Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels)
Código 8531 (Harmonized System 2012 by 4 digits)
2023: US$1.58B, Total Trade Exchange
2023: US$1.02B, International Sales
2023: US$564M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) was US$1.58B.
In 2023, the states with the most international sales in Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) were Chihuahua (US$516M), Sonora (US$139M), Tamaulipas (US$97.6M), Nuevo León (US$75.4M), and Baja California (US$72.9M).
The states with the most international purchases in 2023 were Chihuahua (US$208M), Nuevo León (US$97.1M), Ciudad de México (US$69.5M), Baja California (US$52.4M), and Tamaulipas (US$37.3M).
In the global context, the main exporting countries of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) in 2022 were China (US$6.67B), United States (US$1.64B), and Germany (US$1.15B). In the same year, the main importing countries of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) were United States (US$3.01B), Germany (US$1.51B), and Netherlands (US$985M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.58B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) in Mexico (including international purchases and sales) was US$1.58B.
The visualizations show the net balance of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) 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$53.6M, International Purchases
- US$101M, International Sales
In July 2024, international sales of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) were US$101M, while international purchases reached US$53.6M. The above results in a trade balance of US$47.6M.
Market Concentration
#permalink to section2024-Q3: US$100M, International Sales
The visualization shows the quarterly concentration of international sales of Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) at state level.
In the third quarter of 2024, international sales were US$100M, being the states with the most sales Chihuahua (US$48.9M), Sonora (US$16.2M), and Nuevo León (US$9.55M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels). 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- 5.07%, Mexican share in global exports - 2022
- 3.53%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels). 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 Sound or Visual (For Example, Bells, Sirens, Indicator Panels) were China (US$6.67B), United States (US$1.64B), and Germany (US$1.15B). In the same year, the main importing countries for Electrical Signaling Sound or Visual (For Example, Bells, Sirens, Indicator Panels) were United States (US$3.01B), Germany (US$1.51B), and Netherlands (US$985M).