Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W)
Código 841459 (Harmonized System 2012 by 6 digits)
2023: US$1.27B, Total Trade Exchange
2023: US$495M, International Sales
2023: US$778M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) was US$1.27B.
In 2023, the states with the most international sales in Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were Chihuahua (US$111M), Estado de México (US$64.1M), Sonora (US$47.3M), Tamaulipas (US$46.4M), and Coahuila de Zaragoza (US$44.7M).
The states with the most international purchases in 2023 were Chihuahua (US$175M), Jalisco (US$124M), Ciudad de México (US$110M), Nuevo León (US$98.1M), and Baja California (US$67.2M).
In 2023, the main commercial destinations of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were United States (US$448M), Canada (US$8.17M), Netherlands (US$5.25M), India (US$3.13M), and Singapore (US$2.08M).
The main commercial origins of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) in 2023 were China (US$310M), United States (US$180M), Thailand (US$54.5M), Germany (US$46.8M), and Philippines (US$37.7M).
In the global context, the main exporting countries of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) in 2022 were China (US$4.83B), Germany (US$2.74B), and United States (US$1.29B). In the same year, the main importing countries of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were United States (US$3.15B), Germany (US$1.16B), and China (US$900M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.27B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) in Mexico (including international purchases and sales) was US$1.27B.
The visualizations show the net balance of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) 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$73.5M, International Purchases
- US$45.8M, International Sales
In July 2024, international sales of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were US$45.8M, while international purchases reached US$73.5M. The above results in a trade balance of -US$27.7M.
Market Concentration
#permalink to section2024-Q3: US$45.6M, International Sales
The visualization shows the quarterly concentration of international sales of Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) at state level.
In the third quarter of 2024, international sales were US$45.6M, being the states with the most sales Chihuahua (US$8.59M), Estado de México (US$5.88M), and Sonora (US$5.68M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$111M, State with the Most International Sales (2023)
United States: US$448M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were Chihuahua (US$111M), Estado de México (US$64.1M), Sonora (US$47.3M), Tamaulipas (US$46.4M), and Coahuila de Zaragoza (US$44.7M).
In 2023, the countries with the most international purchases from Mexico were United States (US$448M), Canada (US$8.17M), Netherlands (US$5.25M), India (US$3.13M), and Singapore (US$2.08M).
International Purchases
#permalink to sectionChihuahua: US$175M, State with the Most International Purchases (2023)
China: US$310M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were Chihuahua (US$175M), Jalisco (US$124M), Ciudad de México (US$110M), Nuevo León (US$98.1M), and Baja California (US$67.2M).
The countries with the most international sales to Mexico in 2023 were China (US$310M), United States (US$180M), Thailand (US$54.5M), Germany (US$46.8M), and Philippines (US$37.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W). 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- 3.17%, Mexican share in global exports - 2022
- 4.96%, Mexican share in global imports - 2022
The visualizations show the global market for Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W). 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 Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were China (US$4.83B), Germany (US$2.74B), and United States (US$1.29B). In the same year, the main importing countries for Fans (Exc. Table, Foot, Wall or Window, with Electric Motor of Power <= 125 W) were United States (US$3.15B), Germany (US$1.16B), and China (US$900M).