Switches for a Voltage <= 1.000 V
Código 853650 (Harmonized System 2012 by 6 digits)
2023: US$2.64B, Total Trade Exchange
2023: US$1.28B, International Sales
2023: US$1.36B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Switches for a Voltage <= 1.000 V was US$2.64B.
In 2023, the states with the most international sales in Switches for a Voltage <= 1.000 V were Chihuahua (US$264M), Nuevo León (US$209M), Tamaulipas (US$193M), Baja California (US$155M), and Ciudad de México (US$126M).
The states with the most international purchases in 2023 were Ciudad de México (US$202M), Chihuahua (US$197M), Nuevo León (US$157M), Tamaulipas (US$139M), and Baja California (US$110M).
In 2023, the main commercial destinations of Switches for a Voltage <= 1.000 V were United States (US$1.2B), Canada (US$19.7M), Singapore (US$16.2M), China (US$11.5M), and Brazil (US$4.07M).
The main commercial origins of Switches for a Voltage <= 1.000 V in 2023 were United States (US$471M), China (US$368M), Japan (US$114M), Germany (US$66.4M), and Taiwan (Republic of China) (US$34.1M).
In the global context, the main exporting countries of Switches for a Voltage <= 1.000 V in 2022 were China (US$5B), Germany (US$3.34B), and United States (US$1.81B). In the same year, the main importing countries of Switches for a Voltage <= 1.000 V were United States (US$3.1B), Germany (US$2.19B), and China (US$1.98B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.64B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Switches for a Voltage <= 1.000 V in Mexico (including international purchases and sales) was US$2.64B.
The visualizations show the net balance of Switches for a Voltage <= 1.000 V 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 sectionNovember, 2024
- US$128M, International Purchases
- US$196M, International Sales
In November 2024, international sales of Switches for a Voltage <= 1.000 V were US$196M, while international purchases reached US$128M. The above results in a trade balance of US$68.3M.
Market Concentration
#permalink to section2024-Q4: US$314M, International Sales
The visualization shows the quarterly concentration of international sales of Switches for a Voltage <= 1.000 V at state level.
In the fourth quarter of 2024, international sales were US$314M, being the states with the most sales Guanajuato (US$106M), Chihuahua (US$41.1M), and Nuevo León (US$40M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$264M, State with the Most International Sales (2023)
United States: US$1.2B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Switches for a Voltage <= 1.000 V were Chihuahua (US$264M), Nuevo León (US$209M), Tamaulipas (US$193M), Baja California (US$155M), and Ciudad de México (US$126M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.2B), Canada (US$19.7M), Singapore (US$16.2M), China (US$11.5M), and Brazil (US$4.07M).
International Purchases
#permalink to sectionCiudad de México: US$202M, State with the Most International Purchases (2023)
United States: US$471M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Switches for a Voltage <= 1.000 V were Ciudad de México (US$202M), Chihuahua (US$197M), Nuevo León (US$157M), Tamaulipas (US$139M), and Baja California (US$110M).
The countries with the most international sales to Mexico in 2023 were United States (US$471M), China (US$368M), Japan (US$114M), Germany (US$66.4M), and Taiwan (Republic of China) (US$34.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Switches for a Voltage <= 1.000 V and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Switches for a Voltage <= 1.000 V. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 5.79%, Mexican share in global exports - 2022
- 5.82%, Mexican share in global imports - 2022
The visualizations show the global market for Switches for a Voltage <= 1.000 V. 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 Switches for a Voltage <= 1.000 V were China (US$5B), Germany (US$3.34B), and United States (US$1.81B). In the same year, the main importing countries for Switches for a Voltage <= 1.000 V were United States (US$3.1B), Germany (US$2.19B), and China (US$1.98B).