ProceduresGovernment

Universal Motors Power> 37.5 W

Código 850120 (Harmonized System 2012 by 6 digits)

 2023: US$72.8M, Total Trade Exchange

2023: US$6.28M, International Sales

  2023: US$66.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Universal Motors Power> 37.5 W was US$72.8M.

In 2023, the states with the most international sales in Universal Motors Power> 37.5 W were Baja California (US$1.87M), Tamaulipas (US$1.29M), Chihuahua (US$948k), Coahuila de Zaragoza (US$832k), and Nuevo León (US$816k).

The states with the most international purchases in 2023 were Chihuahua (US$21.2M), Tamaulipas (US$16.5M), Estado de México (US$7.6M), Baja California (US$4.67M), and Ciudad de México (US$3.29M).

In 2023, the main commercial destinations of Universal Motors Power> 37.5 W were United States (US$5.84M), Argentina (US$155k), Colombia (US$74.9k), Peru (US$43.5k), and Guatemala (US$33.3k).

The main commercial origins of Universal Motors Power> 37.5 W in 2023 were China (US$48.9M), United States (US$9.84M), Italy (US$2.7M), Germany (US$1.07M), and South Korea (US$912k).

In the global context, the main exporting countries of Universal Motors Power> 37.5 W in 2022 were China (US$380M), United States (US$89.3M), and Italy (US$86.6M). In the same year, the main importing countries of Universal Motors Power> 37.5 W were United States (US$136M), Germany (US$77M), and Italy (US$75.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$72.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Universal Motors Power> 37.5 W in Mexico (including international purchases and sales) was US$72.8M.

The visualizations show the net balance of Universal Motors Power> 37.5 W 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$4.93M, International Purchases
  • US$534k, International Sales

In July 2024, international sales of Universal Motors Power> 37.5 W were US$534k, while international purchases reached US$4.93M. The above results in a trade balance of -US$4.39M.

Market Concentration

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2024-Q3: US$460k, International Sales

The visualization shows the quarterly concentration of international sales of Universal Motors Power> 37.5 W at state level.

In the third quarter of 2024, international sales were US$460k, being the states with the most sales Baja California (US$375k), Chihuahua (US$43.2k), and Tamaulipas (US$20.8k).

Exchange by Territory

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International Sales

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Baja California: US$1.87M, State with the Most International Sales (2023)

United States: US$5.84M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Universal Motors Power> 37.5 W were Baja California (US$1.87M), Tamaulipas (US$1.29M), Chihuahua (US$948k), Coahuila de Zaragoza (US$832k), and Nuevo León (US$816k).

In 2023, the countries with the most international purchases from Mexico were United States (US$5.84M), Argentina (US$155k), Colombia (US$74.9k), Peru (US$43.5k), and Guatemala (US$33.3k).

International Purchases

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Chihuahua: US$21.2M, State with the Most International Purchases (2023)

China: US$48.9M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Universal Motors Power> 37.5 W were Chihuahua (US$21.2M), Tamaulipas (US$16.5M), Estado de México (US$7.6M), Baja California (US$4.67M), and Ciudad de México (US$3.29M).

The countries with the most international sales to Mexico in 2023 were China (US$48.9M), United States (US$9.84M), Italy (US$2.7M), Germany (US$1.07M), and South Korea (US$912k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Universal Motors Power> 37.5 W  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Universal Motors Power> 37.5 W. 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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  • 0.82%, Mexican share in global exports - 2022
  • 2.27%, Mexican share in global imports - 2022

The visualizations show the global market for Universal Motors Power> 37.5 W. 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 Universal Motors Power> 37.5 W were China (US$380M), United States (US$89.3M), and Italy (US$86.6M). In the same year, the main importing countries for Universal Motors Power> 37.5 W were United States (US$136M), Germany (US$77M), and Italy (US$75.3M).