ProceduresGovernment

Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment)

Código 901480 (Harmonized System 2012 by 6 digits)

 2023: US$195M, Total Trade Exchange

2023: US$134M, International Sales

  2023: US$60.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) was US$195M.

In 2023, the states with the most international sales in Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were Baja California (US$124M), Veracruz de Ignacio de la Llave (US$230k), Ciudad de México (US$83.7k), and Tamaulipas (US$71.7k).

The states with the most international purchases in 2023 were Baja California (US$55M), Veracruz de Ignacio de la Llave (US$719k), Sinaloa (US$613k), Nuevo León (US$442k), and Ciudad de México (US$322k).

In 2023, the main commercial destinations of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were United States (US$124M), United Kingdom (US$157k), Germany (US$43.9k), Norway (US$18k), and Belize (US$3.16k).

The main commercial origins of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) in 2023 were Taiwan (Republic of China) (US$43.6M), United States (US$12.1M), China (US$592k), Norway (US$404k), and Japan (US$371k).

In the global context, the main exporting countries of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) in 2022 were United States (US$363M), Taiwan (Republic of China) (US$346M), and United Kingdom (US$220M). In the same year, the main importing countries of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were United States (US$464M), United Kingdom (US$175M), and Netherlands (US$95.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$195M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) in Mexico (including international purchases and sales) was US$195M.

The visualizations show the net balance of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) 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$1.97M, International Purchases
  • US$8.15M, International Sales

In July 2024, international sales of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were US$8.15M, while international purchases reached US$1.97M. The above results in a trade balance of US$6.18M.

Market Concentration

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2024-Q3: US$7.01M, International Sales

The visualization shows the quarterly concentration of international sales of Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) at state level.

In the third quarter of 2024, international sales were US$7.01M, being the states with the most sales Baja California (US$7.01M).

Exchange by Territory

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International Sales

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Baja California: US$124M, State with the Most International Sales (2023)

United States: US$124M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were Baja California (US$124M), Veracruz de Ignacio de la Llave (US$230k), Ciudad de México (US$83.7k), and Tamaulipas (US$71.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$124M), United Kingdom (US$157k), Germany (US$43.9k), Norway (US$18k), and Belize (US$3.16k).

International Purchases

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Baja California: US$55M, State with the Most International Purchases (2023)

Taiwan (Republic of China): US$43.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were Baja California (US$55M), Veracruz de Ignacio de la Llave (US$719k), Sinaloa (US$613k), Nuevo León (US$442k), and Ciudad de México (US$322k).

The countries with the most international sales to Mexico in 2023 were Taiwan (Republic of China) (US$43.6M), United States (US$12.1M), China (US$592k), Norway (US$404k), and Japan (US$371k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment). 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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  • 7.84%, Mexican share in global exports - 2022
  • 2.58%, Mexican share in global imports - 2022

The visualizations show the global market for Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment). 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 Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were United States (US$363M), Taiwan (Republic of China) (US$346M), and United Kingdom (US$220M). In the same year, the main importing countries for Navigation Instruments and Apparatus (Excl. those for Aeronautical or Space Navigation, Compasses and Radio Navigational Equipment) were United States (US$464M), United Kingdom (US$175M), and Netherlands (US$95.1M).