Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle
Código 700910 (Harmonized System 2012 by 6 digits)
2023: US$407M, Total Trade Exchange
2023: US$211M, International Sales
2023: US$196M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle was US$407M.
In 2023, the states with the most international sales in Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were Nuevo León (US$140M), San Luis Potosí (US$9.73M), Guanajuato (US$7.15M), Jalisco (US$1.54M), and Ciudad de México (US$1.46M).
The states with the most international purchases in 2023 were Ciudad de México (US$72.3M), Puebla (US$23.4M), Guanajuato (US$22.3M), Nuevo León (US$18.9M), and San Luis Potosí (US$15.9M).
In 2023, the main commercial destinations of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were United States (US$159M), Germany (US$307k), South Korea (US$213k), Colombia (US$190k), and Canada (US$177k).
The main commercial origins of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle in 2023 were United States (US$137M), China (US$19.4M), Italy (US$11.6M), Taiwan (Republic of China) (US$11.5M), and Japan (US$4.08M).
In the global context, the main exporting countries of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle in 2022 were United States (US$1.6B), Germany (US$486M), and China (US$422M). In the same year, the main importing countries of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were Germany (US$808M), United States (US$443M), and China (US$399M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$407M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle in Mexico (including international purchases and sales) was US$407M.
The visualizations show the net balance of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle 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 sectionNovember, 2024
- US$24.2M, International Purchases
- US$18.7M, International Sales
In November 2024, international sales of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were US$18.7M, while international purchases reached US$24.2M. The above results in a trade balance of -US$5.52M.
Market Concentration
#permalink to section2024-Q4: US$25.4M, International Sales
The visualization shows the quarterly concentration of international sales of Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle at state level.
In the fourth quarter of 2024, international sales were US$25.4M, being the states with the most sales Nuevo León (US$24.8M), Ciudad de México (US$356k), and Jalisco (US$207k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$140M, State with the Most International Sales (2023)
United States: US$159M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were Nuevo León (US$140M), San Luis Potosí (US$9.73M), Guanajuato (US$7.15M), Jalisco (US$1.54M), and Ciudad de México (US$1.46M).
In 2023, the countries with the most international purchases from Mexico were United States (US$159M), Germany (US$307k), South Korea (US$213k), Colombia (US$190k), and Canada (US$177k).
International Purchases
#permalink to sectionCiudad de México: US$72.3M, State with the Most International Purchases (2023)
United States: US$137M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were Ciudad de México (US$72.3M), Puebla (US$23.4M), Guanajuato (US$22.3M), Nuevo León (US$18.9M), and San Luis Potosí (US$15.9M).
The countries with the most international sales to Mexico in 2023 were United States (US$137M), China (US$19.4M), Italy (US$11.6M), Taiwan (Republic of China) (US$11.5M), and Japan (US$4.08M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle. 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- 4.37%, Mexican share in global exports - 2022
- 3.73%, Mexican share in global imports - 2022
The visualizations show the global market for Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle. 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 Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were United States (US$1.6B), Germany (US$486M), and China (US$422M). In the same year, the main importing countries for Mirrors Framed or Not, Incl. Rear-View Mirrors, Framed or without him Vehicle were Germany (US$808M), United States (US$443M), and China (US$399M).