ProceduresGovernment

Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches)

Código 910191 (Harmonized System 2012 by 6 digits)

2012: US$10.1k, International Sales

  2023: US$367k, International Purchases

In 2012, the states with the most international sales in Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were Ciudad de México (US$10k).

The states with the most international purchases in 2023 were Ciudad de México (US$365k).

In 2012, the main commercial destinations of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were Switzerland (US$1.43k) and Panama (US$31).

The main commercial origins of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) in 2023 were Switzerland (US$365k), China (US$21), and United States (US$21).

In the global context, the main exporting countries of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) in 2022 were United Arab Emirates (US$114M), China (US$41.4M), and Switzerland (US$15.9M). In the same year, the main importing countries of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were China (US$60.3M), United Arab Emirates (US$51.8M), and Switzerland (US$13.7M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) 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

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January, 2024: US$80.1k, International Purchases

In January 2024, international sales of Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were US$0, while international purchases reached US$80.1k. The above results in a trade balance of -US$80.1k.

Exchange by Territory

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International Sales

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Year

Ciudad de México: US$10k, State with the Most International Sales (2012)

Switzerland: US$1.43k, Main commercial destination (2012)

In 2012, the states with the highest international sales in Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were Ciudad de México (US$10k).

In 2012, the countries with the most international purchases from Mexico were Switzerland (US$1.43k) and Panama (US$31).

International Purchases

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Ciudad de México: US$365k, State with the Most International Purchases (2023)

Switzerland: US$365k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were Ciudad de México (US$365k).

The countries with the most international sales to Mexico in 2023 were Switzerland (US$365k), China (US$21), and United States (US$21).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches). 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

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  • 0.000054%, Mexican share in global exports - 2022
  • 0.021%, Mexican share in global imports - 2022

The visualizations show the global market for Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches). 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 Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were United Arab Emirates (US$114M), China (US$41.4M), and Switzerland (US$15.9M). In the same year, the main importing countries for Pocket Watches and Clocks Simil., Incl. Stopwatches of the same Type, Electric, with Case of Precious Metal or Precious Metal Plated "Plaqué" (Exc. Bottomed Steel and Watches) were China (US$60.3M), United Arab Emirates (US$51.8M), and Switzerland (US$13.7M).