ProceduresGovernment

Music Boxes

Código 920810 (Harmonized System 2012 by 6 digits)

2019: US$2.9k, International Sales

  2023: US$281k, International Purchases

The states with the most international purchases in 2023 were Ciudad de México (US$182k), Jalisco (US$20.4k), and Baja California (US$702).

The main commercial origins of Music Boxes in 2023 were China (US$191k), Switzerland (US$7.05k), France (US$3.15k), Italy (US$1.47k), and Sri Lanka (US$434).

In the global context, the main exporting countries of Music Boxes in 2022 were China (US$55.9M), Switzerland (US$4.09M), and Germany (US$2.81M). In the same year, the main importing countries of Music Boxes were United States (US$27.8M), South Korea (US$4.81M), and Japan (US$4.55M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Music Boxes 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$27.6k, International Purchases

In July 2024, international sales of Music Boxes were US$0, while international purchases reached US$27.6k. The above results in a trade balance of -US$27.6k.

Exchange by Territory

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International Purchases

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Ciudad de México: US$182k, State with the Most International Purchases (2023)

China: US$191k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Music Boxes were Ciudad de México (US$182k), Jalisco (US$20.4k), and Baja California (US$702).

The countries with the most international sales to Mexico in 2023 were China (US$191k), Switzerland (US$7.05k), France (US$3.15k), Italy (US$1.47k), and Sri Lanka (US$434).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Music Boxes  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Music Boxes. 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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  • 0.0035%, Mexican share in global exports - 2022
  • 0.74%, Mexican share in global imports - 2022

The visualizations show the global market for Music Boxes. 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 Music Boxes were China (US$55.9M), Switzerland (US$4.09M), and Germany (US$2.81M). In the same year, the main importing countries for Music Boxes were United States (US$27.8M), South Korea (US$4.81M), and Japan (US$4.55M).