Código 850519 (Harmonized System 2012 by 6 digits)
2023: US$115M, Total Trade Exchange
2023: US$20.7M, International Sales
2023: US$94.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal was US$115M.
In 2023, the states with the most international sales in Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were Baja California (US$10M), Chihuahua (US$7.73M), Sonora (US$1.58M), Coahuila de Zaragoza (US$463k), and Tamaulipas (US$244k).
The states with the most international purchases in 2023 were Chihuahua (US$34.4M), Estado de México (US$11.3M), Nuevo León (US$7.94M), Guanajuato (US$6.66M), and Querétaro (US$6.65M).
In 2023, the main commercial destinations of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were United States (US$20.3M), Guatemala (US$44.5k), South Korea (US$40.6k), Canada (US$39.8k), and Hong Kong (US$37.2k).
The main commercial origins of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal in 2023 were China (US$54M), United States (US$13.5M), Germany (US$8.71M), South Korea (US$5.5M), and Vietnam (US$3.45M).
In the global context, the main exporting countries of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal in 2022 were China (US$1.11B), Germany (US$117M), and South Korea (US$99.3M). In the same year, the main importing countries of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were Vietnam (US$170M), Germany (US$170M), and United States (US$126M).
US$115M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal in Mexico (including international purchases and sales) was US$115M.
The visualizations show the net balance of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than 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.
November, 2024
In November 2024, international sales of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were US$3.09M, while international purchases reached US$6.87M. The above results in a trade balance of -US$3.79M.
2024-Q4: US$5.81M, International Sales
The visualization shows the quarterly concentration of international sales of Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal at state level.
In the fourth quarter of 2024, international sales were US$5.81M, being the states with the most sales Baja California (US$4.08M), Chihuahua (US$1.35M), and Sonora (US$206k).
Baja California: US$10M, State with the Most International Sales (2023)
United States: US$20.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were Baja California (US$10M), Chihuahua (US$7.73M), Sonora (US$1.58M), Coahuila de Zaragoza (US$463k), and Tamaulipas (US$244k).
In 2023, the countries with the most international purchases from Mexico were United States (US$20.3M), Guatemala (US$44.5k), South Korea (US$40.6k), Canada (US$39.8k), and Hong Kong (US$37.2k).
Chihuahua: US$34.4M, State with the Most International Purchases (2023)
China: US$54M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were Chihuahua (US$34.4M), Estado de México (US$11.3M), Nuevo León (US$7.94M), Guanajuato (US$6.66M), and Querétaro (US$6.65M).
The countries with the most international sales to Mexico in 2023 were China (US$54M), United States (US$13.5M), Germany (US$8.71M), South Korea (US$5.5M), and Vietnam (US$3.45M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than 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.
The visualizations show the global market for Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than 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 Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were China (US$1.11B), Germany (US$117M), and South Korea (US$99.3M). In the same year, the main importing countries for Permanent Magnets and Intended to become Permanent Magnets Articles, of Materials other than Metal were Vietnam (US$170M), Germany (US$170M), and United States (US$126M).