ProceduresGovernment

Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental)

Código 940171 (Harmonized System 2012 by 6 digits)

 2023: US$204M, Total Trade Exchange

2023: US$107M, International Sales

  2023: US$97.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) was US$204M.

In 2023, the states with the most international sales in Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were Baja California (US$45.2M), Tamaulipas (US$22.3M), Nuevo León (US$17.3M), Estado de México (US$11.8M), and Chihuahua (US$3.39M).

The states with the most international purchases in 2023 were Ciudad de México (US$41.5M), Estado de México (US$20.7M), Nuevo León (US$14.6M), Jalisco (US$4.8M), and Quintana Roo (US$3.22M).

In 2023, the main commercial destinations of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were United States (US$102M), Canada (US$1.66M), Guatemala (US$260k), Puerto Rico (US$253k), and Colombia (US$243k).

The main commercial origins of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) in 2023 were China (US$65.7M), United States (US$10.5M), Italy (US$7.45M), Spain (US$3.07M), and Vietnam (US$1.73M).

In the global context, the main exporting countries of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) in 2022 were China (US$6.49B), Italy (US$628M), and Vietnam (US$502M). In the same year, the main importing countries of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were United States (US$2.25B), Germany (US$838M), and France (US$501M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$204M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) in Mexico (including international purchases and sales) was US$204M.

The visualizations show the net balance of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) 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

July, 2024

  • US$11.1M, International Purchases
  • US$15.3M, International Sales

In July 2024, international sales of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were US$15.3M, while international purchases reached US$11.1M. The above results in a trade balance of US$4.26M.

Market Concentration

#permalink to section

2024-Q3: US$12.9M, International Sales

The visualization shows the quarterly concentration of international sales of Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) at state level.

In the third quarter of 2024, international sales were US$12.9M, being the states with the most sales Nuevo León (US$6.37M), Baja California (US$5.08M), and Estado de México (US$840k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$45.2M, State with the Most International Sales (2023)

United States: US$102M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were Baja California (US$45.2M), Tamaulipas (US$22.3M), Nuevo León (US$17.3M), Estado de México (US$11.8M), and Chihuahua (US$3.39M).

In 2023, the countries with the most international purchases from Mexico were United States (US$102M), Canada (US$1.66M), Guatemala (US$260k), Puerto Rico (US$253k), and Colombia (US$243k).

International Purchases

#permalink to section

Ciudad de México: US$41.5M, State with the Most International Purchases (2023)

China: US$65.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were Ciudad de México (US$41.5M), Estado de México (US$20.7M), Nuevo León (US$14.6M), Jalisco (US$4.8M), and Quintana Roo (US$3.22M).

The countries with the most international sales to Mexico in 2023 were China (US$65.7M), United States (US$10.5M), Italy (US$7.45M), Spain (US$3.07M), and Vietnam (US$1.73M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental). 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

  • 1.17%, Mexican share in global exports - 2022
  • 0.99%, Mexican share in global imports - 2022

The visualizations show the global market for Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental). 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 with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were China (US$6.49B), Italy (US$628M), and Vietnam (US$502M). In the same year, the main importing countries for Seats with Metal Frames, with Relleno (Excl. of a Kind Used for Aircraft or Motor Vehicles, Seats Swiveling Height Adjustable; Furniture Medical, Surgical or Dental) were United States (US$2.25B), Germany (US$838M), and France (US$501M).