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Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal

Código 8303 (Harmonized System 2012 by 4 digits)

 2023: US$116M, Total Trade Exchange

2023: US$91.6M, International Sales

  2023: US$24M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal was US$116M.

In 2023, the states with the most international sales in Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were Sonora (US$57.4M), Nuevo León (US$3.47M), Estado de México (US$531k), Ciudad de México (US$206k), and Tamaulipas (US$198k).

The states with the most international purchases in 2023 were Sonora (US$9.19M), Estado de México (US$4.14M), Nuevo León (US$1.09M), Baja California (US$608k), and Jalisco (US$459k).

In 2023, the main commercial destinations of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were United States (US$61.1M), Dominican Republic (US$190k), Guatemala (US$126k), Germany (US$71.2k), and Ecuador (US$54.3k).

The main commercial origins of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal in 2023 were China (US$12.8M), United States (US$2.6M), Vietnam (US$428k), Taiwan (Republic of China) (US$140k), and South Korea (US$63k).

In the global context, the main exporting countries of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal in 2022 were China (US$658M), Mexico (US$107M), and Netherlands (US$73.2M). In the same year, the main importing countries of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were United States (US$442M), Germany (US$145M), and France (US$64.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$116M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal in Mexico (including international purchases and sales) was US$116M.

The visualizations show the net balance of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal 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$1.56M, International Purchases
  • US$4.65M, International Sales

In July 2024, international sales of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were US$4.65M, while international purchases reached US$1.56M. The above results in a trade balance of US$3.08M.

Market Concentration

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2024-Q3: US$4.59M, International Sales

The visualization shows the quarterly concentration of international sales of Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal at state level.

In the third quarter of 2024, international sales were US$4.59M, being the states with the most sales Sonora (US$3.43M), Chihuahua (US$598k), and Baja California (US$330k).

Exchange by Territory

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International Sales

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Sonora: US$57.4M, State with the Most International Sales (2023)

United States: US$61.1M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were Sonora (US$57.4M), Nuevo León (US$3.47M), Estado de México (US$531k), Ciudad de México (US$206k), and Tamaulipas (US$198k).

In 2023, the countries with the most international purchases from Mexico were United States (US$61.1M), Dominican Republic (US$190k), Guatemala (US$126k), Germany (US$71.2k), and Ecuador (US$54.3k).

International Purchases

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Sonora: US$9.19M, State with the Most International Purchases (2023)

China: US$12.8M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were Sonora (US$9.19M), Estado de México (US$4.14M), Nuevo León (US$1.09M), Baja California (US$608k), and Jalisco (US$459k).

The countries with the most international sales to Mexico in 2023 were China (US$12.8M), United States (US$2.6M), Vietnam (US$428k), Taiwan (Republic of China) (US$140k), and South Korea (US$63k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal. 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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  • 7.4%, Mexican share in global exports - 2022
  • 1.61%, Mexican share in global imports - 2022

The visualizations show the global market for Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal. 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 Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were China (US$658M), Mexico (US$107M), and Netherlands (US$73.2M). In the same year, the main importing countries for Safes, Armored Doors and Compartments for Vaults, Safes and Security Boxes and Similar Articles, of Base Metal were United States (US$442M), Germany (US$145M), and France (US$64.8M).