Hearing Aids (Exc. Parts and Accessories)
Código 902140 (Harmonized System 2012 by 6 digits)
2023: US$721M, Total Trade Exchange
2023: US$520M, International Sales
2023: US$201M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Hearing Aids (Exc. Parts and Accessories) was US$721M.
In 2023, the states with the most international sales in Hearing Aids (Exc. Parts and Accessories) were Baja California (US$385M) and Ciudad de México (US$10.1k).
The states with the most international purchases in 2023 were Baja California (US$154M) and Ciudad de México (US$21M).
In 2023, the main commercial destinations of Hearing Aids (Exc. Parts and Accessories) were United States (US$381M), Canada (US$2.78M), Singapore (US$675k), Philippines (US$435k), and Poland (US$48.6k).
The main commercial origins of Hearing Aids (Exc. Parts and Accessories) in 2023 were Denmark (US$88.7M), Singapore (US$78.3M), China (US$3.19M), United States (US$2.41M), and Vietnam (US$1.87M).
In the global context, the main exporting countries of Hearing Aids (Exc. Parts and Accessories) in 2022 were Poland (US$1.2B), Vietnam (US$690M), and China (US$618M). In the same year, the main importing countries of Hearing Aids (Exc. Parts and Accessories) were United States (US$2.04B), Germany (US$509M), and France (US$428M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$721M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Hearing Aids (Exc. Parts and Accessories) in Mexico (including international purchases and sales) was US$721M.
The visualizations show the net balance of Hearing Aids (Exc. Parts and Accessories) 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 sectionNovember, 2024
- US$31.7M, International Purchases
- US$128M, International Sales
In November 2024, international sales of Hearing Aids (Exc. Parts and Accessories) were US$128M, while international purchases reached US$31.7M. The above results in a trade balance of US$95.9M.
Market Concentration
#permalink to section2024-Q4: US$266M, International Sales
The visualization shows the quarterly concentration of international sales of Hearing Aids (Exc. Parts and Accessories) at state level.
In the fourth quarter of 2024, international sales were US$266M, being the states with the most sales Baja California (US$266M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$385M, State with the Most International Sales (2023)
United States: US$381M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Hearing Aids (Exc. Parts and Accessories) were Baja California (US$385M) and Ciudad de México (US$10.1k).
In 2023, the countries with the most international purchases from Mexico were United States (US$381M), Canada (US$2.78M), Singapore (US$675k), Philippines (US$435k), and Poland (US$48.6k).
International Purchases
#permalink to sectionBaja California: US$154M, State with the Most International Purchases (2023)
Denmark: US$88.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Hearing Aids (Exc. Parts and Accessories) were Baja California (US$154M) and Ciudad de México (US$21M).
The countries with the most international sales to Mexico in 2023 were Denmark (US$88.7M), Singapore (US$78.3M), China (US$3.19M), United States (US$2.41M), and Vietnam (US$1.87M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Hearing Aids (Exc. Parts and Accessories) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Hearing Aids (Exc. Parts and Accessories). 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- 6.13%, Mexican share in global exports - 2022
- 2.05%, Mexican share in global imports - 2022
The visualizations show the global market for Hearing Aids (Exc. Parts and Accessories). 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 Hearing Aids (Exc. Parts and Accessories) were Poland (US$1.2B), Vietnam (US$690M), and China (US$618M). In the same year, the main importing countries for Hearing Aids (Exc. Parts and Accessories) were United States (US$2.04B), Germany (US$509M), and France (US$428M).