ProceduresGovernment

Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background)

Código 910119 (Harmonized System 2012 by 6 digits)

2015: US$30.8k, International Sales

  2023: US$19k, International Purchases

In 2015, the states with the most international sales in Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Ciudad de México (US$29.6k).

The states with the most international purchases in 2023 were Ciudad de México (US$5.99k).

In 2015, the main commercial destinations of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Switzerland (US$11.5k), Canada (US$4.7k), and United States (US$3.55k).

The main commercial origins of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) in 2023 were China (US$5.98k) and Sweden (US$13).

In the global context, the main exporting countries of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) in 2022 were Switzerland (US$169M), Hong Kong (US$32.9M), and China (US$26.1M). In the same year, the main importing countries of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Spain (US$61.7M), Hong Kong (US$49.4M), and Malaysia (US$31.3M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) 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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August, 2023: US$4.6k, International Purchases

In August 2023, international sales of Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were US$0, while international purchases reached US$4.6k. The above results in a trade balance of -US$4.6k.

Exchange by Territory

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International Sales

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Ciudad de México: US$29.6k, State with the Most International Sales (2015)

Switzerland: US$11.5k, Main commercial destination (2015)

In 2015, the states with the highest international sales in Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Ciudad de México (US$29.6k).

In 2015, the countries with the most international purchases from Mexico were Switzerland (US$11.5k), Canada (US$4.7k), and United States (US$3.55k).

International Purchases

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Ciudad de México: US$5.99k, State with the Most International Purchases (2023)

China: US$5.98k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Ciudad de México (US$5.99k).

The countries with the most international sales to Mexico in 2023 were China (US$5.98k) and Sweden (US$13).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background). 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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  • 0.088%, Mexican share in global exports - 2022
  • 1.22%, Mexican share in global imports - 2022

The visualizations show the global market for Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background). 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 Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Switzerland (US$169M), Hong Kong (US$32.9M), and China (US$26.1M). In the same year, the main importing countries for Wristwatches, Electric, Incl. with Built-In Timer, Precious Metal Precious Metal Plating O "Plaqué" with Combination Indicator Optoelectronic and Optoelectronic Mechanical and Indicator (Exc. with Steel Background) were Spain (US$61.7M), Hong Kong (US$49.4M), and Malaysia (US$31.3M).