ProceduresGovernment

Metal Furniture for Offices (Excl. Seats)

Código 940310 (Harmonized System 2012 by 6 digits)

 2023: US$73.3M, Total Trade Exchange

2023: US$46.9M, International Sales

  2023: US$26.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Metal Furniture for Offices (Excl. Seats) was US$73.3M.

In 2023, the states with the most international sales in Metal Furniture for Offices (Excl. Seats) were Baja California (US$39.1M), Nuevo León (US$2.69M), Sonora (US$1.65M), Chihuahua (US$789k), and Jalisco (US$699k).

The states with the most international purchases in 2023 were Ciudad de México (US$15.5M), Baja California (US$5.27M), Nuevo León (US$2.23M), Jalisco (US$856k), and Chihuahua (US$742k).

In 2023, the main commercial destinations of Metal Furniture for Offices (Excl. Seats) were United States (US$45.3M), Panama (US$299k), Guatemala (US$147k), Honduras (US$87.7k), and Puerto Rico (US$58.9k).

The main commercial origins of Metal Furniture for Offices (Excl. Seats) in 2023 were United States (US$16.9M), China (US$3.95M), Canada (US$2.84M), Spain (US$1.21M), and Taiwan (Republic of China) (US$318k).

In the global context, the main exporting countries of Metal Furniture for Offices (Excl. Seats) in 2022 were China (US$992M), Canada (US$489M), and Germany (US$220M). In the same year, the main importing countries of Metal Furniture for Offices (Excl. Seats) were United States (US$958M), Germany (US$254M), and France (US$222M).

Trade Balance of Mexico

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Net Trade Balance

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US$73.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Metal Furniture for Offices (Excl. Seats) in Mexico (including international purchases and sales) was US$73.3M.

The visualizations show the net balance of Metal Furniture for Offices (Excl. Seats) 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$2.22M, International Purchases
  • US$3.41M, International Sales

In July 2024, international sales of Metal Furniture for Offices (Excl. Seats) were US$3.41M, while international purchases reached US$2.22M. The above results in a trade balance of US$1.19M.

Market Concentration

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2024-Q3: US$3.24M, International Sales

The visualization shows the quarterly concentration of international sales of Metal Furniture for Offices (Excl. Seats) at state level.

In the third quarter of 2024, international sales were US$3.24M, being the states with the most sales Baja California (US$2.98M), Sonora (US$190k), and Ciudad de México (US$20.2k).

Exchange by Territory

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International Sales

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Baja California: US$39.1M, State with the Most International Sales (2023)

United States: US$45.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Metal Furniture for Offices (Excl. Seats) were Baja California (US$39.1M), Nuevo León (US$2.69M), Sonora (US$1.65M), Chihuahua (US$789k), and Jalisco (US$699k).

In 2023, the countries with the most international purchases from Mexico were United States (US$45.3M), Panama (US$299k), Guatemala (US$147k), Honduras (US$87.7k), and Puerto Rico (US$58.9k).

International Purchases

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Ciudad de México: US$15.5M, State with the Most International Purchases (2023)

United States: US$16.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Metal Furniture for Offices (Excl. Seats) were Ciudad de México (US$15.5M), Baja California (US$5.27M), Nuevo León (US$2.23M), Jalisco (US$856k), and Chihuahua (US$742k).

The countries with the most international sales to Mexico in 2023 were United States (US$16.9M), China (US$3.95M), Canada (US$2.84M), Spain (US$1.21M), and Taiwan (Republic of China) (US$318k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Metal Furniture for Offices (Excl. Seats)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Metal Furniture for Offices (Excl. Seats). 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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  • 2.27%, Mexican share in global exports - 2022
  • 0.87%, Mexican share in global imports - 2022

The visualizations show the global market for Metal Furniture for Offices (Excl. Seats). 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 Metal Furniture for Offices (Excl. Seats) were China (US$992M), Canada (US$489M), and Germany (US$220M). In the same year, the main importing countries for Metal Furniture for Offices (Excl. Seats) were United States (US$958M), Germany (US$254M), and France (US$222M).