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
#permalink to sectionNet Trade Balance
#permalink to sectionThe 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
#permalink to sectionNovember, 2024: US$172k, International Purchases
In November 2024, international sales of Music Boxes were US$0, while international purchases reached US$172k. The above results in a trade balance of -US$172k.
Exchange by Territory
#permalink to sectionInternational Purchases
#permalink to sectionCiudad 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
#permalink to sectionSpecialization by State
#permalink to sectionThe 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 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).