Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles)
Código 830140 (Harmonized System 2012 by 6 digits)
2023: US$721M, Total Trade Exchange
2023: US$574M, International Sales
2023: US$146M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) was US$721M.
In 2023, the states with the most international sales in Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were Baja California (US$403M), Sonora (US$143M), Chihuahua (US$6.99M), Jalisco (US$6.98M), and Ciudad de México (US$5.68M).
The states with the most international purchases in 2023 were Ciudad de México (US$44.6M), Estado de México (US$28.3M), Nuevo León (US$27.9M), Jalisco (US$14.2M), and Baja California (US$8.78M).
In 2023, the main commercial destinations of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were United States (US$564M), Honduras (US$2.36M), Nicaragua (US$1.49M), Guatemala (US$1.1M), and El Salvador (US$683k).
The main commercial origins of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) in 2023 were China (US$91.7M), United States (US$27.3M), Taiwan (Republic of China) (US$10.3M), Spain (US$5.61M), and Italy (US$2.29M).
In the global context, the main exporting countries of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) in 2022 were China (US$2.03B), Mexico (US$501M), and Germany (US$435M). In the same year, the main importing countries of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were United States (US$1.34B), Germany (US$319M), and United Kingdom (US$208M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$721M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) in Mexico (including international purchases and sales) was US$721M.
The visualizations show the net balance of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) 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$18.7M, International Purchases
- US$56.7M, International Sales
In July 2024, international sales of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were US$56.7M, while international purchases reached US$18.7M. The above results in a trade balance of US$38.1M.
Market Concentration
#permalink to section2024-Q3: US$56.7M, International Sales
The visualization shows the quarterly concentration of international sales of Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) at state level.
In the third quarter of 2024, international sales were US$56.7M, being the states with the most sales Baja California (US$43.4M), Sonora (US$10.3M), and Jalisco (US$951k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$403M, State with the Most International Sales (2023)
United States: US$564M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were Baja California (US$403M), Sonora (US$143M), Chihuahua (US$6.99M), Jalisco (US$6.98M), and Ciudad de México (US$5.68M).
In 2023, the countries with the most international purchases from Mexico were United States (US$564M), Honduras (US$2.36M), Nicaragua (US$1.49M), Guatemala (US$1.1M), and El Salvador (US$683k).
International Purchases
#permalink to sectionCiudad de México: US$44.6M, State with the Most International Purchases (2023)
China: US$91.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were Ciudad de México (US$44.6M), Estado de México (US$28.3M), Nuevo León (US$27.9M), Jalisco (US$14.2M), and Baja California (US$8.78M).
The countries with the most international sales to Mexico in 2023 were China (US$91.7M), United States (US$27.3M), Taiwan (Republic of China) (US$10.3M), Spain (US$5.61M), and Italy (US$2.29M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles). 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- 9.31%, Mexican share in global exports - 2022
- 2.59%, Mexican share in global imports - 2022
The visualizations show the global market for Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles). 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 Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were China (US$2.03B), Mexico (US$501M), and Germany (US$435M). In the same year, the main importing countries for Common Metal Locks (Exc. Padlocks and Locks Used in Furniture or in Automobile Vehicles) were United States (US$1.34B), Germany (US$319M), and United Kingdom (US$208M).