Wiring Sets Used in Transportation
Código 854430 (Harmonized System 2012 by 6 digits)
2023: US$11.9B, Total Trade Exchange
2023: US$10.3B, International Sales
2023: US$1.61B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wiring Sets Used in Transportation was US$11.9B.
In 2023, the states with the most international sales in Wiring Sets Used in Transportation were Chihuahua (US$4.41B), Nuevo León (US$1.67B), Coahuila de Zaragoza (US$988M), Sonora (US$666M), and Guanajuato (US$502M).
The states with the most international purchases in 2023 were Estado de México (US$401M), Ciudad de México (US$315M), Jalisco (US$177M), Nuevo León (US$169M), and Chihuahua (US$111M).
In 2023, the main commercial destinations of Wiring Sets Used in Transportation were United States (US$10.1B), Germany (US$28.1M), China (US$23.8M), United Kingdom (US$18.1M), and Canada (US$17.4M).
The main commercial origins of Wiring Sets Used in Transportation in 2023 were United States (US$825M), Honduras (US$168M), Philippines (US$143M), Nicaragua (US$89.9M), and Vietnam (US$81.3M).
In the global context, the main exporting countries of Wiring Sets Used in Transportation in 2022 were Mexico (US$9.74B), China (US$3.61B), and Vietnam (US$3.39B). In the same year, the main importing countries of Wiring Sets Used in Transportation were United States (US$12.7B), Germany (US$5.2B), and Japan (US$5.01B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$11.9B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wiring Sets Used in Transportation in Mexico (including international purchases and sales) was US$11.9B.
The visualizations show the net balance of Wiring Sets Used in Transportation 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$122M, International Purchases
- US$810M, International Sales
In November 2024, international sales of Wiring Sets Used in Transportation were US$810M, while international purchases reached US$122M. The above results in a trade balance of US$688M.
Market Concentration
#permalink to section2024-Q4: US$1.67B, International Sales
The visualization shows the quarterly concentration of international sales of Wiring Sets Used in Transportation at state level.
In the fourth quarter of 2024, international sales were US$1.67B, being the states with the most sales Chihuahua (US$704M), Nuevo León (US$282M), and Coahuila de Zaragoza (US$141M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$4.41B, State with the Most International Sales (2023)
United States: US$10.1B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Wiring Sets Used in Transportation were Chihuahua (US$4.41B), Nuevo León (US$1.67B), Coahuila de Zaragoza (US$988M), Sonora (US$666M), and Guanajuato (US$502M).
In 2023, the countries with the most international purchases from Mexico were United States (US$10.1B), Germany (US$28.1M), China (US$23.8M), United Kingdom (US$18.1M), and Canada (US$17.4M).
International Purchases
#permalink to sectionEstado de México: US$401M, State with the Most International Purchases (2023)
United States: US$825M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wiring Sets Used in Transportation were Estado de México (US$401M), Ciudad de México (US$315M), Jalisco (US$177M), Nuevo León (US$169M), and Chihuahua (US$111M).
The countries with the most international sales to Mexico in 2023 were United States (US$825M), Honduras (US$168M), Philippines (US$143M), Nicaragua (US$89.9M), and Vietnam (US$81.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wiring Sets Used in Transportation and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wiring Sets Used in Transportation. 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- 20.5%, Mexican share in global exports - 2022
- 4.36%, Mexican share in global imports - 2022
The visualizations show the global market for Wiring Sets Used in Transportation. 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 Wiring Sets Used in Transportation were Mexico (US$9.74B), China (US$3.61B), and Vietnam (US$3.39B). In the same year, the main importing countries for Wiring Sets Used in Transportation were United States (US$12.7B), Germany (US$5.2B), and Japan (US$5.01B).