Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated:
Código 910811 (Harmonized System 2012 by 6 digits)
2022: US$43k, International Sales
2023: US$339k, International Purchases
In 2022, the states with the most international sales in Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Ciudad de México (US$42.9k).
The states with the most international purchases in 2023 were Estado de México (US$202k) and Ciudad de México (US$99k).
In 2022, the main commercial destinations of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Switzerland (US$42.4k) and United States (US$499).
The main commercial origins of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: in 2023 were Switzerland (US$230k), Japan (US$56.8k), Thailand (US$5.46k), Hong Kong (US$4.08k), and China (US$3.52k).
In the global context, the main exporting countries of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: in 2022 were Japan (US$282M), Switzerland (US$70.6M), and China (US$60M). In the same year, the main importing countries of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Hong Kong (US$280M), China (US$91.1M), and Netherlands (US$16.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: 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$22.2k, International Purchases
In July 2024, international sales of Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were US$0, while international purchases reached US$22.2k. The above results in a trade balance of -US$22.2k.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$42.9k, State with the Most International Sales (2022)
Switzerland: US$42.4k, Main commercial destination (2022)
In 2022, the states with the highest international sales in Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Ciudad de México (US$42.9k).
In 2022, the countries with the most international purchases from Mexico were Switzerland (US$42.4k) and United States (US$499).
International Purchases
#permalink to sectionEstado de México: US$202k, State with the Most International Purchases (2023)
Switzerland: US$230k, Main Commercial Origin (2023)
In 2023, the states with the highest international in Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Estado de México (US$202k) and Ciudad de México (US$99k).
The countries with the most international sales to Mexico in 2023 were Switzerland (US$230k), Japan (US$56.8k), Thailand (US$5.46k), Hong Kong (US$4.08k), and China (US$3.52k).
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, Electric, with Mechanical Display only or with a Device that can be Incorporated: 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, Electric, with Mechanical Display only or with a Device that can be Incorporated:. 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- 0.0064%, Mexican share in global exports - 2022
- 0.095%, Mexican share in global imports - 2022
The visualizations show the global market for Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated:. 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, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Japan (US$282M), Switzerland (US$70.6M), and China (US$60M). In the same year, the main importing countries for Watch Movements, Complete and Assembled, Electric, with Mechanical Display only or with a Device that can be Incorporated: were Hong Kong (US$280M), China (US$91.1M), and Netherlands (US$16.8M).