Relays, for a Voltage <= 60 V
Código 853641 (Harmonized System 2012 by 6 digits)
2023: US$683M, Total Trade Exchange
2023: US$164M, International Sales
2023: US$519M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Relays, for a Voltage <= 60 V was US$683M.
In 2023, the states with the most international sales in Relays, for a Voltage <= 60 V were Baja California (US$84.9M), Tamaulipas (US$19.8M), Sonora (US$16.6M), Nuevo León (US$9.93M), and Chihuahua (US$7.95M).
The states with the most international purchases in 2023 were Chihuahua (US$122M), Nuevo León (US$60.1M), Jalisco (US$59M), Tamaulipas (US$54.4M), and Ciudad de México (US$50.4M).
In 2023, the main commercial destinations of Relays, for a Voltage <= 60 V were United States (US$145M), Singapore (US$4.04M), Brazil (US$3.78M), Germany (US$3.6M), and Malaysia (US$1.63M).
The main commercial origins of Relays, for a Voltage <= 60 V in 2023 were China (US$194M), United States (US$95.4M), Japan (US$67.4M), South Korea (US$27.3M), and Philippines (US$17.5M).
In the global context, the main exporting countries of Relays, for a Voltage <= 60 V in 2022 were China (US$1.5B), Japan (US$680M), and Germany (US$575M). In the same year, the main importing countries of Relays, for a Voltage <= 60 V were United States (US$633M), Germany (US$598M), and Mexico (US$557M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$683M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Relays, for a Voltage <= 60 V in Mexico (including international purchases and sales) was US$683M.
The visualizations show the net balance of Relays, for a Voltage <= 60 V 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 sectionNovember, 2024
- US$45.4M, International Purchases
- US$15.1M, International Sales
In November 2024, international sales of Relays, for a Voltage <= 60 V were US$15.1M, while international purchases reached US$45.4M. The above results in a trade balance of -US$30.4M.
Market Concentration
#permalink to section2024-Q4: US$28.7M, International Sales
The visualization shows the quarterly concentration of international sales of Relays, for a Voltage <= 60 V at state level.
In the fourth quarter of 2024, international sales were US$28.7M, being the states with the most sales Baja California (US$14.6M), Sonora (US$2.96M), and Chihuahua (US$2.8M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$84.9M, State with the Most International Sales (2023)
United States: US$145M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Relays, for a Voltage <= 60 V were Baja California (US$84.9M), Tamaulipas (US$19.8M), Sonora (US$16.6M), Nuevo León (US$9.93M), and Chihuahua (US$7.95M).
In 2023, the countries with the most international purchases from Mexico were United States (US$145M), Singapore (US$4.04M), Brazil (US$3.78M), Germany (US$3.6M), and Malaysia (US$1.63M).
International Purchases
#permalink to sectionChihuahua: US$122M, State with the Most International Purchases (2023)
China: US$194M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Relays, for a Voltage <= 60 V were Chihuahua (US$122M), Nuevo León (US$60.1M), Jalisco (US$59M), Tamaulipas (US$54.4M), and Ciudad de México (US$50.4M).
The countries with the most international sales to Mexico in 2023 were China (US$194M), United States (US$95.4M), Japan (US$67.4M), South Korea (US$27.3M), and Philippines (US$17.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Relays, for a Voltage <= 60 V and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Relays, for a Voltage <= 60 V. 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- 2.58%, Mexican share in global exports - 2022
- 9.95%, Mexican share in global imports - 2022
The visualizations show the global market for Relays, for a Voltage <= 60 V. 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 Relays, for a Voltage <= 60 V were China (US$1.5B), Japan (US$680M), and Germany (US$575M). In the same year, the main importing countries for Relays, for a Voltage <= 60 V were United States (US$633M), Germany (US$598M), and Mexico (US$557M).