Código 911090 (Harmonized System 2012 by 6 digits)
2017: US$180k, International Sales
2023: US$24.7k, International Purchases
The states with the most international purchases in 2023 were Estado de México (US$15.2k) and Ciudad de México (US$998).
The main commercial origins of Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") in 2023 were Italy (US$15.1k), China (US$636), Switzerland (US$219), and Sweden (US$172).
In the global context, the main exporting countries of Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") in 2022 were Thailand (US$13.1M), China (US$3.96M), and United Kingdom (US$2.74M). In the same year, the main importing countries of Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") were Hong Kong (US$13.1M), Malaysia (US$2.21M), and United States (US$1.18M).
The visualizations show the net balance of Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") 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.
July, 2024: US$17.9k, International Purchases
In July 2024, international sales of Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") were US$0, while international purchases reached US$17.9k. The above results in a trade balance of -US$17.9k.
Estado de México: US$15.2k, State with the Most International Purchases (2023)
Italy: US$15.1k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") were Estado de México (US$15.2k) and Ciudad de México (US$998).
The countries with the most international sales to Mexico in 2023 were Italy (US$15.1k), China (US$636), Switzerland (US$219), and Sweden (US$172).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches"). 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.
The visualizations show the global market for Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches"). 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 Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") were Thailand (US$13.1M), China (US$3.96M), and United Kingdom (US$2.74M). In the same year, the main importing countries for Complete Watch Mechanisms, Unassembled or Partly Assembled "Movement Sets" and Incomplete Watch Movements, Assembled (Exc. Clockworks in White "Ebauches") were Hong Kong (US$13.1M), Malaysia (US$2.21M), and United States (US$1.18M).