Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C
Código 732190 (Harmonized System 2012 by 6 digits)
2023: US$123M, Total Trade Exchange
2023: US$46.9M, International Sales
2023: US$75.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C was US$123M.
In 2023, the states with the most international sales in Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were Tamaulipas (US$19.8M), Jalisco (US$5.53M), Nuevo León (US$5.04M), Ciudad de México (US$4.17M), and Coahuila de Zaragoza (US$3.08M).
The states with the most international purchases in 2023 were Ciudad de México (US$33.6M), Nuevo León (US$17.7M), Tamaulipas (US$17.1M), Estado de México (US$3.56M), and Jalisco (US$1.37M).
In 2023, the main commercial destinations of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were United States (US$36.6M), Argentina (US$1.93M), China (US$543k), Thailand (US$263k), and South Korea (US$122k).
The main commercial origins of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C in 2023 were China (US$32M), Vietnam (US$16.5M), United States (US$13.4M), Turkey (US$4.87M), and Italy (US$2.63M).
In the global context, the main exporting countries of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C in 2022 were China (US$972M), Italy (US$211M), and Germany (US$83.7M). In the same year, the main importing countries of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were United States (US$377M), Germany (US$136M), and Italy (US$129M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$123M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C in Mexico (including international purchases and sales) was US$123M.
The visualizations show the net balance of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C 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$6.84M, International Purchases
- US$3.26M, International Sales
In July 2024, international sales of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were US$3.26M, while international purchases reached US$6.84M. The above results in a trade balance of -US$3.58M.
Market Concentration
#permalink to section2024-Q3: US$2.48M, International Sales
The visualization shows the quarterly concentration of international sales of Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C at state level.
In the third quarter of 2024, international sales were US$2.48M, being the states with the most sales Tamaulipas (US$1.28M), Jalisco (US$708k), and Nuevo León (US$384k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$19.8M, State with the Most International Sales (2023)
United States: US$36.6M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were Tamaulipas (US$19.8M), Jalisco (US$5.53M), Nuevo León (US$5.04M), Ciudad de México (US$4.17M), and Coahuila de Zaragoza (US$3.08M).
In 2023, the countries with the most international purchases from Mexico were United States (US$36.6M), Argentina (US$1.93M), China (US$543k), Thailand (US$263k), and South Korea (US$122k).
International Purchases
#permalink to sectionCiudad de México: US$33.6M, State with the Most International Purchases (2023)
China: US$32M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were Ciudad de México (US$33.6M), Nuevo León (US$17.7M), Tamaulipas (US$17.1M), Estado de México (US$3.56M), and Jalisco (US$1.37M).
The countries with the most international sales to Mexico in 2023 were China (US$32M), Vietnam (US$16.5M), United States (US$13.4M), Turkey (US$4.87M), and Italy (US$2.63M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C. 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- 2.96%, Mexican share in global exports - 2022
- 3.77%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C. 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 Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were China (US$972M), Italy (US$211M), and Germany (US$83.7M). In the same year, the main importing countries for Parts of Goods not Electrically Heated and Domestic Use of Heading 7321, N.E.C were United States (US$377M), Germany (US$136M), and Italy (US$129M).