ProceduresGovernment

Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors"

Código 853210 (Harmonized System 2012 by 6 digits)

 2023: US$24.6M, Total Trade Exchange

2023: US$9.52M, International Sales

  2023: US$15.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" was US$24.6M.

In 2023, the states with the most international sales in Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were Nuevo León (US$3M), Chihuahua (US$2.12M), Baja California (US$162k), Ciudad de México (US$88k), and Tamaulipas (US$8.92k).

The states with the most international purchases in 2023 were Nuevo León (US$4.55M), Baja California (US$1.87M), Ciudad de México (US$1.78M), San Luis Potosí (US$1.03M), and Chihuahua (US$977k).

In 2023, the main commercial destinations of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were United States (US$5.32M), Belgium (US$55.8k), Denmark (US$4.6k), China (US$1.89k), and Canada (US$720).

The main commercial origins of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" in 2023 were China (US$2.83M), United States (US$2.3M), Israel (US$1.67M), Romania (US$1.48M), and India (US$992k).

In the global context, the main exporting countries of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" in 2022 were China (US$154M), United States (US$47.8M), and India (US$47.6M). In the same year, the main importing countries of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were Malaysia (US$79.1M), United States (US$54.3M), and Germany (US$48.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$24.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" in Mexico (including international purchases and sales) was US$24.6M.

The visualizations show the net balance of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" 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$1.12M, International Purchases
  • US$1.69M, International Sales

In July 2024, international sales of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were US$1.69M, while international purchases reached US$1.12M. The above results in a trade balance of US$565k.

Market Concentration

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2024-Q3: US$1.11M, International Sales

The visualization shows the quarterly concentration of international sales of Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" at state level.

In the third quarter of 2024, international sales were US$1.11M, being the states with the most sales Nuevo León (US$1.11M).

Exchange by Territory

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International Sales

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Nuevo León: US$3M, State with the Most International Sales (2023)

United States: US$5.32M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were Nuevo León (US$3M), Chihuahua (US$2.12M), Baja California (US$162k), Ciudad de México (US$88k), and Tamaulipas (US$8.92k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.32M), Belgium (US$55.8k), Denmark (US$4.6k), China (US$1.89k), and Canada (US$720).

International Purchases

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Nuevo León: US$4.55M, State with the Most International Purchases (2023)

China: US$2.83M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were Nuevo León (US$4.55M), Baja California (US$1.87M), Ciudad de México (US$1.78M), San Luis Potosí (US$1.03M), and Chihuahua (US$977k).

The countries with the most international sales to Mexico in 2023 were China (US$2.83M), United States (US$2.3M), Israel (US$1.67M), Romania (US$1.48M), and India (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 Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors"  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors". 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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  • 1.4%, Mexican share in global exports - 2022
  • 2.05%, Mexican share in global imports - 2022

The visualizations show the global market for Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors". 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 Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were China (US$154M), United States (US$47.8M), and India (US$47.6M). In the same year, the main importing countries for Fixed Capacitors Designed for 50/60 Hz Power Grids, for a Reactive Power> = 0,5 Kvar "Power Capacitors" were Malaysia (US$79.1M), United States (US$54.3M), and Germany (US$48.1M).