ProceduresGovernment

Radio Remote Control Apparatus

Código 852692 (Harmonized System 2012 by 6 digits)

 2023: US$582M, Total Trade Exchange

2023: US$409M, International Sales

  2023: US$173M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Radio Remote Control Apparatus was US$582M.

In 2023, the states with the most international sales in Radio Remote Control Apparatus were Jalisco (US$216M), Chihuahua (US$103M), Sonora (US$19.3M), Ciudad de México (US$19M), and Baja California (US$15.9M).

The states with the most international purchases in 2023 were Ciudad de México (US$40.6M), Coahuila de Zaragoza (US$25.6M), Puebla (US$21.2M), Querétaro (US$17.1M), and Tamaulipas (US$13.1M).

In 2023, the main commercial destinations of Radio Remote Control Apparatus were United States (US$372M), United Kingdom (US$7.97M), Brazil (US$7.31M), Canada (US$6.4M), and Germany (US$3.95M).

The main commercial origins of Radio Remote Control Apparatus in 2023 were United States (US$108M), China (US$24.4M), Japan (US$6.8M), Germany (US$6.62M), and Romania (US$5.64M).

In the global context, the main exporting countries of Radio Remote Control Apparatus in 2022 were China (US$1.51B), Germany (US$482M), and Mexico (US$353M). In the same year, the main importing countries of Radio Remote Control Apparatus were United States (US$1.35B), Germany (US$315M), and China (US$248M).

Trade Balance of Mexico

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Net Trade Balance

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US$582M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Radio Remote Control Apparatus in Mexico (including international purchases and sales) was US$582M.

The visualizations show the net balance of Radio Remote Control Apparatus 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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July, 2024

  • US$16.9M, International Purchases
  • US$27.7M, International Sales

In July 2024, international sales of Radio Remote Control Apparatus were US$27.7M, while international purchases reached US$16.9M. The above results in a trade balance of US$10.8M.

Market Concentration

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2024-Q3: US$26M, International Sales

The visualization shows the quarterly concentration of international sales of Radio Remote Control Apparatus at state level.

In the third quarter of 2024, international sales were US$26M, being the states with the most sales Chihuahua (US$12.4M), Jalisco (US$6.74M), and Sonora (US$2.29M).

Exchange by Territory

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International Sales

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Jalisco: US$216M, State with the Most International Sales (2023)

United States: US$372M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Radio Remote Control Apparatus were Jalisco (US$216M), Chihuahua (US$103M), Sonora (US$19.3M), Ciudad de México (US$19M), and Baja California (US$15.9M).

In 2023, the countries with the most international purchases from Mexico were United States (US$372M), United Kingdom (US$7.97M), Brazil (US$7.31M), Canada (US$6.4M), and Germany (US$3.95M).

International Purchases

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Ciudad de México: US$40.6M, State with the Most International Purchases (2023)

United States: US$108M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Radio Remote Control Apparatus were Ciudad de México (US$40.6M), Coahuila de Zaragoza (US$25.6M), Puebla (US$21.2M), Querétaro (US$17.1M), and Tamaulipas (US$13.1M).

The countries with the most international sales to Mexico in 2023 were United States (US$108M), China (US$24.4M), Japan (US$6.8M), Germany (US$6.62M), and Romania (US$5.64M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Radio Remote Control Apparatus  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Radio Remote Control Apparatus. 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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  • 7.9%, Mexican share in global exports - 2022
  • 3.58%, Mexican share in global imports - 2022

The visualizations show the global market for Radio Remote Control Apparatus. 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 Radio Remote Control Apparatus were China (US$1.51B), Germany (US$482M), and Mexico (US$353M). In the same year, the main importing countries for Radio Remote Control Apparatus were United States (US$1.35B), Germany (US$315M), and China (US$248M).