ProceduresGovernment

Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608)

Código 853080 (Harmonized System 2012 by 6 digits)

 2023: US$79.7M, Total Trade Exchange

2023: US$59.4M, International Sales

  2023: US$20.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) was US$79.7M.

In 2023, the states with the most international sales in Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were Baja California (US$36.4M), Ciudad de México (US$13.6M), Nuevo León (US$7.23M), and Jalisco (US$1.98M).

The states with the most international purchases in 2023 were Ciudad de México (US$6.5M), Estado de México (US$4.66M), Nuevo León (US$3.81M), Baja California (US$1.79M), and Quintana Roo (US$698k).

In 2023, the main commercial destinations of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were United States (US$53.8M), El Salvador (US$4.59M), Costa Rica (US$282k), Netherlands (US$137k), and Dominican Republic (US$128k).

The main commercial origins of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) in 2023 were United States (US$5.57M), China (US$5.02M), Czech Republic (US$2.48M), Italy (US$1.2M), and Brazil (US$992k).

In the global context, the main exporting countries of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) in 2022 were China (US$176M), Germany (US$82.9M), and Italy (US$77.2M). In the same year, the main importing countries of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were United States (US$114M), Germany (US$66.1M), and France (US$44.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$79.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) in Mexico (including international purchases and sales) was US$79.7M.

The visualizations show the net balance of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) 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$9.54M, International Purchases
  • US$4.74M, International Sales

In July 2024, international sales of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were US$4.74M, while international purchases reached US$9.54M. The above results in a trade balance of -US$4.8M.

Market Concentration

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2024-Q3: US$2.5M, International Sales

The visualization shows the quarterly concentration of international sales of Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) at state level.

In the third quarter of 2024, international sales were US$2.5M, being the states with the most sales Baja California (US$2.5M).

Exchange by Territory

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International Sales

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Baja California: US$36.4M, State with the Most International Sales (2023)

United States: US$53.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were Baja California (US$36.4M), Ciudad de México (US$13.6M), Nuevo León (US$7.23M), and Jalisco (US$1.98M).

In 2023, the countries with the most international purchases from Mexico were United States (US$53.8M), El Salvador (US$4.59M), Costa Rica (US$282k), Netherlands (US$137k), and Dominican Republic (US$128k).

International Purchases

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Ciudad de México: US$6.5M, State with the Most International Purchases (2023)

United States: US$5.57M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were Ciudad de México (US$6.5M), Estado de México (US$4.66M), Nuevo León (US$3.81M), Baja California (US$1.79M), and Quintana Roo (US$698k).

The countries with the most international sales to Mexico in 2023 were United States (US$5.57M), China (US$5.02M), Czech Republic (US$2.48M), Italy (US$1.2M), and Brazil (US$992k).

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 Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608). 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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  • 1.46%, Mexican share in global exports - 2022
  • 1.46%, Mexican share in global imports - 2022

The visualizations show the global market for Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608). 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 Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were China (US$176M), Germany (US$82.9M), and Italy (US$77.2M). In the same year, the main importing countries for Electrical Signaling, Safety or Traffic Control (Exc. for Railways or the Like., as well as Devices for Transmission of Messages and Electromechanical Devices of Heading 8608) were United States (US$114M), Germany (US$66.1M), and France (US$44.4M).