Electrical Static Converters
Código 850440 (Harmonized System 2012 by 6 digits)
2023: US$6.9B, Total Trade Exchange
2023: US$3.16B, International Sales
2023: US$3.73B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electrical Static Converters was US$6.9B.
In 2023, the states with the most international sales in Electrical Static Converters were Jalisco (US$1.28B), Nuevo León (US$485M), Chihuahua (US$424M), Baja California (US$378M), and Tamaulipas (US$304M).
The states with the most international purchases in 2023 were Ciudad de México (US$726M), Chihuahua (US$661M), Baja California (US$569M), Jalisco (US$508M), and Nuevo León (US$392M).
In 2023, the main commercial destinations of Electrical Static Converters were United States (US$2.91B), Netherlands (US$111M), Canada (US$19.4M), China (US$16.7M), and Hong Kong (US$12.2M).
The main commercial origins of Electrical Static Converters in 2023 were China (US$1.73B), United States (US$666M), Thailand (US$380M), Vietnam (US$165M), and Taiwan (Republic of China) (US$138M).
In the global context, the main exporting countries of Electrical Static Converters in 2022 were China (US$39B), Germany (US$8.15B), and United States (US$4.42B). In the same year, the main importing countries of Electrical Static Converters were United States (US$16.2B), Germany (US$9.1B), and China (US$6.3B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$6.9B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electrical Static Converters in Mexico (including international purchases and sales) was US$6.9B.
The visualizations show the net balance of Electrical Static Converters 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 sectionNovember, 2024
- US$344M, International Purchases
- US$289M, International Sales
In November 2024, international sales of Electrical Static Converters were US$289M, while international purchases reached US$344M. The above results in a trade balance of -US$55.3M.
Market Concentration
#permalink to section2024-Q4: US$587M, International Sales
The visualization shows the quarterly concentration of international sales of Electrical Static Converters at state level.
In the fourth quarter of 2024, international sales were US$587M, being the states with the most sales Jalisco (US$262M), Tamaulipas (US$77.7M), and Nuevo León (US$68.2M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$1.28B, State with the Most International Sales (2023)
United States: US$2.91B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electrical Static Converters were Jalisco (US$1.28B), Nuevo León (US$485M), Chihuahua (US$424M), Baja California (US$378M), and Tamaulipas (US$304M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.91B), Netherlands (US$111M), Canada (US$19.4M), China (US$16.7M), and Hong Kong (US$12.2M).
International Purchases
#permalink to sectionCiudad de México: US$726M, State with the Most International Purchases (2023)
China: US$1.73B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electrical Static Converters were Ciudad de México (US$726M), Chihuahua (US$661M), Baja California (US$569M), Jalisco (US$508M), and Nuevo León (US$392M).
The countries with the most international sales to Mexico in 2023 were China (US$1.73B), United States (US$666M), Thailand (US$380M), Vietnam (US$165M), and Taiwan (Republic of China) (US$138M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Static Converters and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Static Converters. 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- 2.38%, Mexican share in global exports - 2022
- 4.03%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Static Converters. 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 Static Converters were China (US$39B), Germany (US$8.15B), and United States (US$4.42B). In the same year, the main importing countries for Electrical Static Converters were United States (US$16.2B), Germany (US$9.1B), and China (US$6.3B).