Electric Inductors
Código 850450 (Harmonized System 2012 by 6 digits)
2023: US$1.13B, Total Trade Exchange
2023: US$224M, International Sales
2023: US$907M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electric Inductors was US$1.13B.
In 2023, the states with the most international sales in Electric Inductors were Tamaulipas (US$100M), Baja California (US$49.8M), Sonora (US$17.4M), Nuevo León (US$14.2M), and Chihuahua (US$11.7M).
The states with the most international purchases in 2023 were Chihuahua (US$214M), Jalisco (US$179M), Baja California (US$171M), Nuevo León (US$82.8M), and Tamaulipas (US$74.4M).
In 2023, the main commercial destinations of Electric Inductors were United States (US$206M), South Korea (US$2.58M), China (US$2.1M), Canada (US$1.32M), and Malaysia (US$1.23M).
The main commercial origins of Electric Inductors in 2023 were China (US$417M), Japan (US$160M), United States (US$91.2M), Vietnam (US$49.2M), and Germany (US$30.7M).
In the global context, the main exporting countries of Electric Inductors in 2022 were China (US$5.63B), Japan (US$1.85B), and Philippines (US$1.02B). In the same year, the main importing countries of Electric Inductors were China (US$2.41B), Hong Kong (US$2.21B), and Germany (US$1.37B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.13B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electric Inductors in Mexico (including international purchases and sales) was US$1.13B.
The visualizations show the net balance of Electric Inductors 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 sectionNovember, 2024
- US$74.6M, International Purchases
- US$20.8M, International Sales
In November 2024, international sales of Electric Inductors were US$20.8M, while international purchases reached US$74.6M. The above results in a trade balance of -US$53.7M.
Market Concentration
#permalink to section2024-Q4: US$47M, International Sales
The visualization shows the quarterly concentration of international sales of Electric Inductors at state level.
In the fourth quarter of 2024, international sales were US$47M, being the states with the most sales Tamaulipas (US$21.2M), Baja California (US$9.27M), and Nuevo León (US$5.02M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$100M, State with the Most International Sales (2023)
United States: US$206M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electric Inductors were Tamaulipas (US$100M), Baja California (US$49.8M), Sonora (US$17.4M), Nuevo León (US$14.2M), and Chihuahua (US$11.7M).
In 2023, the countries with the most international purchases from Mexico were United States (US$206M), South Korea (US$2.58M), China (US$2.1M), Canada (US$1.32M), and Malaysia (US$1.23M).
International Purchases
#permalink to sectionChihuahua: US$214M, State with the Most International Purchases (2023)
China: US$417M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electric Inductors were Chihuahua (US$214M), Jalisco (US$179M), Baja California (US$171M), Nuevo León (US$82.8M), and Tamaulipas (US$74.4M).
The countries with the most international sales to Mexico in 2023 were China (US$417M), Japan (US$160M), United States (US$91.2M), Vietnam (US$49.2M), and Germany (US$30.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electric Inductors and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electric Inductors. 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- 1.11%, Mexican share in global exports - 2022
- 4.13%, Mexican share in global imports - 2022
The visualizations show the global market for Electric Inductors. 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 Electric Inductors were China (US$5.63B), Japan (US$1.85B), and Philippines (US$1.02B). In the same year, the main importing countries for Electric Inductors were China (US$2.41B), Hong Kong (US$2.21B), and Germany (US$1.37B).