ProceduresGovernment

Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere

Código 854890 (Harmonized System 2012 by 6 digits)

2022: US$201M, International Sales

  2023: US$883k, International Purchases

In 2022, the states with the most international sales in Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were Coahuila de Zaragoza (US$52.1M), Tamaulipas (US$44.3M), Sonora (US$34.2M), Chihuahua (US$19.2M), and Nuevo León (US$18.1M).

The states with the most international purchases in 2023 were Jalisco (US$175k).

In 2022, the main commercial destinations of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were United States (US$191M), United Kingdom (US$636k), Singapore (US$534k), Netherlands (US$350k), and Canada (US$210k).

The main commercial origins of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere in 2023 were Japan (US$79.7k), China (US$44.4k), Taiwan (Republic of China) (US$22.3k), United States (US$13.6k), and South Korea (US$10.5k).

In the global context, the main exporting countries of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere in 2022 were China (US$1.4B), Japan (US$680M), and Taiwan (Republic of China) (US$325M). In the same year, the main importing countries of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were China (US$946M), Hong Kong (US$453M), and Germany (US$356M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere 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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January, 2023: US$874k, International Purchases

In January 2023, international sales of Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were US$0, while international purchases reached US$874k. The above results in a trade balance of -US$874k.

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$52.1M, State with the Most International Sales (2022)

United States: US$191M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were Coahuila de Zaragoza (US$52.1M), Tamaulipas (US$44.3M), Sonora (US$34.2M), Chihuahua (US$19.2M), and Nuevo León (US$18.1M).

In 2022, the countries with the most international purchases from Mexico were United States (US$191M), United Kingdom (US$636k), Singapore (US$534k), Netherlands (US$350k), and Canada (US$210k).

International Purchases

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Jalisco: US$175k, State with the Most International Purchases (2023)

Japan: US$79.7k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were Jalisco (US$175k).

The countries with the most international sales to Mexico in 2023 were Japan (US$79.7k), China (US$44.4k), Taiwan (Republic of China) (US$22.3k), United States (US$13.6k), and South Korea (US$10.5k).

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 Parts of Machinery or Apparatus, not Specified or Included Elsewhere  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere. 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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  • 4.03%, Mexican share in global exports - 2022
  • 6.17%, Mexican share in global imports - 2022

The visualizations show the global market for Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere. 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 Parts of Machinery or Apparatus, not Specified or Included Elsewhere were China (US$1.4B), Japan (US$680M), and Taiwan (Republic of China) (US$325M). In the same year, the main importing countries for Electrical Parts of Machinery or Apparatus, not Specified or Included Elsewhere were China (US$946M), Hong Kong (US$453M), and Germany (US$356M).