ProceduresGovernment

Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators

Código 851190 (Harmonized System 2012 by 6 digits)

 2023: US$403M, Total Trade Exchange

2023: US$42.4M, International Sales

  2023: US$360M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators was US$403M.

In 2023, the states with the most international sales in Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were Tamaulipas (US$12.5M), Jalisco (US$9.04M), Estado de México (US$5.45M), San Luis Potosí (US$4.36M), and Querétaro (US$4.01M).

The states with the most international purchases in 2023 were San Luis Potosí (US$79.7M), Estado de México (US$60.7M), Nuevo León (US$57.5M), Ciudad de México (US$49.6M), and Baja California (US$44.8M).

In 2023, the main commercial destinations of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were United States (US$34M), Spain (US$4.42M), Brazil (US$2.27M), South Korea (US$233k), and Japan (US$172k).

The main commercial origins of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators in 2023 were China (US$153M), United States (US$47.8M), Japan (US$39.5M), South Korea (US$28.2M), and Taiwan (Republic of China) (US$19M).

In the global context, the main exporting countries of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators in 2022 were Japan (US$829M), China (US$801M), and United States (US$205M). In the same year, the main importing countries of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were Mexico (US$402M), United States (US$393M), and Hungary (US$291M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$403M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators in Mexico (including international purchases and sales) was US$403M.

The visualizations show the net balance of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators 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 section

July, 2024

  • US$31M, International Purchases
  • US$3.94M, International Sales

In July 2024, international sales of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were US$3.94M, while international purchases reached US$31M. The above results in a trade balance of -US$27.1M.

Market Concentration

#permalink to section

2024-Q3: US$3.9M, International Sales

The visualization shows the quarterly concentration of international sales of Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators at state level.

In the third quarter of 2024, international sales were US$3.9M, being the states with the most sales Jalisco (US$1.25M), Tamaulipas (US$1.06M), and San Luis Potosí (US$541k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Tamaulipas: US$12.5M, State with the Most International Sales (2023)

United States: US$34M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were Tamaulipas (US$12.5M), Jalisco (US$9.04M), Estado de México (US$5.45M), San Luis Potosí (US$4.36M), and Querétaro (US$4.01M).

In 2023, the countries with the most international purchases from Mexico were United States (US$34M), Spain (US$4.42M), Brazil (US$2.27M), South Korea (US$233k), and Japan (US$172k).

International Purchases

#permalink to section

San Luis Potosí: US$79.7M, State with the Most International Purchases (2023)

China: US$153M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were San Luis Potosí (US$79.7M), Estado de México (US$60.7M), Nuevo León (US$57.5M), Ciudad de México (US$49.6M), and Baja California (US$44.8M).

The countries with the most international sales to Mexico in 2023 were China (US$153M), United States (US$47.8M), Japan (US$39.5M), South Korea (US$28.2M), and Taiwan (Republic of China) (US$19M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators. 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

#permalink to section

  • 1.36%, Mexican share in global exports - 2022
  • 11.4%, Mexican share in global imports - 2022

The visualizations show the global market for Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators. 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 Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were Japan (US$829M), China (US$801M), and United States (US$205M). In the same year, the main importing countries for Parts of Electric Start and Start Devices and Devices, for Motors and Circuit Breakers Regulators were Mexico (US$402M), United States (US$393M), and Hungary (US$291M).