Código 9209 (Harmonized System 2012 by 4 digits)
2024: US$35.8M, Total Trade Exchange
2024: US$14.9M, International Sales
2024: US$21M, International Purchases
Baja California: US$8.27M, State with the Most International Sales (2024)
United States: US$8.35M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind were Baja California (US$8.27M), Estado de México (US$222k), and Ciudad de México (US$156k).
In 2024, the countries with the most international purchases from Mexico were United States (US$8.35M), Canada (US$206k), Guatemala (US$84.4k), Honduras (US$8k), and Costa Rica (US$3.17k).
Ciudad de México: US$7.99M, State with the Most International Purchases (2024)
United States: US$8.25M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind were Ciudad de México (US$7.99M), Baja California (US$6.82M), San Luis Potosí (US$1.11M), Sonora (US$991k), and Jalisco (US$784k).
The countries with the most international sales to Mexico in 2024 were United States (US$8.25M), China (US$3.75M), South Korea (US$2.3M), Taiwan (Region) (US$1.85M), and Japan (US$512k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind. 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 Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind. 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 Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind were China (US$389M), United States (US$298M), and Germany (US$240M). In the same year, the main importing countries for Parts (For Example, Mechanisms for Music Boxes) and Accessories (For Example, Cards, Discs and Rolls for Mechanical) Musical Instruments; Metronomes, Tuning Forks and Pitch of any Kind were United States (US$306M), Germany (US$174M), and Indonesia (US$167M).