Electrical Insulators of any Material
Código 8546 (Harmonized System 2012 by 4 digits)
2023: US$191M, Total Trade Exchange
2023: US$60.9M, International Sales
2023: US$131M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electrical Insulators of any Material was US$191M.
In 2023, the states with the most international sales in Electrical Insulators of any Material were Chihuahua (US$41.2M), Baja California (US$8.4M), Tamaulipas (US$3.19M), Nuevo León (US$2M), and Querétaro (US$1.73M).
The states with the most international purchases in 2023 were Tamaulipas (US$26.8M), Ciudad de México (US$21M), Chihuahua (US$15.8M), Baja California (US$14.1M), and Estado de México (US$8.72M).
In 2023, the main commercial destinations of Electrical Insulators of any Material were United States (US$58M), United Kingdom (US$765k), Germany (US$267k), Brazil (US$252k), and Saudi Arabia (US$247k).
The main commercial origins of Electrical Insulators of any Material in 2023 were United States (US$53.7M), China (US$36.1M), Taiwan (Republic of China) (US$10M), Japan (US$8.8M), and South Korea (US$3.08M).
In the global context, the main exporting countries of Electrical Insulators of any Material in 2022 were China (US$803M), United States (US$226M), and Germany (US$209M). In the same year, the main importing countries of Electrical Insulators of any Material were United States (US$473M), Germany (US$148M), and Mexico (US$119M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$191M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electrical Insulators of any Material in Mexico (including international purchases and sales) was US$191M.
The visualizations show the net balance of Electrical Insulators of any Material 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$9.47M, International Purchases
- US$4.33M, International Sales
In July 2024, international sales of Electrical Insulators of any Material were US$4.33M, while international purchases reached US$9.47M. The above results in a trade balance of -US$5.14M.
Market Concentration
#permalink to section2024-Q3: US$4.29M, International Sales
The visualization shows the quarterly concentration of international sales of Electrical Insulators of any Material at state level.
In the third quarter of 2024, international sales were US$4.29M, being the states with the most sales Chihuahua (US$2.27M), Baja California (US$1.19M), and Tamaulipas (US$288k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$41.2M, State with the Most International Sales (2023)
United States: US$58M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electrical Insulators of any Material were Chihuahua (US$41.2M), Baja California (US$8.4M), Tamaulipas (US$3.19M), Nuevo León (US$2M), and Querétaro (US$1.73M).
In 2023, the countries with the most international purchases from Mexico were United States (US$58M), United Kingdom (US$765k), Germany (US$267k), Brazil (US$252k), and Saudi Arabia (US$247k).
International Purchases
#permalink to sectionTamaulipas: US$26.8M, State with the Most International Purchases (2023)
United States: US$53.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electrical Insulators of any Material were Tamaulipas (US$26.8M), Ciudad de México (US$21M), Chihuahua (US$15.8M), Baja California (US$14.1M), and Estado de México (US$8.72M).
The countries with the most international sales to Mexico in 2023 were United States (US$53.7M), China (US$36.1M), Taiwan (Republic of China) (US$10M), Japan (US$8.8M), and South Korea (US$3.08M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Insulators of any Material and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Insulators of any Material. 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- 3.18%, Mexican share in global exports - 2022
- 4.48%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Insulators of any Material. 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 of any Material were China (US$803M), United States (US$226M), and Germany (US$209M). In the same year, the main importing countries for Electrical Insulators of any Material were United States (US$473M), Germany (US$148M), and Mexico (US$119M).