ProceduresGovernment

Electrical Apparatus for Switching or Protecting Electrical Circuits

Código 8536 (Harmonized System 2012 by 4 digits)

 2023: US$13.4B, Total Trade Exchange

2023: US$5.29B, International Sales

  2023: US$8.14B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Electrical Apparatus for Switching or Protecting Electrical Circuits was US$13.4B.

In 2023, the states with the most international sales in Electrical Apparatus for Switching or Protecting Electrical Circuits were Baja California (US$978M), Chihuahua (US$843M), Sonora (US$662M), Tamaulipas (US$609M), and Ciudad de México (US$590M).

The states with the most international purchases in 2023 were Chihuahua (US$1.75B), Nuevo León (US$907M), Jalisco (US$833M), Ciudad de México (US$816M), and Baja California (US$779M).

In 2023, the main commercial destinations of Electrical Apparatus for Switching or Protecting Electrical Circuits were United States (US$4.85B), Germany (US$70.6M), Nicaragua (US$54.8M), China (US$48.5M), and Canada (US$40M).

The main commercial origins of Electrical Apparatus for Switching or Protecting Electrical Circuits in 2023 were United States (US$3.21B), China (US$2B), Germany (US$563M), Japan (US$549M), and South Korea (US$214M).

In the global context, the main exporting countries of Electrical Apparatus for Switching or Protecting Electrical Circuits in 2022 were China (US$31B), Germany (US$15.9B), and United States (US$10.3B). In the same year, the main importing countries of Electrical Apparatus for Switching or Protecting Electrical Circuits were United States (US$14.7B), China (US$12.5B), and Germany (US$9.93B).

Trade Balance of Mexico

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Net Trade Balance

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US$13.4B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Electrical Apparatus for Switching or Protecting Electrical Circuits in Mexico (including international purchases and sales) was US$13.4B.

The visualizations show the net balance of Electrical Apparatus for Switching or Protecting Electrical Circuits 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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February, 2024

  • US$700M, International Purchases
  • US$457M, International Sales

In February 2024, international sales of Electrical Apparatus for Switching or Protecting Electrical Circuits were US$457M, while international purchases reached US$700M. The above results in a trade balance of -US$243M.

Market Concentration

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2024-Q1: US$1.25B, International Sales

The visualization shows the quarterly concentration of international sales of Electrical Apparatus for Switching or Protecting Electrical Circuits at state level.

In the first quarter of 2024, international sales were US$1.25B, being the states with the most sales Baja California (US$235M), Chihuahua (US$184M), and Ciudad de México (US$160M).

Exchange by Territory

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International Sales

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Baja California: US$978M, State with the Most International Sales (2023)

United States: US$4.85B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Electrical Apparatus for Switching or Protecting Electrical Circuits were Baja California (US$978M), Chihuahua (US$843M), Sonora (US$662M), Tamaulipas (US$609M), and Ciudad de México (US$590M).

In 2023, the countries with the most international purchases from Mexico were United States (US$4.85B), Germany (US$70.6M), Nicaragua (US$54.8M), China (US$48.5M), and Canada (US$40M).

International Purchases

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Chihuahua: US$1.75B, State with the Most International Purchases (2023)

United States: US$3.21B, Main Commercial Origin (2023)

In 2023, the states with the highest international in Electrical Apparatus for Switching or Protecting Electrical Circuits were Chihuahua (US$1.75B), Nuevo León (US$907M), Jalisco (US$833M), Ciudad de México (US$816M), and Baja California (US$779M).

The countries with the most international sales to Mexico in 2023 were United States (US$3.21B), China (US$2B), Germany (US$563M), Japan (US$549M), and South Korea (US$214M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electrical Apparatus for Switching or Protecting Electrical Circuits  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Apparatus for Switching or Protecting Electrical Circuits. 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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  • 4.61%, Mexican share in global exports - 2022
  • 5.67%, Mexican share in global imports - 2022

The visualizations show the global market for Electrical Apparatus for Switching or Protecting Electrical Circuits. 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 Apparatus for Switching or Protecting Electrical Circuits were China (US$31B), Germany (US$15.9B), and United States (US$10.3B). In the same year, the main importing countries for Electrical Apparatus for Switching or Protecting Electrical Circuits were United States (US$14.7B), China (US$12.5B), and Germany (US$9.93B).