ProceduresGovernment

Sinks "Wash Basins For" Sinks, Stainless Steel

Código 732410 (Harmonized System 2012 by 6 digits)

 2023: US$74.9M, Total Trade Exchange

2023: US$58M, International Sales

  2023: US$16.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sinks "Wash Basins For" Sinks, Stainless Steel was US$74.9M.

In 2023, the states with the most international sales in Sinks "Wash Basins For" Sinks, Stainless Steel were Baja California (US$4.36M), Ciudad de México (US$3.19M), San Luis Potosí (US$2.59M), Estado de México (US$347k), and Nuevo León (US$60.5k).

The states with the most international purchases in 2023 were Ciudad de México (US$5.3M), Nuevo León (US$3.82M), Estado de México (US$2.98M), Jalisco (US$1.14M), and Baja California (US$1.05M).

In 2023, the main commercial destinations of Sinks "Wash Basins For" Sinks, Stainless Steel were United States (US$5.23M), Guatemala (US$1.34M), Dominican Republic (US$972k), El Salvador (US$843k), and Honduras (US$627k).

The main commercial origins of Sinks "Wash Basins For" Sinks, Stainless Steel in 2023 were Malaysia (US$5.47M), China (US$4.28M), United States (US$2.63M), Spain (US$2.39M), and Brazil (US$835k).

In the global context, the main exporting countries of Sinks "Wash Basins For" Sinks, Stainless Steel in 2022 were China (US$1.04B), Vietnam (US$134M), and Germany (US$81.7M). In the same year, the main importing countries of Sinks "Wash Basins For" Sinks, Stainless Steel were United States (US$507M), Malaysia (US$97.3M), and Vietnam (US$96.4M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$74.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sinks "Wash Basins For" Sinks, Stainless Steel in Mexico (including international purchases and sales) was US$74.9M.

The visualizations show the net balance of Sinks "Wash Basins For" Sinks, Stainless Steel 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$1.58M, International Purchases
  • US$4.13M, International Sales

In July 2024, international sales of Sinks "Wash Basins For" Sinks, Stainless Steel were US$4.13M, while international purchases reached US$1.58M. The above results in a trade balance of US$2.55M.

Market Concentration

#permalink to section

2024-Q3: US$677k, International Sales

The visualization shows the quarterly concentration of international sales of Sinks "Wash Basins For" Sinks, Stainless Steel at state level.

In the third quarter of 2024, international sales were US$677k, being the states with the most sales Baja California (US$436k), San Luis Potosí (US$192k), and Estado de México (US$49.2k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$4.36M, State with the Most International Sales (2023)

United States: US$5.23M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sinks "Wash Basins For" Sinks, Stainless Steel were Baja California (US$4.36M), Ciudad de México (US$3.19M), San Luis Potosí (US$2.59M), Estado de México (US$347k), and Nuevo León (US$60.5k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.23M), Guatemala (US$1.34M), Dominican Republic (US$972k), El Salvador (US$843k), and Honduras (US$627k).

International Purchases

#permalink to section

Ciudad de México: US$5.3M, State with the Most International Purchases (2023)

Malaysia: US$5.47M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sinks "Wash Basins For" Sinks, Stainless Steel were Ciudad de México (US$5.3M), Nuevo León (US$3.82M), Estado de México (US$2.98M), Jalisco (US$1.14M), and Baja California (US$1.05M).

The countries with the most international sales to Mexico in 2023 were Malaysia (US$5.47M), China (US$4.28M), United States (US$2.63M), Spain (US$2.39M), and Brazil (US$835k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sinks "Wash Basins For" Sinks, Stainless Steel  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sinks "Wash Basins For" Sinks, Stainless Steel. 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

  • 4.07%, Mexican share in global exports - 2022
  • 3.1%, Mexican share in global imports - 2022

The visualizations show the global market for Sinks "Wash Basins For" Sinks, Stainless Steel. 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 Sinks "Wash Basins For" Sinks, Stainless Steel were China (US$1.04B), Vietnam (US$134M), and Germany (US$81.7M). In the same year, the main importing countries for Sinks "Wash Basins For" Sinks, Stainless Steel were United States (US$507M), Malaysia (US$97.3M), and Vietnam (US$96.4M).