ProceduresGovernment

Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué")

Código 910229 (Harmonized System 2012 by 6 digits)

 2023: US$11.3M, Total Trade Exchange

2023: US$1.62M, International Sales

  2023: US$9.71M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") was US$11.3M.

In 2023, the states with the most international sales in Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Ciudad de México (US$1.62M).

The states with the most international purchases in 2023 were Ciudad de México (US$9.05M), Puebla (US$122k), and Coahuila de Zaragoza (US$1.72k).

In 2023, the main commercial destinations of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Switzerland (US$1.46M), Brazil (US$133k), United States (US$17k), and Cuba (US$20).

The main commercial origins of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in 2023 were Switzerland (US$8.54M), China (US$379k), Japan (US$170k), Germany (US$84.2k), and United States (US$623).

In the global context, the main exporting countries of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in 2022 were Switzerland (US$912M), Singapore (US$158M), and China (US$74.6M). In the same year, the main importing countries of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were United States (US$208M), Hong Kong (US$142M), and Singapore (US$120M).

Trade Balance of Mexico

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Net Trade Balance

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US$11.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in Mexico (including international purchases and sales) was US$11.3M.

The visualizations show the net balance of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") 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$1.2M, International Purchases

In July 2024, international sales of Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were US$0, while international purchases reached US$1.2M. The above results in a trade balance of -US$1.2M.

Exchange by Territory

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International Sales

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Ciudad de México: US$1.62M, State with the Most International Sales (2023)

Switzerland: US$1.46M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Ciudad de México (US$1.62M).

In 2023, the countries with the most international purchases from Mexico were Switzerland (US$1.46M), Brazil (US$133k), United States (US$17k), and Cuba (US$20).

International Purchases

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Ciudad de México: US$9.05M, State with the Most International Purchases (2023)

Switzerland: US$8.54M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Ciudad de México (US$9.05M), Puebla (US$122k), and Coahuila de Zaragoza (US$1.72k).

The countries with the most international sales to Mexico in 2023 were Switzerland (US$8.54M), China (US$379k), Japan (US$170k), Germany (US$84.2k), and United States (US$623).

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 Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué"). 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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  • 0.035%, Mexican share in global exports - 2022
  • 0.62%, Mexican share in global imports - 2022

The visualizations show the global market for Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué"). 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 Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Switzerland (US$912M), Singapore (US$158M), and China (US$74.6M). In the same year, the main importing countries for Wristwatches Manuals, Incl. with Built-In Timer (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were United States (US$208M), Hong Kong (US$142M), and Singapore (US$120M).