ProceduresGovernment

Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C

Código 847190 (Harmonized System 2012 by 6 digits)

 2024: US$159M, Total Trade Exchange

2024: US$120M, International Sales

  2024: US$38.9M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C was US$159M.

In 2024, the states with the most international sales in Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were Tamaulipas (US$92.3M), Jalisco (US$15M), Chihuahua (US$9.82M), Baja California (US$1.42M), and Sonora (US$642k).

The states with the most international purchases in 2024 were Puebla (US$15.5M), Chihuahua (US$9.6M), Jalisco (US$3.33M), Ciudad de México (US$3.06M), and Tamaulipas (US$1.9M).

In 2024, the main commercial destinations of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were United States (US$83.2M), Netherlands (US$19.7M), Singapore (US$8.73M), China (US$5.97M), and Hungary (US$1.5M).

The main commercial origins of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C in 2024 were Poland (US$15M), United States (US$5.61M), South Korea (US$4.26M), Taiwan (Republic of China) (US$3.55M), and China (US$3.36M).

In the global context, the main exporting countries of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C in 2022 were China (US$1.44B), Germany (US$1.1B), and United States (US$1.1B). In the same year, the main importing countries of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were United States (US$813M), Germany (US$620M), and China (US$592M).

Trade Balance of Mexico

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Net Trade Balance

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US$159M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C in Mexico (including international purchases and sales) was US$159M.

The visualizations show the net balance of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C 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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March, 2025

  • US$1.52M, International Purchases
  • US$18.4M, International Sales

In March 2025, international sales of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were US$18.4M, while international purchases reached US$1.52M. The above results in a trade balance of US$16.9M.

Market Concentration

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2025-Q1: US$31.7M, International Sales

The visualization shows the quarterly concentration of international sales of Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C at state level.

In the first quarter of 2025, international sales were US$31.7M, being the states with the most sales Tamaulipas (US$18.5M), Jalisco (US$11M), and Chihuahua (US$1.48M).

Exchange by Territory

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International Sales

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Tamaulipas: US$92.3M, State with the Most International Sales (2024)

United States: US$83.2M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were Tamaulipas (US$92.3M), Jalisco (US$15M), Chihuahua (US$9.82M), Baja California (US$1.42M), and Sonora (US$642k).

In 2024, the countries with the most international purchases from Mexico were United States (US$83.2M), Netherlands (US$19.7M), Singapore (US$8.73M), China (US$5.97M), and Hungary (US$1.5M).

International Purchases

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Puebla: US$15.5M, State with the Most International Purchases (2024)

Poland: US$15M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were Puebla (US$15.5M), Chihuahua (US$9.6M), Jalisco (US$3.33M), Ciudad de México (US$3.06M), and Tamaulipas (US$1.9M).

The countries with the most international sales to Mexico in 2024 were Poland (US$15M), United States (US$5.61M), South Korea (US$4.26M), Taiwan (Republic of China) (US$3.55M), and China (US$3.36M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C. 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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  • 3%, Mexican share in global exports - 2022
  • 0.62%, Mexican share in global imports - 2022

The visualizations show the global market for Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C. 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 Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were China (US$1.44B), Germany (US$1.1B), and United States (US$1.1B). In the same year, the main importing countries for Magnetic and Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing these Data, N.E.C were United States (US$813M), Germany (US$620M), and China (US$592M).