Switchgears and Switches for a Voltage> 1000 V
Código 853530 (Harmonized System 2012 by 6 digits)
2023: US$185M, Total Trade Exchange
2023: US$136M, International Sales
2023: US$48.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Switchgears and Switches for a Voltage> 1000 V was US$185M.
In 2023, the states with the most international sales in Switchgears and Switches for a Voltage> 1000 V were Ciudad de México (US$81.2M), San Luis Potosí (US$21.9M), Chihuahua (US$17.5M), Baja California (US$5.29M), and Estado de México (US$4.94M).
The states with the most international purchases in 2023 were Ciudad de México (US$18.9M), San Luis Potosí (US$9.45M), Nuevo León (US$6.15M), Estado de México (US$3.83M), and Sonora (US$3.12M).
In 2023, the main commercial destinations of Switchgears and Switches for a Voltage> 1000 V were United States (US$121M), Colombia (US$3.1M), United Kingdom (US$2.33M), Canada (US$1.53M), and Brazil (US$844k).
The main commercial origins of Switchgears and Switches for a Voltage> 1000 V in 2023 were United States (US$15.4M), South Korea (US$10.3M), China (US$5.61M), Italy (US$3.01M), and Germany (US$2.74M).
In the global context, the main exporting countries of Switchgears and Switches for a Voltage> 1000 V in 2022 were Switzerland (US$401M), Italy (US$291M), and China (US$221M). In the same year, the main importing countries of Switchgears and Switches for a Voltage> 1000 V were United States (US$268M), Saudi Arabia (US$160M), and China (US$97.2M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$185M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Switchgears and Switches for a Voltage> 1000 V in Mexico (including international purchases and sales) was US$185M.
The visualizations show the net balance of Switchgears and Switches for a Voltage> 1000 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 sectionJuly, 2024
- US$5.32M, International Purchases
- US$15.7M, International Sales
In July 2024, international sales of Switchgears and Switches for a Voltage> 1000 V were US$15.7M, while international purchases reached US$5.32M. The above results in a trade balance of US$10.4M.
Market Concentration
#permalink to section2024-Q3: US$13.4M, International Sales
The visualization shows the quarterly concentration of international sales of Switchgears and Switches for a Voltage> 1000 V at state level.
In the third quarter of 2024, international sales were US$13.4M, being the states with the most sales Ciudad de México (US$11.2M) and Chihuahua (US$2.14M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$81.2M, State with the Most International Sales (2023)
United States: US$121M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Switchgears and Switches for a Voltage> 1000 V were Ciudad de México (US$81.2M), San Luis Potosí (US$21.9M), Chihuahua (US$17.5M), Baja California (US$5.29M), and Estado de México (US$4.94M).
In 2023, the countries with the most international purchases from Mexico were United States (US$121M), Colombia (US$3.1M), United Kingdom (US$2.33M), Canada (US$1.53M), and Brazil (US$844k).
International Purchases
#permalink to sectionCiudad de México: US$18.9M, State with the Most International Purchases (2023)
United States: US$15.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Switchgears and Switches for a Voltage> 1000 V were Ciudad de México (US$18.9M), San Luis Potosí (US$9.45M), Nuevo León (US$6.15M), Estado de México (US$3.83M), and Sonora (US$3.12M).
The countries with the most international sales to Mexico in 2023 were United States (US$15.4M), South Korea (US$10.3M), China (US$5.61M), Italy (US$3.01M), and Germany (US$2.74M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Switchgears and Switches for a Voltage> 1000 V and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Switchgears and Switches for a Voltage> 1000 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- 5.14%, Mexican share in global exports - 2022
- 1.3%, Mexican share in global imports - 2022
The visualizations show the global market for Switchgears and Switches for a Voltage> 1000 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 Switchgears and Switches for a Voltage> 1000 V were Switzerland (US$401M), Italy (US$291M), and China (US$221M). In the same year, the main importing countries for Switchgears and Switches for a Voltage> 1000 V were United States (US$268M), Saudi Arabia (US$160M), and China (US$97.2M).