ProceduresGovernment

Relays, for a Voltage <= 60 V

Código 853641 (Harmonized System 2012 by 6 digits)

 2024: US$710M, Total Trade Exchange

2024: US$168M, International Sales

  2024: US$542M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Relays, for a Voltage <= 60 V was US$710M.

In 2024, the states with the most international sales in Relays, for a Voltage <= 60 V were Baja California (US$78.6M), Sonora (US$17.8M), Aguascalientes (US$16.8M), Tamaulipas (US$15.9M), and Chihuahua (US$10.8M).

The states with the most international purchases in 2024 were Chihuahua (US$146M), Jalisco (US$55.9M), Ciudad de México (US$50.6M), Nuevo León (US$47.7M), and Tamaulipas (US$46.2M).

In 2024, the main commercial destinations of Relays, for a Voltage <= 60 V were United States (US$140M), Japan (US$9.09M), China (US$5.58M), Malaysia (US$2.39M), and Singapore (US$2.08M).

The main commercial origins of Relays, for a Voltage <= 60 V in 2024 were China (US$207M), United States (US$102M), Japan (US$67.9M), South Korea (US$24.8M), and Vietnam (US$21.6M).

In the global context, the main exporting countries of Relays, for a Voltage <= 60 V in 2022 were China (US$1.5B), Japan (US$680M), and Germany (US$575M). In the same year, the main importing countries of Relays, for a Voltage <= 60 V were United States (US$633M), Germany (US$598M), and Mexico (US$557M).

Trade Balance of Mexico

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Net Trade Balance

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US$710M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Relays, for a Voltage <= 60 V in Mexico (including international purchases and sales) was US$710M.

The visualizations show the net balance of Relays, for a Voltage <= 60 V 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$37.5M, International Purchases
  • US$11.5M, International Sales

In March 2025, international sales of Relays, for a Voltage <= 60 V were US$11.5M, while international purchases reached US$37.5M. The above results in a trade balance of -US$26M.

Market Concentration

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2025-Q1: US$32.3M, International Sales

The visualization shows the quarterly concentration of international sales of Relays, for a Voltage <= 60 V at state level.

In the first quarter of 2025, international sales were US$32.3M, being the states with the most sales Baja California (US$15.6M), Sonora (US$4.33M), and Tamaulipas (US$4.12M).

Exchange by Territory

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International Sales

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Baja California: US$78.6M, State with the Most International Sales (2024)

United States: US$140M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Relays, for a Voltage <= 60 V were Baja California (US$78.6M), Sonora (US$17.8M), Aguascalientes (US$16.8M), Tamaulipas (US$15.9M), and Chihuahua (US$10.8M).

In 2024, the countries with the most international purchases from Mexico were United States (US$140M), Japan (US$9.09M), China (US$5.58M), Malaysia (US$2.39M), and Singapore (US$2.08M).

International Purchases

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Chihuahua: US$146M, State with the Most International Purchases (2024)

China: US$207M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Relays, for a Voltage <= 60 V were Chihuahua (US$146M), Jalisco (US$55.9M), Ciudad de México (US$50.6M), Nuevo León (US$47.7M), and Tamaulipas (US$46.2M).

The countries with the most international sales to Mexico in 2024 were China (US$207M), United States (US$102M), Japan (US$67.9M), South Korea (US$24.8M), and Vietnam (US$21.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Relays, for a Voltage <= 60 V  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Relays, for a Voltage <= 60 V. 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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  • 2.58%, Mexican share in global exports - 2022
  • 9.95%, Mexican share in global imports - 2022

The visualizations show the global market for Relays, for a Voltage <= 60 V. 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 Relays, for a Voltage <= 60 V were China (US$1.5B), Japan (US$680M), and Germany (US$575M). In the same year, the main importing countries for Relays, for a Voltage <= 60 V were United States (US$633M), Germany (US$598M), and Mexico (US$557M).