ProceduresGovernment

Furniture Designed to Receive Refrigerating Equipment

Código 841891 (Harmonized System 2012 by 6 digits)

 2023: US$20M, Total Trade Exchange

2023: US$16.2M, International Sales

  2023: US$3.85M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Furniture Designed to Receive Refrigerating Equipment was US$20M.

In 2023, the states with the most international sales in Furniture Designed to Receive Refrigerating Equipment were Nuevo León (US$13.1M) and Tamaulipas (US$2.85M).

The states with the most international purchases in 2023 were Nuevo León (US$1.12M), Estado de México (US$441k), Sonora (US$372k), Ciudad de México (US$331k), and Quintana Roo (US$95.1k).

In 2023, the main commercial destinations of Furniture Designed to Receive Refrigerating Equipment were United States (US$15.9M), Peru (US$17.4k), China (US$13.2k), South Korea (US$2.06k), and Vietnam (US$784).

The main commercial origins of Furniture Designed to Receive Refrigerating Equipment in 2023 were United States (US$1.63M), China (US$294k), Italy (US$275k), France (US$156k), and Spain (US$86.7k).

In the global context, the main exporting countries of Furniture Designed to Receive Refrigerating Equipment in 2022 were China (US$59.7M), Italy (US$32.1M), and Germany (US$28.4M). In the same year, the main importing countries of Furniture Designed to Receive Refrigerating Equipment were United States (US$37.6M), United Kingdom (US$22.3M), and Canada (US$19M).

Trade Balance of Mexico

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Net Trade Balance

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US$20M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Furniture Designed to Receive Refrigerating Equipment in Mexico (including international purchases and sales) was US$20M.

The visualizations show the net balance of Furniture Designed to Receive Refrigerating Equipment 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$496k, International Purchases
  • US$2.19M, International Sales

In July 2024, international sales of Furniture Designed to Receive Refrigerating Equipment were US$2.19M, while international purchases reached US$496k. The above results in a trade balance of US$1.69M.

Exchange by Territory

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International Sales

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Nuevo León: US$13.1M, State with the Most International Sales (2023)

United States: US$15.9M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Furniture Designed to Receive Refrigerating Equipment were Nuevo León (US$13.1M) and Tamaulipas (US$2.85M).

In 2023, the countries with the most international purchases from Mexico were United States (US$15.9M), Peru (US$17.4k), China (US$13.2k), South Korea (US$2.06k), and Vietnam (US$784).

International Purchases

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Nuevo León: US$1.12M, State with the Most International Purchases (2023)

United States: US$1.63M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Furniture Designed to Receive Refrigerating Equipment were Nuevo León (US$1.12M), Estado de México (US$441k), Sonora (US$372k), Ciudad de México (US$331k), and Quintana Roo (US$95.1k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.63M), China (US$294k), Italy (US$275k), France (US$156k), and Spain (US$86.7k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Furniture Designed to Receive Refrigerating Equipment  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Furniture Designed to Receive Refrigerating Equipment. 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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  • 4.89%, Mexican share in global exports - 2022
  • 2.44%, Mexican share in global imports - 2022

The visualizations show the global market for Furniture Designed to Receive Refrigerating Equipment. 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 Furniture Designed to Receive Refrigerating Equipment were China (US$59.7M), Italy (US$32.1M), and Germany (US$28.4M). In the same year, the main importing countries for Furniture Designed to Receive Refrigerating Equipment were United States (US$37.6M), United Kingdom (US$22.3M), and Canada (US$19M).