ProceduresGovernment

Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches )

Código 910199 (Harmonized System 2012 by 6 digits)

2016: US$7.44k, International Sales

  2023: US$192k, International Purchases

In 2016, the states with the most international sales in Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Ciudad de México (US$6.47k).

The states with the most international purchases in 2023 were Ciudad de México (US$192k).

In 2016, the main commercial destinations of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Brazil (US$5.6k), Guatemala (US$539), Canada (US$165), and Costa Rica (US$165).

The main commercial origins of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) in 2023 were Switzerland (US$190k) and China (US$1.73k).

In the global context, the main exporting countries of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) in 2022 were Switzerland (US$48.8M), China (US$24.5M), and Singapore (US$21.6M). In the same year, the main importing countries of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Hong Kong (US$37.9M), Malaysia (US$24.6M), and Switzerland (US$19.8M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

The visualizations show the net balance of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) 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

March, 2022: US$12.6k, International Purchases

In March 2022, international sales of Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were US$0, while international purchases reached US$12.6k. The above results in a trade balance of -US$12.6k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$6.47k, State with the Most International Sales (2016)

Brazil: US$5.6k, Main commercial destination (2016)

In 2016, the states with the highest international sales in Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Ciudad de México (US$6.47k).

In 2016, the countries with the most international purchases from Mexico were Brazil (US$5.6k), Guatemala (US$539), Canada (US$165), and Costa Rica (US$165).

International Purchases

#permalink to section

Ciudad de México: US$192k, State with the Most International Purchases (2023)

Switzerland: US$190k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Ciudad de México (US$192k).

The countries with the most international sales to Mexico in 2023 were Switzerland (US$190k) and China (US$1.73k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches )  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 Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ). 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

  • 0.014%, Mexican share in global exports - 2022
  • 0.16%, Mexican share in global imports - 2022

The visualizations show the global market for Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ). 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 Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Switzerland (US$48.8M), China (US$24.5M), and Singapore (US$21.6M). In the same year, the main importing countries for Pocket Watches and Clocks Simil., Incl. Stopwatches Thereof, with Case of Precious Metal or Metal Plating Beautiful "Plaqué" Hand or Automatic (Exc. Bottomed Steel and Wristwatches ) were Hong Kong (US$37.9M), Malaysia (US$24.6M), and Switzerland (US$19.8M).