ProceduresGovernment

Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators

Código 3603 (Harmonized System 2012 by 4 digits)

 2023: US$199M, Total Trade Exchange

2023: US$105M, International Sales

  2023: US$94M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators was US$199M.

In 2023, the states with the most international sales in Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were Tamaulipas (US$32.6M).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$35.1M), Tamaulipas (US$17M), Jalisco (US$1.58M), Tabasco (US$401k), and Ciudad de México (US$277k).

In 2023, the main commercial destinations of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were United States (US$32.6M).

The main commercial origins of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators in 2023 were United States (US$15.9M), Chile (US$13.2M), Czech Republic (US$12.6M), Canada (US$8.82M), and Peru (US$2.56M).

In the global context, the main exporting countries of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators in 2022 were United States (US$314M), Czech Republic (US$186M), and Canada (US$182M). In the same year, the main importing countries of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were United States (US$346M), China (US$105M), and Australia (US$99.6M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$199M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators in Mexico (including international purchases and sales) was US$199M.

The visualizations show the net balance of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators 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

December, 2022

  • US$12.4M, International Purchases
  • US$8.11M, International Sales

In December 2022, international sales of Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were US$8.11M, while international purchases reached US$12.4M. The above results in a trade balance of -US$4.27M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Tamaulipas: US$32.6M, State with the Most International Sales (2023)

United States: US$32.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were Tamaulipas (US$32.6M).

In 2023, the countries with the most international purchases from Mexico were United States (US$32.6M).

International Purchases

#permalink to section

Coahuila de Zaragoza: US$35.1M, State with the Most International Purchases (2023)

United States: US$15.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were Coahuila de Zaragoza (US$35.1M), Tamaulipas (US$17M), Jalisco (US$1.58M), Tabasco (US$401k), and Ciudad de México (US$277k).

The countries with the most international sales to Mexico in 2023 were United States (US$15.9M), Chile (US$13.2M), Czech Republic (US$12.6M), Canada (US$8.82M), and Peru (US$2.56M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators. 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

  • 6.16%, Mexican share in global exports - 2022
  • 4.91%, Mexican share in global imports - 2022

The visualizations show the global market for Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators. 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 Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were United States (US$314M), Czech Republic (US$186M), and Canada (US$182M). In the same year, the main importing countries for Safety Fuses; Detonating Cords; Primers Baits and Capsules; Igniters; Electric Detonators were United States (US$346M), China (US$105M), and Australia (US$99.6M).