ProceduresGovernment

Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis

Código 854330 (Harmonized System 2012 by 6 digits)

 2023: US$99M, Total Trade Exchange

2023: US$11.1M, International Sales

  2023: US$87.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis was US$99M.

In 2023, the states with the most international sales in Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were Ciudad de México (US$98.5k).

The states with the most international purchases in 2023 were Nuevo León (US$58.7M), Estado de México (US$3.66M), Querétaro (US$3.02M), Ciudad de México (US$2.47M), and Baja California (US$2.19M).

In 2023, the main commercial destinations of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were United States (US$96.4k), Guatemala (US$2.06k), and El Salvador (US$126).

The main commercial origins of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis in 2023 were United States (US$44.7M), China (US$18.4M), Spain (US$4.94M), Turkey (US$2.57M), and Germany (US$744k).

In the global context, the main exporting countries of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis in 2022 were China (US$622M), Japan (US$219M), and South Korea (US$188M). In the same year, the main importing countries of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were China (US$300M), Indonesia (US$212M), and United States (US$176M).

Trade Balance of Mexico

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Net Trade Balance

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US$99M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis in Mexico (including international purchases and sales) was US$99M.

The visualizations show the net balance of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis 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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November, 2024

  • US$4.26M, International Purchases
  • US$221k, International Sales

In November 2024, international sales of Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were US$221k, while international purchases reached US$4.26M. The above results in a trade balance of -US$4.04M.

Exchange by Territory

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International Sales

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Ciudad de México: US$98.5k, State with the Most International Sales (2023)

United States: US$96.4k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were Ciudad de México (US$98.5k).

In 2023, the countries with the most international purchases from Mexico were United States (US$96.4k), Guatemala (US$2.06k), and El Salvador (US$126).

International Purchases

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Nuevo León: US$58.7M, State with the Most International Purchases (2023)

United States: US$44.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were Nuevo León (US$58.7M), Estado de México (US$3.66M), Querétaro (US$3.02M), Ciudad de México (US$2.47M), and Baja California (US$2.19M).

The countries with the most international sales to Mexico in 2023 were United States (US$44.7M), China (US$18.4M), Spain (US$4.94M), Turkey (US$2.57M), and Germany (US$744k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis. 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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  • 0.2%, Mexican share in global exports - 2022
  • 1.67%, Mexican share in global imports - 2022

The visualizations show the global market for Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis. 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 Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were China (US$622M), Japan (US$219M), and South Korea (US$188M). In the same year, the main importing countries for Electrical Machinery and Apparatus for Electroplating, Electrolysis or Electrophoresis were China (US$300M), Indonesia (US$212M), and United States (US$176M).