Others Musical String (For Example, Guitars, Violins, Harps) Instruments
Código 9202 (Harmonized System 2012 by 4 digits)
2023: US$61.6M, Total Trade Exchange
2023: US$48.3M, International Sales
2023: US$13.3M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Others Musical String (For Example, Guitars, Violins, Harps) Instruments was US$61.6M.
In 2023, the states with the most international sales in Others Musical String (For Example, Guitars, Violins, Harps) Instruments were Baja California (US$28.8M) and Ciudad de México (US$9.17k).
The states with the most international purchases in 2023 were Ciudad de México (US$5.55M), Baja California (US$2.74M), Jalisco (US$2.41M), Nuevo León (US$434k), and Estado de México (US$242k).
In 2023, the main commercial destinations of Others Musical String (For Example, Guitars, Violins, Harps) Instruments were United States (US$28.8M), Cuba (US$230), Uganda (US$172), and Venezuela (US$100).
The main commercial origins of Others Musical String (For Example, Guitars, Violins, Harps) Instruments in 2023 were China (US$7.25M), Indonesia (US$3.04M), United States (US$987k), Canada (US$134k), and Japan (US$56.6k).
In the global context, the main exporting countries of Others Musical String (For Example, Guitars, Violins, Harps) Instruments in 2022 were China (US$505M), United States (US$142M), and Indonesia (US$116M). In the same year, the main importing countries of Others Musical String (For Example, Guitars, Violins, Harps) Instruments were United States (US$267M), Germany (US$87.4M), and Japan (US$59.6M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$61.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Others Musical String (For Example, Guitars, Violins, Harps) Instruments in Mexico (including international purchases and sales) was US$61.6M.
The visualizations show the net balance of Others Musical String (For Example, Guitars, Violins, Harps) Instruments 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 sectionJuly, 2024
- US$1.19M, International Purchases
- US$3.15M, International Sales
In July 2024, international sales of Others Musical String (For Example, Guitars, Violins, Harps) Instruments were US$3.15M, while international purchases reached US$1.19M. The above results in a trade balance of US$1.96M.
Market Concentration
#permalink to section2024-Q3: US$2.05M, International Sales
The visualization shows the quarterly concentration of international sales of Others Musical String (For Example, Guitars, Violins, Harps) Instruments at state level.
In the third quarter of 2024, international sales were US$2.05M, being the states with the most sales Baja California (US$2.05M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$28.8M, State with the Most International Sales (2023)
United States: US$28.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Others Musical String (For Example, Guitars, Violins, Harps) Instruments were Baja California (US$28.8M) and Ciudad de México (US$9.17k).
In 2023, the countries with the most international purchases from Mexico were United States (US$28.8M), Cuba (US$230), Uganda (US$172), and Venezuela (US$100).
International Purchases
#permalink to sectionCiudad de México: US$5.55M, State with the Most International Purchases (2023)
China: US$7.25M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Others Musical String (For Example, Guitars, Violins, Harps) Instruments were Ciudad de México (US$5.55M), Baja California (US$2.74M), Jalisco (US$2.41M), Nuevo León (US$434k), and Estado de México (US$242k).
The countries with the most international sales to Mexico in 2023 were China (US$7.25M), Indonesia (US$3.04M), United States (US$987k), Canada (US$134k), and Japan (US$56.6k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Others Musical String (For Example, Guitars, Violins, Harps) Instruments and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Others Musical String (For Example, Guitars, Violins, Harps) Instruments. 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- 8.46%, Mexican share in global exports - 2022
- 0.81%, Mexican share in global imports - 2022
The visualizations show the global market for Others Musical String (For Example, Guitars, Violins, Harps) Instruments. 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 Others Musical String (For Example, Guitars, Violins, Harps) Instruments were China (US$505M), United States (US$142M), and Indonesia (US$116M). In the same year, the main importing countries for Others Musical String (For Example, Guitars, Violins, Harps) Instruments were United States (US$267M), Germany (US$87.4M), and Japan (US$59.6M).