ProceduresGovernment

Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas)

Código 9206 (Harmonized System 2012 by 4 digits)

 2023: US$7.67M, Total Trade Exchange

2023: US$420k, International Sales

  2023: US$7.25M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) was US$7.67M.

In 2023, the states with the most international sales in Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were Ciudad de México (US$79.6k) and Jalisco (US$6.52k).

The states with the most international purchases in 2023 were Ciudad de México (US$4.88M), Jalisco (US$1.07M), Nuevo León (US$123k), Estado de México (US$52.5k), and Quintana Roo (US$45.6k).

In 2023, the main commercial destinations of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were United States (US$45.1k), Canada (US$1.81k), Germany (US$1.75k), Ecuador (US$945), and Costa Rica (US$637).

The main commercial origins of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) in 2023 were China (US$3.2M), United States (US$1.15M), Taiwan (Republic of China) (US$417k), Thailand (US$397k), and Canada (US$376k).

In the global context, the main exporting countries of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) in 2022 were China (US$194M), Germany (US$76M), and Taiwan (Republic of China) (US$49.3M). In the same year, the main importing countries of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were United States (US$161M), Germany (US$66M), and United Kingdom (US$25.5M).

Trade Balance of Mexico

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Net Trade Balance

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US$7.67M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) in Mexico (including international purchases and sales) was US$7.67M.

The visualizations show the net balance of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) 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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November, 2024

  • US$834k, International Purchases
  • US$6.25k, International Sales

In November 2024, international sales of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were US$6.25k, while international purchases reached US$834k. The above results in a trade balance of -US$827k.

Market Concentration

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2024-Q4: US$7.3k, International Sales

The visualization shows the quarterly concentration of international sales of Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) at state level.

In the fourth quarter of 2024, international sales were US$7.3k, being the states with the most sales Ciudad de México (US$7.3k).

Exchange by Territory

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International Sales

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Ciudad de México: US$79.6k, State with the Most International Sales (2023)

United States: US$45.1k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were Ciudad de México (US$79.6k) and Jalisco (US$6.52k).

In 2023, the countries with the most international purchases from Mexico were United States (US$45.1k), Canada (US$1.81k), Germany (US$1.75k), Ecuador (US$945), and Costa Rica (US$637).

International Purchases

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Ciudad de México: US$4.88M, State with the Most International Purchases (2023)

China: US$3.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were Ciudad de México (US$4.88M), Jalisco (US$1.07M), Nuevo León (US$123k), Estado de México (US$52.5k), and Quintana Roo (US$45.6k).

The countries with the most international sales to Mexico in 2023 were China (US$3.2M), United States (US$1.15M), Taiwan (Republic of China) (US$417k), Thailand (US$397k), and Canada (US$376k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas). 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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  • 0.038%, Mexican share in global exports - 2022
  • 0.91%, Mexican share in global imports - 2022

The visualizations show the global market for Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas). 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 Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were China (US$194M), Germany (US$76M), and Taiwan (Republic of China) (US$49.3M). In the same year, the main importing countries for Percussion Musical Instruments (For Example, Drums, Xylophones, Cymbals, Castanets, Maracas) were United States (US$161M), Germany (US$66M), and United Kingdom (US$25.5M).