Recording Mechanisms, Solid State
Código 852351 (Harmonized System 2012 by 6 digits)
2023: US$2.83B, Total Trade Exchange
2023: US$236M, International Sales
2023: US$2.59B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Recording Mechanisms, Solid State was US$2.83B.
In 2023, the states with the most international sales in Recording Mechanisms, Solid State were Jalisco (US$95.9M), Ciudad de México (US$45.6M), Nuevo León (US$40.6M), Chihuahua (US$35.7M), and Baja California (US$8.47M).
The states with the most international purchases in 2023 were Chihuahua (US$1.7B), Nuevo León (US$514M), Jalisco (US$151M), Ciudad de México (US$127M), and Tamaulipas (US$55.8M).
In 2023, the main commercial destinations of Recording Mechanisms, Solid State were United States (US$137M), Hungary (US$19.1M), China (US$11.4M), Singapore (US$11.1M), and Japan (US$8.87M).
The main commercial origins of Recording Mechanisms, Solid State in 2023 were South Korea (US$862M), China (US$448M), Malaysia (US$360M), Philippines (US$346M), and Taiwan (Republic of China) (US$285M).
In the global context, the main exporting countries of Recording Mechanisms, Solid State in 2022 were South Korea (US$13.2B), Taiwan (Republic of China) (US$8.03B), and China (US$7.07B). In the same year, the main importing countries of Recording Mechanisms, Solid State were United States (US$15.6B), China (US$6.06B), and Hong Kong (US$5.4B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.83B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Recording Mechanisms, Solid State in Mexico (including international purchases and sales) was US$2.83B.
The visualizations show the net balance of Recording Mechanisms, Solid State 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 sectionJuly, 2024
- US$602M, International Purchases
- US$24.8M, International Sales
In July 2024, international sales of Recording Mechanisms, Solid State were US$24.8M, while international purchases reached US$602M. The above results in a trade balance of -US$577M.
Market Concentration
#permalink to section2024-Q3: US$24.8M, International Sales
The visualization shows the quarterly concentration of international sales of Recording Mechanisms, Solid State at state level.
In the third quarter of 2024, international sales were US$24.8M, being the states with the most sales Jalisco (US$8M), Ciudad de México (US$7.66M), and Nuevo León (US$3.36M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionJalisco: US$95.9M, State with the Most International Sales (2023)
United States: US$137M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Recording Mechanisms, Solid State were Jalisco (US$95.9M), Ciudad de México (US$45.6M), Nuevo León (US$40.6M), Chihuahua (US$35.7M), and Baja California (US$8.47M).
In 2023, the countries with the most international purchases from Mexico were United States (US$137M), Hungary (US$19.1M), China (US$11.4M), Singapore (US$11.1M), and Japan (US$8.87M).
International Purchases
#permalink to sectionChihuahua: US$1.7B, State with the Most International Purchases (2023)
South Korea: US$862M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Recording Mechanisms, Solid State were Chihuahua (US$1.7B), Nuevo León (US$514M), Jalisco (US$151M), Ciudad de México (US$127M), and Tamaulipas (US$55.8M).
The countries with the most international sales to Mexico in 2023 were South Korea (US$862M), China (US$448M), Malaysia (US$360M), Philippines (US$346M), and Taiwan (Republic of China) (US$285M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Recording Mechanisms, Solid State and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Recording Mechanisms, Solid State. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 2.59%, Mexican share in global exports - 2022
- 7.73%, Mexican share in global imports - 2022
The visualizations show the global market for Recording Mechanisms, Solid State. 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 Recording Mechanisms, Solid State were South Korea (US$13.2B), Taiwan (Republic of China) (US$8.03B), and China (US$7.07B). In the same year, the main importing countries for Recording Mechanisms, Solid State were United States (US$15.6B), China (US$6.06B), and Hong Kong (US$5.4B).