Watch Movements, Complete and Assembled
Código 9108 (Harmonized System 2012 by 4 digits)
2023: US$1.41M, Total Trade Exchange
2023: US$32.7k, International Sales
2023: US$1.38M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Watch Movements, Complete and Assembled was US$1.41M.
In 2023, the states with the most international sales in Watch Movements, Complete and Assembled were Ciudad de México (US$25.2k).
The states with the most international purchases in 2023 were Ciudad de México (US$749k) and Estado de México (US$578k).
In 2023, the main commercial destinations of Watch Movements, Complete and Assembled were Switzerland (US$18.5k), United States (US$6.58k), Cuba (US$37), and Brazil (US$30).
The main commercial origins of Watch Movements, Complete and Assembled in 2023 were Switzerland (US$1.25M), Japan (US$58.5k), Thailand (US$5.46k), Hong Kong (US$4.08k), and China (US$3.87k).
In the global context, the main exporting countries of Watch Movements, Complete and Assembled in 2022 were Japan (US$350M), Switzerland (US$179M), and China (US$118M). In the same year, the main importing countries of Watch Movements, Complete and Assembled were Hong Kong (US$381M), China (US$137M), and Singapore (US$50M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.41M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Watch Movements, Complete and Assembled in Mexico (including international purchases and sales) was US$1.41M.
The visualizations show the net balance of Watch Movements, Complete and Assembled 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$132k, International Purchases
In November 2024, international sales of Watch Movements, Complete and Assembled were US$0, while international purchases reached US$132k. The above results in a trade balance of -US$132k.
Market Concentration
#permalink to section2024-Q4: US$54.1k, International Sales
The visualization shows the quarterly concentration of international sales of Watch Movements, Complete and Assembled at state level.
In the fourth quarter of 2024, international sales were US$54.1k, being the states with the most sales Ciudad de México (US$54.1k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$25.2k, State with the Most International Sales (2023)
Switzerland: US$18.5k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Watch Movements, Complete and Assembled were Ciudad de México (US$25.2k).
In 2023, the countries with the most international purchases from Mexico were Switzerland (US$18.5k), United States (US$6.58k), Cuba (US$37), and Brazil (US$30).
International Purchases
#permalink to sectionCiudad de México: US$749k, State with the Most International Purchases (2023)
Switzerland: US$1.25M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Watch Movements, Complete and Assembled were Ciudad de México (US$749k) and Estado de México (US$578k).
The countries with the most international sales to Mexico in 2023 were Switzerland (US$1.25M), Japan (US$58.5k), Thailand (US$5.46k), Hong Kong (US$4.08k), and China (US$3.87k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Watch Movements, Complete and Assembled and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Watch Movements, Complete and Assembled. 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- 0.048%, Mexican share in global exports - 2022
- 0.13%, Mexican share in global imports - 2022
The visualizations show the global market for Watch Movements, Complete and Assembled. 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 Watch Movements, Complete and Assembled were Japan (US$350M), Switzerland (US$179M), and China (US$118M). In the same year, the main importing countries for Watch Movements, Complete and Assembled were Hong Kong (US$381M), China (US$137M), and Singapore (US$50M).