ProceduresGovernment

Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated

Código 8510 (Harmonized System 2012 by 4 digits)

 2023: US$182M, Total Trade Exchange

2023: US$81.2M, International Sales

  2023: US$101M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated was US$182M.

In 2023, the states with the most international sales in Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were Baja California (US$44.5M), Estado de México (US$32.5M), and Ciudad de México (US$118k).

The states with the most international purchases in 2023 were Baja California (US$51M), Estado de México (US$27.9M), Ciudad de México (US$4.43M), Sinaloa (US$4.12M), and Jalisco (US$1.36M).

In 2023, the main commercial destinations of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were United States (US$76.2M), Argentina (US$320k), Colombia (US$215k), El Salvador (US$79.6k), and Brazil (US$73.2k).

The main commercial origins of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated in 2023 were China (US$79.5M), Indonesia (US$5.05M), United States (US$2.9M), Malaysia (US$1.32M), and Bosnia and Herzegovina (US$590k).

In the global context, the main exporting countries of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated in 2022 were China (US$2.03B), Germany (US$790M), and Netherlands (US$690M). In the same year, the main importing countries of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were Germany (US$763M), United States (US$730M), and Netherlands (US$285M).

Trade Balance of Mexico

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Net Trade Balance

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US$182M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated in Mexico (including international purchases and sales) was US$182M.

The visualizations show the net balance of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated 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$9.51M, International Purchases
  • US$6.03M, International Sales

In July 2024, international sales of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were US$6.03M, while international purchases reached US$9.51M. The above results in a trade balance of -US$3.48M.

Market Concentration

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2024-Q3: US$1.95k, International Sales

The visualization shows the quarterly concentration of international sales of Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated at state level.

In the third quarter of 2024, international sales were US$1.95k, being the states with the most sales Ciudad de México (US$1.95k).

Exchange by Territory

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International Sales

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Baja California: US$44.5M, State with the Most International Sales (2023)

United States: US$76.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were Baja California (US$44.5M), Estado de México (US$32.5M), and Ciudad de México (US$118k).

In 2023, the countries with the most international purchases from Mexico were United States (US$76.2M), Argentina (US$320k), Colombia (US$215k), El Salvador (US$79.6k), and Brazil (US$73.2k).

International Purchases

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Baja California: US$51M, State with the Most International Purchases (2023)

China: US$79.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were Baja California (US$51M), Estado de México (US$27.9M), Ciudad de México (US$4.43M), Sinaloa (US$4.12M), and Jalisco (US$1.36M).

The countries with the most international sales to Mexico in 2023 were China (US$79.5M), Indonesia (US$5.05M), United States (US$2.9M), Malaysia (US$1.32M), and Bosnia and Herzegovina (US$590k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated. 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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  • 0.54%, Mexican share in global exports - 2022
  • 1.69%, Mexican share in global imports - 2022

The visualizations show the global market for Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated. 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 Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were China (US$2.03B), Germany (US$790M), and Netherlands (US$690M). In the same year, the main importing countries for Shavers, Hair Clippers Clippers and Hair-Removing Appliances, with Electric Motor Incorporated were Germany (US$763M), United States (US$730M), and Netherlands (US$285M).