Instruments and Apparatus for Regulating or Controlling
Código 9032 (Harmonized System 2012 by 4 digits)
2023: US$4.47B, Total Trade Exchange
2023: US$2.85B, International Sales
2023: US$1.62B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Instruments and Apparatus for Regulating or Controlling was US$4.47B.
In 2023, the states with the most international sales in Instruments and Apparatus for Regulating or Controlling were Chihuahua (US$1.15B), Guanajuato (US$441M), Tamaulipas (US$363M), Nuevo León (US$247M), and Baja California (US$191M).
The states with the most international purchases in 2023 were Estado de México (US$210M), Ciudad de México (US$208M), Nuevo León (US$186M), Puebla (US$177M), and Tamaulipas (US$175M).
In 2023, the main commercial destinations of Instruments and Apparatus for Regulating or Controlling were United States (US$2.67B), Germany (US$43.5M), Brazil (US$39.4M), South Korea (US$20.3M), and China (US$15.4M).
The main commercial origins of Instruments and Apparatus for Regulating or Controlling in 2023 were United States (US$706M), China (US$232M), Germany (US$151M), Japan (US$112M), and South Korea (US$43M).
In the global context, the main exporting countries of Instruments and Apparatus for Regulating or Controlling in 2022 were China (US$5.69B), Japan (US$4.9B), and Germany (US$4.33B). In the same year, the main importing countries of Instruments and Apparatus for Regulating or Controlling were United States (US$6.22B), China (US$3.86B), and Germany (US$3B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.47B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Instruments and Apparatus for Regulating or Controlling in Mexico (including international purchases and sales) was US$4.47B.
The visualizations show the net balance of Instruments and Apparatus for Regulating or Controlling 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$142M, International Purchases
- US$219M, International Sales
In July 2024, international sales of Instruments and Apparatus for Regulating or Controlling were US$219M, while international purchases reached US$142M. The above results in a trade balance of US$76.7M.
Market Concentration
#permalink to section2024-Q3: US$219M, International Sales
The visualization shows the quarterly concentration of international sales of Instruments and Apparatus for Regulating or Controlling at state level.
In the third quarter of 2024, international sales were US$219M, being the states with the most sales Chihuahua (US$81.9M), Tamaulipas (US$37.1M), and Guanajuato (US$23.9M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$1.15B, State with the Most International Sales (2023)
United States: US$2.67B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Instruments and Apparatus for Regulating or Controlling were Chihuahua (US$1.15B), Guanajuato (US$441M), Tamaulipas (US$363M), Nuevo León (US$247M), and Baja California (US$191M).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.67B), Germany (US$43.5M), Brazil (US$39.4M), South Korea (US$20.3M), and China (US$15.4M).
International Purchases
#permalink to sectionEstado de México: US$210M, State with the Most International Purchases (2023)
United States: US$706M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Instruments and Apparatus for Regulating or Controlling were Estado de México (US$210M), Ciudad de México (US$208M), Nuevo León (US$186M), Puebla (US$177M), and Tamaulipas (US$175M).
The countries with the most international sales to Mexico in 2023 were United States (US$706M), China (US$232M), Germany (US$151M), Japan (US$112M), and South Korea (US$43M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Instruments and Apparatus for Regulating or Controlling 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 Regulating or Controlling. 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- 7.38%, Mexican share in global exports - 2022
- 3.79%, Mexican share in global imports - 2022
The visualizations show the global market for Instruments and Apparatus for Regulating or Controlling. 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 Regulating or Controlling were China (US$5.69B), Japan (US$4.9B), and Germany (US$4.33B). In the same year, the main importing countries for Instruments and Apparatus for Regulating or Controlling were United States (US$6.22B), China (US$3.86B), and Germany (US$3B).