ProceduresGovernment

Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05

Código 8310 (Harmonized System 2012 by 4 digits)

 2023: US$70.1M, Total Trade Exchange

2023: US$23.1M, International Sales

  2023: US$47.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 was US$70.1M.

In 2023, the states with the most international sales in Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were Nuevo León (US$7.38M), Tamaulipas (US$5.66M), Baja California (US$4.07M), Chihuahua (US$1.69M), and Ciudad de México (US$506k).

The states with the most international purchases in 2023 were Nuevo León (US$7.05M), Querétaro (US$6.35M), Tamaulipas (US$4.66M), Ciudad de México (US$4.34M), and Chihuahua (US$4M).

In 2023, the main commercial destinations of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were United States (US$19.6M), Canada (US$84.1k), Malaysia (US$58.6k), Switzerland (US$44.9k), and Colombia (US$25.3k).

The main commercial origins of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 in 2023 were United States (US$18.9M), China (US$11.9M), South Korea (US$2.19M), France (US$1.6M), and Italy (US$1.44M).

In the global context, the main exporting countries of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 in 2022 were China (US$333M), Germany (US$114M), and United States (US$82.5M). In the same year, the main importing countries of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were United States (US$141M), Germany (US$57.7M), and China (US$51M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$70.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 in Mexico (including international purchases and sales) was US$70.1M.

The visualizations show the net balance of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 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 section

July, 2024

  • US$3.89M, International Purchases
  • US$1.94M, International Sales

In July 2024, international sales of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were US$1.94M, while international purchases reached US$3.89M. The above results in a trade balance of -US$1.95M.

Market Concentration

#permalink to section

2024-Q3: US$1.71M, International Sales

The visualization shows the quarterly concentration of international sales of Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 at state level.

In the third quarter of 2024, international sales were US$1.71M, being the states with the most sales Nuevo León (US$772k), Tamaulipas (US$427k), and Baja California (US$411k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$7.38M, State with the Most International Sales (2023)

United States: US$19.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were Nuevo León (US$7.38M), Tamaulipas (US$5.66M), Baja California (US$4.07M), Chihuahua (US$1.69M), and Ciudad de México (US$506k).

In 2023, the countries with the most international purchases from Mexico were United States (US$19.6M), Canada (US$84.1k), Malaysia (US$58.6k), Switzerland (US$44.9k), and Colombia (US$25.3k).

International Purchases

#permalink to section

Nuevo León: US$7.05M, State with the Most International Purchases (2023)

United States: US$18.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were Nuevo León (US$7.05M), Querétaro (US$6.35M), Tamaulipas (US$4.66M), Ciudad de México (US$4.34M), and Chihuahua (US$4M).

The countries with the most international sales to Mexico in 2023 were United States (US$18.9M), China (US$11.9M), South Korea (US$2.19M), France (US$1.6M), and Italy (US$1.44M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05. 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

#permalink to section

  • 2.58%, Mexican share in global exports - 2022
  • 4.08%, Mexican share in global imports - 2022

The visualizations show the global market for Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05. 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 Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were China (US$333M), Germany (US$114M), and United States (US$82.5M). In the same year, the main importing countries for Indicator Plates, Nameplates, Address Plates and Similar Plates, Numbers, Letters and Signs several of Metal, except those of Heading 94.05 were United States (US$141M), Germany (US$57.7M), and China (US$51M).