Insulators Electrically Parts, Plastic
Código 854720 (Harmonized System 2012 by 6 digits)
2024: US$215M, Total Trade Exchange
2024: US$15.6M, International Sales
2024: US$200M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Insulators Electrically Parts, Plastic was US$215M.
In 2024, the states with the most international sales in Insulators Electrically Parts, Plastic were Baja California (US$3.4M), Nuevo León (US$2.5M), Ciudad de México (US$2.09M), Sonora (US$1.9M), and Tamaulipas (US$1.69M).
The states with the most international purchases in 2024 were Baja California (US$33M), San Luis Potosí (US$24.7M), Nuevo León (US$21.9M), Chihuahua (US$20.2M), and Ciudad de México (US$19.1M).
In 2024, the main commercial destinations of Insulators Electrically Parts, Plastic were United States (US$13.5M), Puerto Rico (US$343k), India (US$222k), Paraguay (US$176k), and China (US$142k).
The main commercial origins of Insulators Electrically Parts, Plastic in 2024 were United States (US$93.9M), China (US$36M), Germany (US$14.1M), South Korea (US$9.2M), and Hungary (US$8.27M).
In the global context, the main exporting countries of Insulators Electrically Parts, Plastic in 2022 were Germany (US$1.17B), China (US$614M), and Japan (US$536M). In the same year, the main importing countries of Insulators Electrically Parts, Plastic were China (US$602M), Germany (US$553M), and Czech Republic (US$381M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$215M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Insulators Electrically Parts, Plastic in Mexico (including international purchases and sales) was US$215M.
The visualizations show the net balance of Insulators Electrically Parts, Plastic 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, 2025
- US$17.2M, International Purchases
- US$1.22M, International Sales
In March 2025, international sales of Insulators Electrically Parts, Plastic were US$1.22M, while international purchases reached US$17.2M. The above results in a trade balance of -US$16M.
Market Concentration
#permalink to section2025-Q1: US$3.7M, International Sales
The visualization shows the quarterly concentration of international sales of Insulators Electrically Parts, Plastic at state level.
In the first quarter of 2025, international sales were US$3.7M, being the states with the most sales Ciudad de México (US$736k), Baja California (US$717k), and Nuevo León (US$654k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$3.4M, State with the Most International Sales (2024)
United States: US$13.5M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Insulators Electrically Parts, Plastic were Baja California (US$3.4M), Nuevo León (US$2.5M), Ciudad de México (US$2.09M), Sonora (US$1.9M), and Tamaulipas (US$1.69M).
In 2024, the countries with the most international purchases from Mexico were United States (US$13.5M), Puerto Rico (US$343k), India (US$222k), Paraguay (US$176k), and China (US$142k).
International Purchases
#permalink to sectionBaja California: US$33M, State with the Most International Purchases (2024)
United States: US$93.9M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Insulators Electrically Parts, Plastic were Baja California (US$33M), San Luis Potosí (US$24.7M), Nuevo León (US$21.9M), Chihuahua (US$20.2M), and Ciudad de México (US$19.1M).
The countries with the most international sales to Mexico in 2024 were United States (US$93.9M), China (US$36M), Germany (US$14.1M), South Korea (US$9.2M), and Hungary (US$8.27M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Insulators Electrically Parts, Plastic and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Insulators Electrically Parts, Plastic. 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- 2.37%, Mexican share in global exports - 2022
- 5.25%, Mexican share in global imports - 2022
The visualizations show the global market for Insulators Electrically Parts, Plastic. 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 Insulators Electrically Parts, Plastic were Germany (US$1.17B), China (US$614M), and Japan (US$536M). In the same year, the main importing countries for Insulators Electrically Parts, Plastic were China (US$602M), Germany (US$553M), and Czech Republic (US$381M).