Parts of Machines and Electrical Apparatus, Having Individual Functions
Código 854390 (Harmonized System 2012 by 6 digits)
2024: US$404M, Total Trade Exchange
2024: US$151M, International Sales
2024: US$253M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Parts of Machines and Electrical Apparatus, Having Individual Functions was US$404M.
In 2024, the states with the most international sales in Parts of Machines and Electrical Apparatus, Having Individual Functions were Baja California (US$53.5M), Chihuahua (US$37.1M), Sonora (US$22.1M), Nuevo León (US$15.1M), and Tamaulipas (US$8.73M).
The states with the most international purchases in 2024 were Chihuahua (US$46.6M), Tamaulipas (US$38.9M), Baja California (US$34.5M), Estado de México (US$26.3M), and Ciudad de México (US$19.6M).
In 2024, the main commercial destinations of Parts of Machines and Electrical Apparatus, Having Individual Functions were United States (US$139M), China (US$3.32M), Brazil (US$3.02M), Canada (US$2.45M), and Malaysia (US$1.11M).
The main commercial origins of Parts of Machines and Electrical Apparatus, Having Individual Functions in 2024 were United States (US$100M), China (US$60.9M), South Korea (US$18.2M), Taiwan (Republic of China) (US$17.5M), and Malaysia (US$16.9M).
In the global context, the main exporting countries of Parts of Machines and Electrical Apparatus, Having Individual Functions in 2022 were China (US$3.46B), United States (US$955M), and Japan (US$779M). In the same year, the main importing countries of Parts of Machines and Electrical Apparatus, Having Individual Functions were United States (US$1.53B), China (US$741M), and Singapore (US$714M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$404M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Parts of Machines and Electrical Apparatus, Having Individual Functions in Mexico (including international purchases and sales) was US$404M.
The visualizations show the net balance of Parts of Machines and Electrical Apparatus, Having Individual Functions 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$25.9M, International Purchases
- US$13.4M, International Sales
In March 2025, international sales of Parts of Machines and Electrical Apparatus, Having Individual Functions were US$13.4M, while international purchases reached US$25.9M. The above results in a trade balance of -US$12.5M.
Market Concentration
#permalink to section2025-Q1: US$31.9M, International Sales
The visualization shows the quarterly concentration of international sales of Parts of Machines and Electrical Apparatus, Having Individual Functions at state level.
In the first quarter of 2025, international sales were US$31.9M, being the states with the most sales Sonora (US$8.99M), Baja California (US$8.8M), and Chihuahua (US$6.93M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$53.5M, State with the Most International Sales (2024)
United States: US$139M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Parts of Machines and Electrical Apparatus, Having Individual Functions were Baja California (US$53.5M), Chihuahua (US$37.1M), Sonora (US$22.1M), Nuevo León (US$15.1M), and Tamaulipas (US$8.73M).
In 2024, the countries with the most international purchases from Mexico were United States (US$139M), China (US$3.32M), Brazil (US$3.02M), Canada (US$2.45M), and Malaysia (US$1.11M).
International Purchases
#permalink to sectionChihuahua: US$46.6M, State with the Most International Purchases (2024)
United States: US$100M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Parts of Machines and Electrical Apparatus, Having Individual Functions were Chihuahua (US$46.6M), Tamaulipas (US$38.9M), Baja California (US$34.5M), Estado de México (US$26.3M), and Ciudad de México (US$19.6M).
The countries with the most international sales to Mexico in 2024 were United States (US$100M), China (US$60.9M), South Korea (US$18.2M), Taiwan (Republic of China) (US$17.5M), and Malaysia (US$16.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Parts of Machines and Electrical Apparatus, Having Individual Functions and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Parts of Machines and Electrical Apparatus, Having Individual Functions. 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- 1.85%, Mexican share in global exports - 2022
- 3.72%, Mexican share in global imports - 2022
The visualizations show the global market for Parts of Machines and Electrical Apparatus, Having Individual Functions. 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 of Machines and Electrical Apparatus, Having Individual Functions were China (US$3.46B), United States (US$955M), and Japan (US$779M). In the same year, the main importing countries for Parts of Machines and Electrical Apparatus, Having Individual Functions were United States (US$1.53B), China (US$741M), and Singapore (US$714M).