ProceduresGovernment

Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C

Código 903089 (Harmonized System 2012 by 6 digits)

 2023: US$356M, Total Trade Exchange

2023: US$200M, International Sales

  2023: US$156M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C was US$356M.

In 2023, the states with the most international sales in Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were Jalisco (US$112M), Chihuahua (US$41.6M), Baja California (US$23.1M), Tamaulipas (US$6M), and Sonora (US$4.54M).

The states with the most international purchases in 2023 were Jalisco (US$56.2M), Chihuahua (US$28M), Nuevo León (US$15.8M), Ciudad de México (US$13.2M), and Baja California (US$10.1M).

In 2023, the main commercial destinations of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were United States (US$145M), China (US$26.4M), South Korea (US$8.56M), Hong Kong (US$6.56M), and Taiwan (Republic of China) (US$2.47M).

The main commercial origins of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C in 2023 were United States (US$52.7M), Malaysia (US$30.5M), China (US$20.3M), Canada (US$9.82M), and Germany (US$9.21M).

In the global context, the main exporting countries of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C in 2022 were United States (US$396M), China (US$221M), and Japan (US$201M). In the same year, the main importing countries of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were China (US$243M), United States (US$229M), and Mexico (US$130M).

Trade Balance of Mexico

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Net Trade Balance

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US$356M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C in Mexico (including international purchases and sales) was US$356M.

The visualizations show the net balance of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C 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$13.2M, International Purchases
  • US$19.7M, International Sales

In July 2024, international sales of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were US$19.7M, while international purchases reached US$13.2M. The above results in a trade balance of US$6.48M.

Market Concentration

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2024-Q3: US$19.5M, International Sales

The visualization shows the quarterly concentration of international sales of Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C at state level.

In the third quarter of 2024, international sales were US$19.5M, being the states with the most sales Jalisco (US$12.9M), Chihuahua (US$2.46M), and Baja California (US$2.28M).

Exchange by Territory

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International Sales

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Jalisco: US$112M, State with the Most International Sales (2023)

United States: US$145M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were Jalisco (US$112M), Chihuahua (US$41.6M), Baja California (US$23.1M), Tamaulipas (US$6M), and Sonora (US$4.54M).

In 2023, the countries with the most international purchases from Mexico were United States (US$145M), China (US$26.4M), South Korea (US$8.56M), Hong Kong (US$6.56M), and Taiwan (Republic of China) (US$2.47M).

International Purchases

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Jalisco: US$56.2M, State with the Most International Purchases (2023)

United States: US$52.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were Jalisco (US$56.2M), Chihuahua (US$28M), Nuevo León (US$15.8M), Ciudad de México (US$13.2M), and Baja California (US$10.1M).

The countries with the most international sales to Mexico in 2023 were United States (US$52.7M), Malaysia (US$30.5M), China (US$20.3M), Canada (US$9.82M), and Germany (US$9.21M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C. 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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  • 2.47%, Mexican share in global exports - 2022
  • 6.3%, Mexican share in global imports - 2022

The visualizations show the global market for Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C. 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 Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were United States (US$396M), China (US$221M), and Japan (US$201M). In the same year, the main importing countries for Instruments and Apparatus for Measuring or Checking Electrical Quantities, without Recording Device, N.E.C were China (US$243M), United States (US$229M), and Mexico (US$130M).