Fuses and Fuse Cutouts, for a Voltage> 1000 V
Código 853510 (Harmonized System 2012 by 6 digits)
2023: US$175M, Total Trade Exchange
2023: US$109M, International Sales
2023: US$66.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fuses and Fuse Cutouts, for a Voltage> 1000 V was US$175M.
In 2023, the states with the most international sales in Fuses and Fuse Cutouts, for a Voltage> 1000 V were Ciudad de México (US$46.8M), Chihuahua (US$40.4M), Coahuila de Zaragoza (US$1.42M), Baja California (US$425k), and Estado de México (US$424k).
The states with the most international purchases in 2023 were Chihuahua (US$37.7M), Nuevo León (US$10.6M), San Luis Potosí (US$5.9M), Baja California (US$3.69M), and Ciudad de México (US$3.21M).
In 2023, the main commercial destinations of Fuses and Fuse Cutouts, for a Voltage> 1000 V were United States (US$89.3M), Ecuador (US$187k), Canada (US$114k), Chile (US$99.9k), and China (US$52.9k).
The main commercial origins of Fuses and Fuse Cutouts, for a Voltage> 1000 V in 2023 were Taiwan (Republic of China) (US$36.6M), United States (US$21.7M), Philippines (US$3.07M), China (US$1.16M), and Brazil (US$668k).
In the global context, the main exporting countries of Fuses and Fuse Cutouts, for a Voltage> 1000 V in 2022 were Mexico (US$142M), China (US$81.7M), and Philippines (US$81.7M). In the same year, the main importing countries of Fuses and Fuse Cutouts, for a Voltage> 1000 V were United States (US$171M), Hong Kong (US$51.9M), and Canada (US$29.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$175M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fuses and Fuse Cutouts, for a Voltage> 1000 V in Mexico (including international purchases and sales) was US$175M.
The visualizations show the net balance of Fuses and Fuse Cutouts, for a Voltage> 1000 V 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$1.92M, International Purchases
- US$12.2M, International Sales
In July 2024, international sales of Fuses and Fuse Cutouts, for a Voltage> 1000 V were US$12.2M, while international purchases reached US$1.92M. The above results in a trade balance of US$10.3M.
Market Concentration
#permalink to section2024-Q3: US$25.7k, International Sales
The visualization shows the quarterly concentration of international sales of Fuses and Fuse Cutouts, for a Voltage> 1000 V at state level.
In the third quarter of 2024, international sales were US$25.7k, being the states with the most sales Nuevo León (US$25.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$46.8M, State with the Most International Sales (2023)
United States: US$89.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Fuses and Fuse Cutouts, for a Voltage> 1000 V were Ciudad de México (US$46.8M), Chihuahua (US$40.4M), Coahuila de Zaragoza (US$1.42M), Baja California (US$425k), and Estado de México (US$424k).
In 2023, the countries with the most international purchases from Mexico were United States (US$89.3M), Ecuador (US$187k), Canada (US$114k), Chile (US$99.9k), and China (US$52.9k).
International Purchases
#permalink to sectionChihuahua: US$37.7M, State with the Most International Purchases (2023)
Taiwan (Republic of China): US$36.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fuses and Fuse Cutouts, for a Voltage> 1000 V were Chihuahua (US$37.7M), Nuevo León (US$10.6M), San Luis Potosí (US$5.9M), Baja California (US$3.69M), and Ciudad de México (US$3.21M).
The countries with the most international sales to Mexico in 2023 were Taiwan (Republic of China) (US$36.6M), United States (US$21.7M), Philippines (US$3.07M), China (US$1.16M), and Brazil (US$668k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fuses and Fuse Cutouts, for a Voltage> 1000 V and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fuses and Fuse Cutouts, for a Voltage> 1000 V. 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- 23.9%, Mexican share in global exports - 2022
- 4.37%, Mexican share in global imports - 2022
The visualizations show the global market for Fuses and Fuse Cutouts, for a Voltage> 1000 V. 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 Fuses and Fuse Cutouts, for a Voltage> 1000 V were Mexico (US$142M), China (US$81.7M), and Philippines (US$81.7M). In the same year, the main importing countries for Fuses and Fuse Cutouts, for a Voltage> 1000 V were United States (US$171M), Hong Kong (US$51.9M), and Canada (US$29.3M).