Fittings and Similar Articles., of Base Metal, for Furniture
Código 830242 (Harmonized System 2012 by 6 digits)
2023: US$277M, Total Trade Exchange
2023: US$94.2M, International Sales
2023: US$183M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fittings and Similar Articles., of Base Metal, for Furniture was US$277M.
In 2023, the states with the most international sales in Fittings and Similar Articles., of Base Metal, for Furniture were Baja California (US$42.6M), Nuevo León (US$23M), San Luis Potosí (US$13.5M), Coahuila de Zaragoza (US$4.35M), and Chihuahua (US$3.16M).
The states with the most international purchases in 2023 were Nuevo León (US$51.5M), Chihuahua (US$36.5M), Baja California (US$27.7M), Ciudad de México (US$13.2M), and Estado de México (US$12.4M).
In 2023, the main commercial destinations of Fittings and Similar Articles., of Base Metal, for Furniture were United States (US$87.7M), United Kingdom (US$2.09M), Germany (US$1.15M), Ecuador (US$423k), and Guatemala (US$369k).
The main commercial origins of Fittings and Similar Articles., of Base Metal, for Furniture in 2023 were United States (US$76.7M), China (US$53.4M), Taiwan (Republic of China) (US$11.7M), Spain (US$10.5M), and Canada (US$8.35M).
In the global context, the main exporting countries of Fittings and Similar Articles., of Base Metal, for Furniture in 2022 were China (US$4.77B), Austria (US$1.65B), and Germany (US$1.04B). In the same year, the main importing countries of Fittings and Similar Articles., of Base Metal, for Furniture were United States (US$1.59B), Germany (US$878M), and Poland (US$596M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$277M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fittings and Similar Articles., of Base Metal, for Furniture in Mexico (including international purchases and sales) was US$277M.
The visualizations show the net balance of Fittings and Similar Articles., of Base Metal, for Furniture 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$18.5M, International Purchases
- US$6.38M, International Sales
In July 2024, international sales of Fittings and Similar Articles., of Base Metal, for Furniture were US$6.38M, while international purchases reached US$18.5M. The above results in a trade balance of -US$12.1M.
Market Concentration
#permalink to section2024-Q3: US$6.37M, International Sales
The visualization shows the quarterly concentration of international sales of Fittings and Similar Articles., of Base Metal, for Furniture at state level.
In the third quarter of 2024, international sales were US$6.37M, being the states with the most sales Baja California (US$2.45M), Nuevo León (US$2.11M), and Coahuila de Zaragoza (US$720k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$42.6M, State with the Most International Sales (2023)
United States: US$87.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fittings and Similar Articles., of Base Metal, for Furniture were Baja California (US$42.6M), Nuevo León (US$23M), San Luis Potosí (US$13.5M), Coahuila de Zaragoza (US$4.35M), and Chihuahua (US$3.16M).
In 2023, the countries with the most international purchases from Mexico were United States (US$87.7M), United Kingdom (US$2.09M), Germany (US$1.15M), Ecuador (US$423k), and Guatemala (US$369k).
International Purchases
#permalink to sectionNuevo León: US$51.5M, State with the Most International Purchases (2023)
United States: US$76.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fittings and Similar Articles., of Base Metal, for Furniture were Nuevo León (US$51.5M), Chihuahua (US$36.5M), Baja California (US$27.7M), Ciudad de México (US$13.2M), and Estado de México (US$12.4M).
The countries with the most international sales to Mexico in 2023 were United States (US$76.7M), China (US$53.4M), Taiwan (Republic of China) (US$11.7M), Spain (US$10.5M), and Canada (US$8.35M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fittings and Similar Articles., of Base Metal, for Furniture and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fittings and Similar Articles., of Base Metal, for Furniture. 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- 1.04%, Mexican share in global exports - 2022
- 2.14%, Mexican share in global imports - 2022
The visualizations show the global market for Fittings and Similar Articles., of Base Metal, for Furniture. 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 Fittings and Similar Articles., of Base Metal, for Furniture were China (US$4.77B), Austria (US$1.65B), and Germany (US$1.04B). In the same year, the main importing countries for Fittings and Similar Articles., of Base Metal, for Furniture were United States (US$1.59B), Germany (US$878M), and Poland (US$596M).