ProceduresGovernment

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

Exchange by Territory

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International Sales

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Baja 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

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Baja 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

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Specialization by State

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The 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.

Origins and Trade Destinations

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  • 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).