Clocks, Electric
Código 910521 (Harmonized System 2012 by 6 digits)
2023: US$4.25M, Total Trade Exchange
2023: US$561k, International Sales
2023: US$3.69M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Clocks, Electric was US$4.25M.
In 2023, the states with the most international sales in Clocks, Electric were Baja California (US$12.7k), Nuevo León (US$8.15k), and Jalisco (US$5.17k).
The states with the most international purchases in 2023 were Ciudad de México (US$1.43M), Sinaloa (US$764k), Nuevo León (US$443k), Estado de México (US$364k), and Jalisco (US$221k).
In 2023, the main commercial destinations of Clocks, Electric were United States (US$14.8k), Nicaragua (US$6.47k), Guatemala (US$3.89k), Colombia (US$578), and Honduras (US$133).
The main commercial origins of Clocks, Electric in 2023 were China (US$3.3M), United States (US$163k), Taiwan (Republic of China) (US$89.4k), France (US$25.8k), and Poland (US$21.5k).
In the global context, the main exporting countries of Clocks, Electric in 2022 were China (US$467M), Germany (US$22.2M), and Thailand (US$16.2M). In the same year, the main importing countries of Clocks, Electric were United States (US$117M), Japan (US$54.8M), and Germany (US$43.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.25M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Clocks, Electric in Mexico (including international purchases and sales) was US$4.25M.
The visualizations show the net balance of Clocks, 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 sectionJuly, 2024
- US$263k, International Purchases
- US$22.6k, International Sales
In July 2024, international sales of Clocks, Electric were US$22.6k, while international purchases reached US$263k. The above results in a trade balance of -US$241k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$12.7k, State with the Most International Sales (2023)
United States: US$14.8k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Clocks, Electric were Baja California (US$12.7k), Nuevo León (US$8.15k), and Jalisco (US$5.17k).
In 2023, the countries with the most international purchases from Mexico were United States (US$14.8k), Nicaragua (US$6.47k), Guatemala (US$3.89k), Colombia (US$578), and Honduras (US$133).
International Purchases
#permalink to sectionCiudad de México: US$1.43M, State with the Most International Purchases (2023)
China: US$3.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Clocks, Electric were Ciudad de México (US$1.43M), Sinaloa (US$764k), Nuevo León (US$443k), Estado de México (US$364k), and Jalisco (US$221k).
The countries with the most international sales to Mexico in 2023 were China (US$3.3M), United States (US$163k), Taiwan (Republic of China) (US$89.4k), France (US$25.8k), and Poland (US$21.5k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Clocks, Electric and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Clocks, 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- 0.086%, Mexican share in global exports - 2022
- 1.04%, Mexican share in global imports - 2022
The visualizations show the global market for Clocks, 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 Clocks, Electric were China (US$467M), Germany (US$22.2M), and Thailand (US$16.2M). In the same year, the main importing countries for Clocks, Electric were United States (US$117M), Japan (US$54.8M), and Germany (US$43.8M).