Boards, Consoles and other Bases for Electric Control or Distribution of Electricity
Código 8537 (Harmonized System 2012 by 4 digits)
2023: US$11B, Total Trade Exchange
2023: US$8.17B, International Sales
2023: US$2.86B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity was US$11B.
In 2023, the states with the most international sales in Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were Nuevo León (US$1.68B), Chihuahua (US$1.46B), Jalisco (US$1.18B), Tamaulipas (US$956M), and Baja California (US$710M).
The states with the most international purchases in 2023 were Ciudad de México (US$583M), Chihuahua (US$365M), Nuevo León (US$321M), Baja California (US$235M), and Tamaulipas (US$223M).
In 2023, the main commercial destinations of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were United States (US$7.42B), China (US$230M), Canada (US$93M), Germany (US$86M), and Brazil (US$85.7M).
The main commercial origins of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity in 2023 were United States (US$1.2B), China (US$557M), Germany (US$139M), Japan (US$124M), and South Korea (US$107M).
In the global context, the main exporting countries of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity in 2022 were China (US$14.9B), Germany (US$10.3B), and Mexico (US$7.67B). In the same year, the main importing countries of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were United States (US$16.1B), Germany (US$8.92B), and China (US$5.52B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$11B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity in Mexico (including international purchases and sales) was US$11B.
The visualizations show the net balance of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity 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 sectionMarch, 2024
- US$286M, International Purchases
- US$729M, International Sales
In March 2024, international sales of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were US$729M, while international purchases reached US$286M. The above results in a trade balance of US$443M.
Market Concentration
#permalink to section2024-Q2: US$725M, International Sales
The visualization shows the quarterly concentration of international sales of Boards, Consoles and other Bases for Electric Control or Distribution of Electricity at state level.
In the second quarter of 2024, international sales were US$725M, being the states with the most sales Nuevo León (US$142M), Chihuahua (US$136M), and Jalisco (US$87.7M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$1.68B, State with the Most International Sales (2023)
United States: US$7.42B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were Nuevo León (US$1.68B), Chihuahua (US$1.46B), Jalisco (US$1.18B), Tamaulipas (US$956M), and Baja California (US$710M).
In 2023, the countries with the most international purchases from Mexico were United States (US$7.42B), China (US$230M), Canada (US$93M), Germany (US$86M), and Brazil (US$85.7M).
International Purchases
#permalink to sectionCiudad de México: US$583M, State with the Most International Purchases (2023)
United States: US$1.2B, Main Commercial Origin (2023)
In 2023, the states with the highest international in Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were Ciudad de México (US$583M), Chihuahua (US$365M), Nuevo León (US$321M), Baja California (US$235M), and Tamaulipas (US$223M).
The countries with the most international sales to Mexico in 2023 were United States (US$1.2B), China (US$557M), Germany (US$139M), Japan (US$124M), and South Korea (US$107M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Boards, Consoles and other Bases for Electric Control or Distribution of Electricity and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Boards, Consoles and other Bases for Electric Control or Distribution of Electricity. 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- 9.54%, Mexican share in global exports - 2022
- 2.91%, Mexican share in global imports - 2022
The visualizations show the global market for Boards, Consoles and other Bases for Electric Control or Distribution of Electricity. 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 Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were China (US$14.9B), Germany (US$10.3B), and Mexico (US$7.67B). In the same year, the main importing countries for Boards, Consoles and other Bases for Electric Control or Distribution of Electricity were United States (US$16.1B), Germany (US$8.92B), and China (US$5.52B).