Multimeters with Recording Mechanism
Código 903032 (Harmonized System 2012 by 6 digits)
2023: US$13.4M, Total Trade Exchange
2023: US$2.81M, International Sales
2023: US$10.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Multimeters with Recording Mechanism was US$13.4M.
In 2023, the states with the most international sales in Multimeters with Recording Mechanism were Tamaulipas (US$1.88M), Ciudad de México (US$370k), Baja California (US$143k), Jalisco (US$140k), and Chihuahua (US$69.4k).
The states with the most international purchases in 2023 were Ciudad de México (US$5.24M), Jalisco (US$1.26M), Nuevo León (US$882k), Baja California (US$837k), and Tamaulipas (US$392k).
In 2023, the main commercial destinations of Multimeters with Recording Mechanism were United States (US$2.59M), Germany (US$21.4k), France (US$16.6k), Malaysia (US$16.5k), and Colombia (US$14k).
The main commercial origins of Multimeters with Recording Mechanism in 2023 were United States (US$3.21M), Malaysia (US$2.31M), China (US$1.96M), India (US$698k), and Japan (US$489k).
In the global context, the main exporting countries of Multimeters with Recording Mechanism in 2022 were China (US$93.7M), United States (US$85.9M), and Germany (US$85M). In the same year, the main importing countries of Multimeters with Recording Mechanism were Germany (US$64.4M), United States (US$44.1M), and Netherlands (US$37.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$13.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Multimeters with Recording Mechanism in Mexico (including international purchases and sales) was US$13.4M.
The visualizations show the net balance of Multimeters with Recording Mechanism 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$736k, International Purchases
- US$294k, International Sales
In November 2024, international sales of Multimeters with Recording Mechanism were US$294k, while international purchases reached US$736k. The above results in a trade balance of -US$442k.
Market Concentration
#permalink to section2024-Q4: US$279k, International Sales
The visualization shows the quarterly concentration of international sales of Multimeters with Recording Mechanism at state level.
In the fourth quarter of 2024, international sales were US$279k, being the states with the most sales Tamaulipas (US$164k), Baja California (US$41.6k), and Chihuahua (US$31.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$1.88M, State with the Most International Sales (2023)
United States: US$2.59M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Multimeters with Recording Mechanism were Tamaulipas (US$1.88M), Ciudad de México (US$370k), Baja California (US$143k), Jalisco (US$140k), and Chihuahua (US$69.4k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.59M), Germany (US$21.4k), France (US$16.6k), Malaysia (US$16.5k), and Colombia (US$14k).
International Purchases
#permalink to sectionCiudad de México: US$5.24M, State with the Most International Purchases (2023)
United States: US$3.21M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Multimeters with Recording Mechanism were Ciudad de México (US$5.24M), Jalisco (US$1.26M), Nuevo León (US$882k), Baja California (US$837k), and Tamaulipas (US$392k).
The countries with the most international sales to Mexico in 2023 were United States (US$3.21M), Malaysia (US$2.31M), China (US$1.96M), India (US$698k), and Japan (US$489k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Multimeters with Recording Mechanism and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Multimeters with Recording Mechanism. 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- 0.8%, Mexican share in global exports - 2022
- 2.1%, Mexican share in global imports - 2022
The visualizations show the global market for Multimeters with Recording Mechanism. 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 Multimeters with Recording Mechanism were China (US$93.7M), United States (US$85.9M), and Germany (US$85M). In the same year, the main importing countries for Multimeters with Recording Mechanism were Germany (US$64.4M), United States (US$44.1M), and Netherlands (US$37.1M).