ProceduresGovernment

Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation)

Código 851629 (Harmonized System 2012 by 6 digits)

 2023: US$74.6M, Total Trade Exchange

2023: US$43.8M, International Sales

  2023: US$30.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) was US$74.6M.

In 2023, the states with the most international sales in Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were Coahuila de Zaragoza (US$15.3M), Baja California (US$8.94M), Jalisco (US$8.87M), Tamaulipas (US$5.7M), and Sonora (US$2.93M).

The states with the most international purchases in 2023 were Ciudad de México (US$9.57M), Estado de México (US$8.14M), Nuevo León (US$6.9M), Sinaloa (US$1.19M), and Baja California (US$1.09M).

In 2023, the main commercial destinations of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were United States (US$42.3M), Canada (US$76.8k), Venezuela (US$8.13k), Guatemala (US$6.79k), and Honduras (US$3.98k).

The main commercial origins of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) in 2023 were China (US$22.9M), Germany (US$2.94M), United States (US$2.77M), Canada (US$668k), and Vietnam (US$503k).

In the global context, the main exporting countries of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) in 2022 were China (US$2.75B), Germany (US$232M), and Malaysia (US$224M). In the same year, the main importing countries of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were United States (US$817M), Germany (US$413M), and Japan (US$355M).

Trade Balance of Mexico

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Net Trade Balance

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US$74.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) in Mexico (including international purchases and sales) was US$74.6M.

The visualizations show the net balance of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) 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

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July, 2024

  • US$2.09M, International Purchases
  • US$3.15M, International Sales

In July 2024, international sales of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were US$3.15M, while international purchases reached US$2.09M. The above results in a trade balance of US$1.06M.

Market Concentration

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2024-Q3: US$2.79M, International Sales

The visualization shows the quarterly concentration of international sales of Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) at state level.

In the third quarter of 2024, international sales were US$2.79M, being the states with the most sales Coahuila de Zaragoza (US$1.27M), Tamaulipas (US$635k), and Baja California (US$521k).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$15.3M, State with the Most International Sales (2023)

United States: US$42.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were Coahuila de Zaragoza (US$15.3M), Baja California (US$8.94M), Jalisco (US$8.87M), Tamaulipas (US$5.7M), and Sonora (US$2.93M).

In 2023, the countries with the most international purchases from Mexico were United States (US$42.3M), Canada (US$76.8k), Venezuela (US$8.13k), Guatemala (US$6.79k), and Honduras (US$3.98k).

International Purchases

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Ciudad de México: US$9.57M, State with the Most International Purchases (2023)

China: US$22.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were Ciudad de México (US$9.57M), Estado de México (US$8.14M), Nuevo León (US$6.9M), Sinaloa (US$1.19M), and Baja California (US$1.09M).

The countries with the most international sales to Mexico in 2023 were China (US$22.9M), Germany (US$2.94M), United States (US$2.77M), Canada (US$668k), and Vietnam (US$503k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation). 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

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  • 0.84%, Mexican share in global exports - 2022
  • 0.67%, Mexican share in global imports - 2022

The visualizations show the global market for Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation). 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 Space Heating Appliances or Floors (Exc. Radiators Accumulation) were China (US$2.75B), Germany (US$232M), and Malaysia (US$224M). In the same year, the main importing countries for Electric Space Heating Appliances or Floors (Exc. Radiators Accumulation) were United States (US$817M), Germany (US$413M), and Japan (US$355M).