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Locks of a Kind Used in Motor Vehicles, of Base Metal

Código 830120 (Harmonized System 2012 by 6 digits)

 2023: US$592M, Total Trade Exchange

2023: US$465M, International Sales

  2023: US$127M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Locks of a Kind Used in Motor Vehicles, of Base Metal was US$592M.

In 2023, the states with the most international sales in Locks of a Kind Used in Motor Vehicles, of Base Metal were Puebla (US$187M), Chihuahua (US$74.9M), Nuevo León (US$74.2M), Guanajuato (US$70.3M), and Tamaulipas (US$24.1M).

The states with the most international purchases in 2023 were Estado de México (US$36.4M), Ciudad de México (US$32.8M), Guanajuato (US$15.7M), Puebla (US$15.5M), and Querétaro (US$5.42M).

In 2023, the main commercial destinations of Locks of a Kind Used in Motor Vehicles, of Base Metal were United States (US$418M), Brazil (US$19.1M), Germany (US$11.5M), Canada (US$6.01M), and Argentina (US$2.9M).

The main commercial origins of Locks of a Kind Used in Motor Vehicles, of Base Metal in 2023 were United States (US$30.6M), Canada (US$30M), China (US$17.4M), Italy (US$13.2M), and South Korea (US$6.96M).

In the global context, the main exporting countries of Locks of a Kind Used in Motor Vehicles, of Base Metal in 2022 were Mexico (US$456M), Czech Republic (US$434M), and China (US$371M). In the same year, the main importing countries of Locks of a Kind Used in Motor Vehicles, of Base Metal were United States (US$755M), Germany (US$405M), and China (US$186M).

Trade Balance of Mexico

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Net Trade Balance

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US$592M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Locks of a Kind Used in Motor Vehicles, of Base Metal in Mexico (including international purchases and sales) was US$592M.

The visualizations show the net balance of Locks of a Kind Used in Motor Vehicles, of Base 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

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July, 2024

  • US$12.5M, International Purchases
  • US$38.2M, International Sales

In July 2024, international sales of Locks of a Kind Used in Motor Vehicles, of Base Metal were US$38.2M, while international purchases reached US$12.5M. The above results in a trade balance of US$25.7M.

Market Concentration

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2024-Q3: US$38.2M, International Sales

The visualization shows the quarterly concentration of international sales of Locks of a Kind Used in Motor Vehicles, of Base Metal at state level.

In the third quarter of 2024, international sales were US$38.2M, being the states with the most sales Puebla (US$11.8M), Nuevo León (US$8.39M), and Chihuahua (US$7.14M).

Exchange by Territory

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International Sales

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Puebla: US$187M, State with the Most International Sales (2023)

United States: US$418M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Locks of a Kind Used in Motor Vehicles, of Base Metal were Puebla (US$187M), Chihuahua (US$74.9M), Nuevo León (US$74.2M), Guanajuato (US$70.3M), and Tamaulipas (US$24.1M).

In 2023, the countries with the most international purchases from Mexico were United States (US$418M), Brazil (US$19.1M), Germany (US$11.5M), Canada (US$6.01M), and Argentina (US$2.9M).

International Purchases

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Estado de México: US$36.4M, State with the Most International Purchases (2023)

United States: US$30.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Locks of a Kind Used in Motor Vehicles, of Base Metal were Estado de México (US$36.4M), Ciudad de México (US$32.8M), Guanajuato (US$15.7M), Puebla (US$15.5M), and Querétaro (US$5.42M).

The countries with the most international sales to Mexico in 2023 were United States (US$30.6M), Canada (US$30M), China (US$17.4M), Italy (US$13.2M), and South Korea (US$6.96M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Locks of a Kind Used in Motor Vehicles, of Base 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 Motor Vehicles, of Base 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.

Origins and Trade Destinations

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  • 13.9%, Mexican share in global exports - 2022
  • 3.37%, Mexican share in global imports - 2022

The visualizations show the global market for Locks of a Kind Used in Motor Vehicles, of Base 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 Motor Vehicles, of Base Metal were Mexico (US$456M), Czech Republic (US$434M), and China (US$371M). In the same year, the main importing countries for Locks of a Kind Used in Motor Vehicles, of Base Metal were United States (US$755M), Germany (US$405M), and China (US$186M).