ProceduresGovernment

Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ")

Código 9110 (Harmonized System 2012 by 4 digits)

2022: US$13.7k, International Sales

  2023: US$82.8k, International Purchases

In 2010, the states with the most international sales in Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Ciudad de México (US$6.79k).

The states with the most international purchases in 2023 were Ciudad de México (US$33.1k) and Estado de México (US$16.4k).

In 2010, the main commercial destinations of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Switzerland (US$4.95k) and Costa Rica (US$1.41k).

The main commercial origins of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") in 2023 were China (US$16.9k), Switzerland (US$16.9k), Italy (US$15.1k), Japan (US$219), and Sweden (US$172).

In the global context, the main exporting countries of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") in 2022 were Malaysia (US$108M), Singapore (US$72.1M), and China (US$52M). In the same year, the main importing countries of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Japan (US$96.5M), Hong Kong (US$85.8M), and Singapore (US$60.8M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

The visualizations show the net balance of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' 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.

Net International Trade

#permalink to section

July, 2024: US$49.2k, International Purchases

In July 2024, international sales of Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were US$0, while international purchases reached US$49.2k. The above results in a trade balance of -US$49.2k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$6.79k, State with the Most International Sales (2010)

Switzerland: US$4.95k, Main commercial destination (2010)

In 2010, the states with the highest international sales in Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Ciudad de México (US$6.79k).

In 2010, the countries with the most international purchases from Mexico were Switzerland (US$4.95k) and Costa Rica (US$1.41k).

International Purchases

#permalink to section

Ciudad de México: US$33.1k, State with the Most International Purchases (2023)

China: US$16.9k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Ciudad de México (US$33.1k) and Estado de México (US$16.4k).

The countries with the most international sales to Mexico in 2023 were China (US$16.9k), Switzerland (US$16.9k), Italy (US$15.1k), Japan (US$219), and Sweden (US$172).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' 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.

Origins and Trade Destinations

#permalink to section

  • 0.00049%, Mexican share in global exports - 2022
  • 0.085%, Mexican share in global imports - 2022

The visualizations show the global market for Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' 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 Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Malaysia (US$108M), Singapore (US$72.1M), and China (US$52M). In the same year, the main importing countries for Complete Watch Movements, Unassembled or Partly Assembled ( "Movement Sets"); Incomplete Watch Movements, Assembled; Clockworks' Blank '(' Ebauches ") were Japan (US$96.5M), Hong Kong (US$85.8M), and Singapore (US$60.8M).