Electrical Equipment for Sound Amplification
Código 8518 (Harmonized System 2012 by 4 digits)
2023: US$4.03B, Total Trade Exchange
2023: US$2.24B, International Sales
2023: US$1.79B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Electrical Equipment for Sound Amplification was US$4.03B.
In 2023, the states with the most international sales in Electrical Equipment for Sound Amplification were Chihuahua (US$770M), Baja California (US$760M), Sonora (US$191M), Tamaulipas (US$138M), and Jalisco (US$133M).
The states with the most international purchases in 2023 were Ciudad de México (US$559M), Baja California (US$288M), Chihuahua (US$282M), Jalisco (US$137M), and Tamaulipas (US$105M).
In 2023, the main commercial destinations of Electrical Equipment for Sound Amplification were United States (US$1.88B), China (US$59M), Germany (US$51M), Japan (US$34.5M), and Czech Republic (US$29.4M).
The main commercial origins of Electrical Equipment for Sound Amplification in 2023 were China (US$980M), United States (US$305M), Vietnam (US$259M), Malaysia (US$68.5M), and Taiwan (Republic of China) (US$32.7M).
In the global context, the main exporting countries of Electrical Equipment for Sound Amplification in 2022 were China (US$25.7B), Vietnam (US$4.98B), and Germany (US$2.62B). In the same year, the main importing countries of Electrical Equipment for Sound Amplification were United States (US$8.57B), Germany (US$4.09B), and China (US$3.5B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.03B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Electrical Equipment for Sound Amplification in Mexico (including international purchases and sales) was US$4.03B.
The visualizations show the net balance of Electrical Equipment for Sound Amplification 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$162M, International Purchases
- US$177M, International Sales
In July 2024, international sales of Electrical Equipment for Sound Amplification were US$177M, while international purchases reached US$162M. The above results in a trade balance of US$14.5M.
Market Concentration
#permalink to section2024-Q3: US$172M, International Sales
The visualization shows the quarterly concentration of international sales of Electrical Equipment for Sound Amplification at state level.
In the third quarter of 2024, international sales were US$172M, being the states with the most sales Baja California (US$85.3M), Chihuahua (US$45.1M), and Jalisco (US$12.4M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$770M, State with the Most International Sales (2023)
United States: US$1.88B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Electrical Equipment for Sound Amplification were Chihuahua (US$770M), Baja California (US$760M), Sonora (US$191M), Tamaulipas (US$138M), and Jalisco (US$133M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.88B), China (US$59M), Germany (US$51M), Japan (US$34.5M), and Czech Republic (US$29.4M).
International Purchases
#permalink to sectionCiudad de México: US$559M, State with the Most International Purchases (2023)
China: US$980M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Electrical Equipment for Sound Amplification were Ciudad de México (US$559M), Baja California (US$288M), Chihuahua (US$282M), Jalisco (US$137M), and Tamaulipas (US$105M).
The countries with the most international sales to Mexico in 2023 were China (US$980M), United States (US$305M), Vietnam (US$259M), Malaysia (US$68.5M), and Taiwan (Republic of China) (US$32.7M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Electrical Equipment for Sound Amplification and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Electrical Equipment for Sound Amplification. 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- 3.9%, Mexican share in global exports - 2022
- 3.36%, Mexican share in global imports - 2022
The visualizations show the global market for Electrical Equipment for Sound Amplification. 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 Electrical Equipment for Sound Amplification were China (US$25.7B), Vietnam (US$4.98B), and Germany (US$2.62B). In the same year, the main importing countries for Electrical Equipment for Sound Amplification were United States (US$8.57B), Germany (US$4.09B), and China (US$3.5B).