ProceduresGovernment

Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor

Código 9107 (Harmonized System 2012 by 4 digits)

 2023: US$108M, Total Trade Exchange

2023: US$85.2M, International Sales

  2023: US$22.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor was US$108M.

In 2023, the states with the most international sales in Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were Baja California (US$40.4M), Tamaulipas (US$14.6M), Ciudad de México (US$1.43M), Estado de México (US$71k), and Nuevo León (US$42.7k).

The states with the most international purchases in 2023 were Ciudad de México (US$12M), Nuevo León (US$3.52M), Chihuahua (US$1.55M), Jalisco (US$1.28M), and Baja California (US$1.11M).

In 2023, the main commercial destinations of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were United States (US$54.6M), France (US$1.56M), Ecuador (US$129k), Guatemala (US$60.9k), and Canada (US$30.5k).

The main commercial origins of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor in 2023 were Taiwan (Republic of China) (US$10.4M), China (US$5.29M), United States (US$3.57M), Vietnam (US$673k), and Thailand (US$569k).

In the global context, the main exporting countries of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor in 2022 were China (US$188M), Mexico (US$71.8M), and Germany (US$42.1M). In the same year, the main importing countries of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were United States (US$86.8M), France (US$40.6M), and Germany (US$36.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$108M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor in Mexico (including international purchases and sales) was US$108M.

The visualizations show the net balance of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor 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$2.24M, International Purchases
  • US$9.2M, International Sales

In July 2024, international sales of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were US$9.2M, while international purchases reached US$2.24M. The above results in a trade balance of US$6.96M.

Market Concentration

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2024-Q3: US$9.14M, International Sales

The visualization shows the quarterly concentration of international sales of Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor at state level.

In the third quarter of 2024, international sales were US$9.14M, being the states with the most sales Baja California (US$4.62M), Chihuahua (US$2.4M), and Tamaulipas (US$2.12M).

Exchange by Territory

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International Sales

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Baja California: US$40.4M, State with the Most International Sales (2023)

United States: US$54.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were Baja California (US$40.4M), Tamaulipas (US$14.6M), Ciudad de México (US$1.43M), Estado de México (US$71k), and Nuevo León (US$42.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$54.6M), France (US$1.56M), Ecuador (US$129k), Guatemala (US$60.9k), and Canada (US$30.5k).

International Purchases

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Ciudad de México: US$12M, State with the Most International Purchases (2023)

Taiwan (Republic of China): US$10.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were Ciudad de México (US$12M), Nuevo León (US$3.52M), Chihuahua (US$1.55M), Jalisco (US$1.28M), and Baja California (US$1.11M).

The countries with the most international sales to Mexico in 2023 were Taiwan (Republic of China) (US$10.4M), China (US$5.29M), United States (US$3.57M), Vietnam (US$673k), and Thailand (US$569k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor. 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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  • 14.3%, Mexican share in global exports - 2022
  • 4.55%, Mexican share in global imports - 2022

The visualizations show the global market for Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor. 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 Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were China (US$188M), Mexico (US$71.8M), and Germany (US$42.1M). In the same year, the main importing countries for Time Switches and other Devices that Allow Driving a Device at any Given Time, with Clockwork O Synchronous Motor were United States (US$86.8M), France (US$40.6M), and Germany (US$36.2M).