with the most sales Chihuahua (US$3.32M), Jalisco (US$1.15M), and Baja California (US$526k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$123M, State with the Most International Sales (2023)
United States: US$148M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were Chihuahua (US$123M), Jalisco (US$14.6M), Estado de México (US$13.9M), Querétaro (US$5.86M), and Baja California (US$4.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$148M), Dominican Republic (US$2.97M), Ecuador (US$2.72M), Canada (US$2.37M), and Colombia (US$2.07M).
International Purchases
#permalink to sectionCiudad de México: US$36.2M, State with the Most International Purchases (2023)
China: US$49.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were Ciudad de México (US$36.2M), Chihuahua (US$18.2M), Estado de México (US$17.1M), Querétaro (US$6.58M), and Morelos (US$5.46M).
The countries with the most international sales to Mexico in 2023 were China (US$49.8M), United States (US$15.4M), Colombia (US$5.53M), Brazil (US$4.45M), and Vietnam (US$4.27M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards". 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- 4.77%, Mexican share in global exports - 2022
- 1.35%, Mexican share in global imports - 2022
The visualizations show the global market for Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards". 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 Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were China (US$1.91B), Taiwan (Republic of China) (US$336M), and Germany (US$327M). In the same year, the main importing countries for Cards Incorporating an Electronic Integrated Circuit [ "Smart Cards" "Smart Cards" were United States (US$853M), Germany (US$355M), and France (US$347M).