ProceduresGovernment

Glass Mirrors, Framed or Not, Including Mirrors

Código 7009 (Harmonized System 2012 by 4 digits)

 2023: US$502M, Total Trade Exchange

2023: US$242M, International Sales

  2023: US$260M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Glass Mirrors, Framed or Not, Including Mirrors was US$502M.

In 2023, the states with the most international sales in Glass Mirrors, Framed or Not, Including Mirrors were Nuevo León (US$154M), Tamaulipas (US$44.6M), San Luis Potosí (US$9.87M), Guanajuato (US$7.32M), and Baja California (US$4.81M).

The states with the most international purchases in 2023 were Ciudad de México (US$82.8M), Nuevo León (US$28M), Puebla (US$23.8M), Guanajuato (US$22.5M), and Coahuila de Zaragoza (US$20.8M).

In 2023, the main commercial destinations of Glass Mirrors, Framed or Not, Including Mirrors were United States (US$227M), Canada (US$1.8M), Germany (US$417k), Costa Rica (US$334k), and Guatemala (US$328k).

The main commercial origins of Glass Mirrors, Framed or Not, Including Mirrors in 2023 were United States (US$141M), China (US$73.7M), Italy (US$12.2M), Taiwan (Republic of China) (US$12M), and Japan (US$5.44M).

In the global context, the main exporting countries of Glass Mirrors, Framed or Not, Including Mirrors in 2022 were China (US$2.67B), United States (US$1.64B), and Germany (US$601M). In the same year, the main importing countries of Glass Mirrors, Framed or Not, Including Mirrors were United States (US$1.29B), Germany (US$1.03B), and China (US$455M).

Trade Balance of Mexico

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Net Trade Balance

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US$502M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Glass Mirrors, Framed or Not, Including Mirrors in Mexico (including international purchases and sales) was US$502M.

The visualizations show the net balance of Glass Mirrors, Framed or Not, Including Mirrors 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$31.2M, International Purchases
  • US$22.1M, International Sales

In July 2024, international sales of Glass Mirrors, Framed or Not, Including Mirrors were US$22.1M, while international purchases reached US$31.2M. The above results in a trade balance of -US$9.16M.

Market Concentration

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2024-Q3: US$21.4M, International Sales

The visualization shows the quarterly concentration of international sales of Glass Mirrors, Framed or Not, Including Mirrors at state level.

In the third quarter of 2024, international sales were US$21.4M, being the states with the most sales Nuevo León (US$11.4M), Tamaulipas (US$7.31M), and Guanajuato (US$971k).

Exchange by Territory

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International Sales

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Nuevo León: US$154M, State with the Most International Sales (2023)

United States: US$227M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Glass Mirrors, Framed or Not, Including Mirrors were Nuevo León (US$154M), Tamaulipas (US$44.6M), San Luis Potosí (US$9.87M), Guanajuato (US$7.32M), and Baja California (US$4.81M).

In 2023, the countries with the most international purchases from Mexico were United States (US$227M), Canada (US$1.8M), Germany (US$417k), Costa Rica (US$334k), and Guatemala (US$328k).

International Purchases

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Ciudad de México: US$82.8M, State with the Most International Purchases (2023)

United States: US$141M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Glass Mirrors, Framed or Not, Including Mirrors were Ciudad de México (US$82.8M), Nuevo León (US$28M), Puebla (US$23.8M), Guanajuato (US$22.5M), and Coahuila de Zaragoza (US$20.8M).

The countries with the most international sales to Mexico in 2023 were United States (US$141M), China (US$73.7M), Italy (US$12.2M), Taiwan (Republic of China) (US$12M), and Japan (US$5.44M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Glass Mirrors, Framed or Not, Including Mirrors  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Glass Mirrors, Framed or Not, Including Mirrors. 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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  • 2.83%, Mexican share in global exports - 2022
  • 2.79%, Mexican share in global imports - 2022

The visualizations show the global market for Glass Mirrors, Framed or Not, Including Mirrors. 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 Glass Mirrors, Framed or Not, Including Mirrors were China (US$2.67B), United States (US$1.64B), and Germany (US$601M). In the same year, the main importing countries for Glass Mirrors, Framed or Not, Including Mirrors were United States (US$1.29B), Germany (US$1.03B), and China (US$455M).