ProceduresGovernment

Parts of Padlocks, as well as Locks, of Common Metal

Código 830160 (Harmonized System 2012 by 6 digits)

 2023: US$559M, Total Trade Exchange

2023: US$104M, International Sales

  2023: US$455M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Parts of Padlocks, as well as Locks, of Common Metal was US$559M.

In 2023, the states with the most international sales in Parts of Padlocks, as well as Locks, of Common Metal were Baja California (US$32M), Sonora (US$27.2M), Jalisco (US$25.2M), Guanajuato (US$10.2M), and Tamaulipas (US$3.15M).

The states with the most international purchases in 2023 were Sonora (US$159M), Baja California (US$145M), Puebla (US$52.5M), Chihuahua (US$27.6M), and Ciudad de México (US$21.4M).

In 2023, the main commercial destinations of Parts of Padlocks, as well as Locks, of Common Metal were United States (US$101M), Czech Republic (US$547k), China (US$437k), Brazil (US$432k), and Poland (US$178k).

The main commercial origins of Parts of Padlocks, as well as Locks, of Common Metal in 2023 were United States (US$225M), China (US$118M), Taiwan (Republic of China) (US$51M), Germany (US$16.3M), and Canada (US$12M).

In the global context, the main exporting countries of Parts of Padlocks, as well as Locks, of Common Metal in 2022 were China (US$1.14B), Germany (US$382M), and United States (US$311M). In the same year, the main importing countries of Parts of Padlocks, as well as Locks, of Common Metal were United States (US$494M), Mexico (US$464M), and Germany (US$273M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$559M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Parts of Padlocks, as well as Locks, of Common Metal in Mexico (including international purchases and sales) was US$559M.

The visualizations show the net balance of Parts of Padlocks, as well as Locks, of Common Metal 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$33.8M, International Purchases
  • US$12.5M, International Sales

In July 2024, international sales of Parts of Padlocks, as well as Locks, of Common Metal were US$12.5M, while international purchases reached US$33.8M. The above results in a trade balance of -US$21.2M.

Market Concentration

#permalink to section

2024-Q3: US$12.5M, International Sales

The visualization shows the quarterly concentration of international sales of Parts of Padlocks, as well as Locks, of Common Metal at state level.

In the third quarter of 2024, international sales were US$12.5M, being the states with the most sales Sonora (US$3.29M), Guanajuato (US$3.24M), and Baja California (US$3.04M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$32M, State with the Most International Sales (2023)

United States: US$101M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Parts of Padlocks, as well as Locks, of Common Metal were Baja California (US$32M), Sonora (US$27.2M), Jalisco (US$25.2M), Guanajuato (US$10.2M), and Tamaulipas (US$3.15M).

In 2023, the countries with the most international purchases from Mexico were United States (US$101M), Czech Republic (US$547k), China (US$437k), Brazil (US$432k), and Poland (US$178k).

International Purchases

#permalink to section

Sonora: US$159M, State with the Most International Purchases (2023)

United States: US$225M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Parts of Padlocks, as well as Locks, of Common Metal were Sonora (US$159M), Baja California (US$145M), Puebla (US$52.5M), Chihuahua (US$27.6M), and Ciudad de México (US$21.4M).

The countries with the most international sales to Mexico in 2023 were United States (US$225M), China (US$118M), Taiwan (Republic of China) (US$51M), Germany (US$16.3M), and Canada (US$12M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts of Padlocks, as well as Locks, of Common Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts of Padlocks, as well as Locks, of Common Metal. 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

  • 2.25%, Mexican share in global exports - 2022
  • 13.2%, Mexican share in global imports - 2022

The visualizations show the global market for Parts of Padlocks, as well as Locks, of Common Metal. 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 Padlocks, as well as Locks, of Common Metal were China (US$1.14B), Germany (US$382M), and United States (US$311M). In the same year, the main importing countries for Parts of Padlocks, as well as Locks, of Common Metal were United States (US$494M), Mexico (US$464M), and Germany (US$273M).