Código 910599 (Harmonized System 2012 by 6 digits)
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Clocks (Excl. Electrically Operated, Wrist Watches, Pocket-Watches Simil. of Heading 9101 or 9102, Clocks with Watch Movements of Heading 9103, Watches Dashboard and Watches Simil. of the Game 9104, Alarm Clocks and Wall Clocks, Table or Fireplace) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Clocks (Excl. Electrically Operated, Wrist Watches, Pocket-Watches Simil. of Heading 9101 or 9102, Clocks with Watch Movements of Heading 9103, Watches Dashboard and Watches Simil. of the Game 9104, Alarm Clocks and Wall Clocks, Table or Fireplace). 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.
The visualizations show the global market for Clocks (Excl. Electrically Operated, Wrist Watches, Pocket-Watches Simil. of Heading 9101 or 9102, Clocks with Watch Movements of Heading 9103, Watches Dashboard and Watches Simil. of the Game 9104, Alarm Clocks and Wall Clocks, Table or Fireplace). 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 Clocks (Excl. Electrically Operated, Wrist Watches, Pocket-Watches Simil. of Heading 9101 or 9102, Clocks with Watch Movements of Heading 9103, Watches Dashboard and Watches Simil. of the Game 9104, Alarm Clocks and Wall Clocks, Table or Fireplace) were Kuwait (US$41.4M), Switzerland (US$30.4M), and China (US$14.8M). In the same year, the main importing countries for Clocks (Excl. Electrically Operated, Wrist Watches, Pocket-Watches Simil. of Heading 9101 or 9102, Clocks with Watch Movements of Heading 9103, Watches Dashboard and Watches Simil. of the Game 9104, Alarm Clocks and Wall Clocks, Table or Fireplace) were Hong Kong (US$40.3M), Switzerland (US$17.3M), and France (US$8.09M).