Locks of a Kind Used in Furniture, Common Metal
Código 830130 (Harmonized System 2012 by 6 digits)
2023: US$26M, Total Trade Exchange
2023: US$15.7M, International Sales
2023: US$10.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Locks of a Kind Used in Furniture, Common Metal was US$26M.
In 2023, the states with the most international sales in Locks of a Kind Used in Furniture, Common Metal were Sonora (US$13.8M), Tamaulipas (US$809k), Estado de México (US$263k), Coahuila de Zaragoza (US$200k), and Ciudad de México (US$166k).
The states with the most international purchases in 2023 were Baja California (US$1.56M), Ciudad de México (US$1.56M), Estado de México (US$1.34M), Sonora (US$1.21M), and Tamaulipas (US$1.17M).
In 2023, the main commercial destinations of Locks of a Kind Used in Furniture, Common Metal were United States (US$15.1M), Nicaragua (US$74.9k), Honduras (US$71.2k), Guatemala (US$61.8k), and Peru (US$60.4k).
The main commercial origins of Locks of a Kind Used in Furniture, Common Metal in 2023 were China (US$5.21M), United States (US$3.37M), Germany (US$436k), Thailand (US$284k), and Spain (US$284k).
In the global context, the main exporting countries of Locks of a Kind Used in Furniture, Common Metal in 2022 were China (US$231M), Germany (US$41.6M), and Taiwan (Republic of China) (US$24.2M). In the same year, the main importing countries of Locks of a Kind Used in Furniture, Common Metal were United States (US$67.4M), Germany (US$25.7M), and Singapore (US$20.7M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$26M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Locks of a Kind Used in Furniture, Common Metal in Mexico (including international purchases and sales) was US$26M.
The visualizations show the net balance of Locks of a Kind Used in Furniture, Common Metal 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$1.09M, International Purchases
- US$1.54M, International Sales
In July 2024, international sales of Locks of a Kind Used in Furniture, Common Metal were US$1.54M, while international purchases reached US$1.09M. The above results in a trade balance of US$450k.
Market Concentration
#permalink to section2024-Q3: US$1.45M, International Sales
The visualization shows the quarterly concentration of international sales of Locks of a Kind Used in Furniture, Common Metal at state level.
In the third quarter of 2024, international sales were US$1.45M, being the states with the most sales Sonora (US$1.4M), Estado de México (US$22.6k), and Baja California (US$16k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionSonora: US$13.8M, State with the Most International Sales (2023)
United States: US$15.1M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Locks of a Kind Used in Furniture, Common Metal were Sonora (US$13.8M), Tamaulipas (US$809k), Estado de México (US$263k), Coahuila de Zaragoza (US$200k), and Ciudad de México (US$166k).
In 2023, the countries with the most international purchases from Mexico were United States (US$15.1M), Nicaragua (US$74.9k), Honduras (US$71.2k), Guatemala (US$61.8k), and Peru (US$60.4k).
International Purchases
#permalink to sectionBaja California: US$1.56M, State with the Most International Purchases (2023)
China: US$5.21M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Locks of a Kind Used in Furniture, Common Metal were Baja California (US$1.56M), Ciudad de México (US$1.56M), Estado de México (US$1.34M), Sonora (US$1.21M), and Tamaulipas (US$1.17M).
The countries with the most international sales to Mexico in 2023 were China (US$5.21M), United States (US$3.37M), Germany (US$436k), Thailand (US$284k), and Spain (US$284k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Locks of a Kind Used in Furniture, Common Metal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Locks of a Kind Used in Furniture, Common Metal. 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- 2.9%, Mexican share in global exports - 2022
- 2.81%, Mexican share in global imports - 2022
The visualizations show the global market for Locks of a Kind Used in Furniture, Common Metal. 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 Locks of a Kind Used in Furniture, Common Metal were China (US$231M), Germany (US$41.6M), and Taiwan (Republic of China) (US$24.2M). In the same year, the main importing countries for Locks of a Kind Used in Furniture, Common Metal were United States (US$67.4M), Germany (US$25.7M), and Singapore (US$20.7M).