Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings)
Código 854690 (Harmonized System 2012 by 6 digits)
2023: US$153M, Total Trade Exchange
2023: US$57.7M, International Sales
2023: US$94.9M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) was US$153M.
In 2023, the states with the most international sales in Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were Chihuahua (US$41.2M), Baja California (US$8M), Tamaulipas (US$3.18M), Querétaro (US$1.73M), and Ciudad de México (US$992k).
The states with the most international purchases in 2023 were Tamaulipas (US$23.2M), Ciudad de México (US$15.2M), Chihuahua (US$15.1M), Jalisco (US$7.79M), and Querétaro (US$7.44M).
In 2023, the main commercial destinations of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were United States (US$55.3M), United Kingdom (US$765k), Germany (US$248k), Saudi Arabia (US$247k), and Guatemala (US$209k).
The main commercial origins of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) in 2023 were United States (US$47.7M), China (US$21.1M), Taiwan (Republic of China) (US$10M), South Korea (US$3.07M), and Canada (US$2.08M).
In the global context, the main exporting countries of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) in 2022 were China (US$437M), United States (US$170M), and Germany (US$137M). In the same year, the main importing countries of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were United States (US$289M), Germany (US$113M), and Mexico (US$89.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$153M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) in Mexico (including international purchases and sales) was US$153M.
The visualizations show the net balance of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) 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$6.64M, International Purchases
- US$4.06M, International Sales
In July 2024, international sales of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were US$4.06M, while international purchases reached US$6.64M. The above results in a trade balance of -US$2.58M.
Market Concentration
#permalink to section2024-Q3: US$4.04M, International Sales
The visualization shows the quarterly concentration of international sales of Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) at state level.
In the third quarter of 2024, international sales were US$4.04M, being the states with the most sales Chihuahua (US$2.27M), Baja California (US$1.19M), and Tamaulipas (US$285k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$41.2M, State with the Most International Sales (2023)
United States: US$55.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were Chihuahua (US$41.2M), Baja California (US$8M), Tamaulipas (US$3.18M), Querétaro (US$1.73M), and Ciudad de México (US$992k).
In 2023, the countries with the most international purchases from Mexico were United States (US$55.3M), United Kingdom (US$765k), Germany (US$248k), Saudi Arabia (US$247k), and Guatemala (US$209k).
International Purchases
#permalink to sectionTamaulipas: US$23.2M, State with the Most International Purchases (2023)
United States: US$47.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were Tamaulipas (US$23.2M), Ciudad de México (US$15.2M), Chihuahua (US$15.1M), Jalisco (US$7.79M), and Querétaro (US$7.44M).
The countries with the most international sales to Mexico in 2023 were United States (US$47.7M), China (US$21.1M), Taiwan (Republic of China) (US$10M), South Korea (US$3.07M), and Canada (US$2.08M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings). 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- 4.9%, Mexican share in global exports - 2022
- 5.53%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings). 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 Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were China (US$437M), United States (US$170M), and Germany (US$137M). In the same year, the main importing countries for Electrical Insulators (Excl. of Glass and Ceramics and Insulating Fittings) were United States (US$289M), Germany (US$113M), and Mexico (US$89.7M).