ProceduresGovernment

Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales

Código 842310 (Harmonized System 2012 by 6 digits)

 2023: US$7.04M, Total Trade Exchange

2023: US$1.31M, International Sales

  2023: US$5.72M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales was US$7.04M.

In 2023, the states with the most international sales in Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were Estado de México (US$321k), Ciudad de México (US$79.1k), Baja California (US$19.2k), and Quintana Roo (US$244).

The states with the most international purchases in 2023 were Ciudad de México (US$3.29M), Estado de México (US$1.12M), Sinaloa (US$245k), Jalisco (US$227k), and Nuevo León (US$137k).

In 2023, the main commercial destinations of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were Ecuador (US$64.3k), Guatemala (US$62k), Chile (US$46.2k), Colombia (US$38k), and Peru (US$35.8k).

The main commercial origins of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales in 2023 were China (US$4.96M), Germany (US$337k), United States (US$68k), Japan (US$32.3k), and Taiwan (Republic of China) (US$24.2k).

In the global context, the main exporting countries of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales in 2022 were China (US$911M), Germany (US$70.7M), and United States (US$29M). In the same year, the main importing countries of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were United States (US$237M), Germany (US$110M), and France (US$61.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$7.04M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales in Mexico (including international purchases and sales) was US$7.04M.

The visualizations show the net balance of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales 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$732k, International Purchases
  • US$257k, International Sales

In July 2024, international sales of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were US$257k, while international purchases reached US$732k. The above results in a trade balance of -US$476k.

Market Concentration

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2024-Q3: US$24.5k, International Sales

The visualization shows the quarterly concentration of international sales of Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales at state level.

In the third quarter of 2024, international sales were US$24.5k, being the states with the most sales Ciudad de México (US$20.5k) and Baja California (US$4.01k).

Exchange by Territory

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International Sales

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Estado de México: US$321k, State with the Most International Sales (2023)

Ecuador: US$64.3k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were Estado de México (US$321k), Ciudad de México (US$79.1k), Baja California (US$19.2k), and Quintana Roo (US$244).

In 2023, the countries with the most international purchases from Mexico were Ecuador (US$64.3k), Guatemala (US$62k), Chile (US$46.2k), Colombia (US$38k), and Peru (US$35.8k).

International Purchases

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Ciudad de México: US$3.29M, State with the Most International Purchases (2023)

China: US$4.96M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were Ciudad de México (US$3.29M), Estado de México (US$1.12M), Sinaloa (US$245k), Jalisco (US$227k), and Nuevo León (US$137k).

The countries with the most international sales to Mexico in 2023 were China (US$4.96M), Germany (US$337k), United States (US$68k), Japan (US$32.3k), and Taiwan (Republic of China) (US$24.2k).

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 Weighing People, Incl Baby Scales.; Household Scales  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales. 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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  • 0.041%, Mexican share in global exports - 2022
  • 2.19%, Mexican share in global imports - 2022

The visualizations show the global market for Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales. 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 Weighing People, Incl Baby Scales.; Household Scales were China (US$911M), Germany (US$70.7M), and United States (US$29M). In the same year, the main importing countries for Instruments and Apparatus Weighing People, Incl Baby Scales.; Household Scales were United States (US$237M), Germany (US$110M), and France (US$61.2M).