ProceduresGovernment

Seats, N.E.C

Código 940180 (Harmonized System 2012 by 6 digits)

 2023: US$93.3M, Total Trade Exchange

2023: US$54.9M, International Sales

  2023: US$38.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seats, N.E.C was US$93.3M.

In 2023, the states with the most international sales in Seats, N.E.C were Estado de México (US$19M), Tamaulipas (US$15.6M), Baja California (US$6.67M), Nuevo León (US$2.82M), and Ciudad de México (US$2.76M).

The states with the most international purchases in 2023 were Ciudad de México (US$18.1M), Jalisco (US$4.13M), Estado de México (US$3.65M), Quintana Roo (US$2.69M), and Sinaloa (US$2.38M).

In 2023, the main commercial destinations of Seats, N.E.C were United States (US$50.8M), Canada (US$1.69M), El Salvador (US$432k), Guatemala (US$283k), and Costa Rica (US$150k).

The main commercial origins of Seats, N.E.C in 2023 were China (US$17.9M), United States (US$5.48M), Spain (US$4.98M), Italy (US$4.48M), and France (US$1.91M).

In the global context, the main exporting countries of Seats, N.E.C in 2022 were China (US$3.08B), Italy (US$490M), and Germany (US$298M). In the same year, the main importing countries of Seats, N.E.C were United States (US$1.64B), Germany (US$414M), and France (US$329M).

Trade Balance of Mexico

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Net Trade Balance

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US$93.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seats, N.E.C in Mexico (including international purchases and sales) was US$93.3M.

The visualizations show the net balance of Seats, N.E.C 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$4.27M, International Purchases
  • US$4.06M, International Sales

In July 2024, international sales of Seats, N.E.C were US$4.06M, while international purchases reached US$4.27M. The above results in a trade balance of -US$218k.

Market Concentration

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2024-Q3: US$2.89M, International Sales

The visualization shows the quarterly concentration of international sales of Seats, N.E.C at state level.

In the third quarter of 2024, international sales were US$2.89M, being the states with the most sales Tamaulipas (US$1.86M), Baja California (US$897k), and Ciudad de México (US$86k).

Exchange by Territory

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International Sales

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Estado de México: US$19M, State with the Most International Sales (2023)

United States: US$50.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Seats, N.E.C were Estado de México (US$19M), Tamaulipas (US$15.6M), Baja California (US$6.67M), Nuevo León (US$2.82M), and Ciudad de México (US$2.76M).

In 2023, the countries with the most international purchases from Mexico were United States (US$50.8M), Canada (US$1.69M), El Salvador (US$432k), Guatemala (US$283k), and Costa Rica (US$150k).

International Purchases

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Ciudad de México: US$18.1M, State with the Most International Purchases (2023)

China: US$17.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seats, N.E.C were Ciudad de México (US$18.1M), Jalisco (US$4.13M), Estado de México (US$3.65M), Quintana Roo (US$2.69M), and Sinaloa (US$2.38M).

The countries with the most international sales to Mexico in 2023 were China (US$17.9M), United States (US$5.48M), Spain (US$4.98M), Italy (US$4.48M), and France (US$1.91M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seats, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seats, N.E.C. 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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  • 0.98%, Mexican share in global exports - 2022
  • 1.02%, Mexican share in global imports - 2022

The visualizations show the global market for Seats, N.E.C. 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 Seats, N.E.C were China (US$3.08B), Italy (US$490M), and Germany (US$298M). In the same year, the main importing countries for Seats, N.E.C were United States (US$1.64B), Germany (US$414M), and France (US$329M).