ProceduresGovernment

Seats whether or not Convertible into Beds, and Parts

Código 9401 (Harmonized System 2012 by 4 digits)

 2023: US$10.3B, Total Trade Exchange

2023: US$7.98B, International Sales

  2023: US$2.31B, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Seats whether or not Convertible into Beds, and Parts was US$10.3B.

In 2023, the states with the most international sales in Seats whether or not Convertible into Beds, and Parts were Coahuila de Zaragoza (US$1.96B), Nuevo León (US$1.59B), Chihuahua (US$1.46B), Puebla (US$677M), and Baja California (US$603M).

The states with the most international purchases in 2023 were Nuevo León (US$522M), Coahuila de Zaragoza (US$282M), Baja California (US$277M), Ciudad de México (US$272M), and Chihuahua (US$271M).

In 2023, the main commercial destinations of Seats whether or not Convertible into Beds, and Parts were United States (US$7.42B), Canada (US$461M), Brazil (US$17.1M), Argentina (US$15.7M), and Austria (US$12.8M).

The main commercial origins of Seats whether or not Convertible into Beds, and Parts in 2023 were United States (US$944M), China (US$675M), Canada (US$108M), Germany (US$102M), and South Korea (US$93.4M).

In the global context, the main exporting countries of Seats whether or not Convertible into Beds, and Parts in 2022 were China (US$35B), Mexico (US$7.93B), and Vietnam (US$6.91B). In the same year, the main importing countries of Seats whether or not Convertible into Beds, and Parts were United States (US$29.7B), Germany (US$9B), and France (US$4.44B).

Trade Balance of Mexico

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Net Trade Balance

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US$10.3B, Total Trade Exchange (2023)

In 2023, the total trade exchange of Seats whether or not Convertible into Beds, and Parts in Mexico (including international purchases and sales) was US$10.3B.

The visualizations show the net balance of Seats whether or not Convertible into Beds, and Parts 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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December, 2023

  • US$178M, International Purchases
  • US$520M, International Sales

In December 2023, international sales of Seats whether or not Convertible into Beds, and Parts were US$520M, while international purchases reached US$178M. The above results in a trade balance of US$342M.

Market Concentration

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2024-Q1: US$519M, International Sales

The visualization shows the quarterly concentration of international sales of Seats whether or not Convertible into Beds, and Parts at state level.

In the first quarter of 2024, international sales were US$519M, being the states with the most sales Coahuila de Zaragoza (US$131M), Nuevo León (US$102M), and Chihuahua (US$85M).

Exchange by Territory

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International Sales

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Coahuila de Zaragoza: US$1.96B, State with the Most International Sales (2023)

United States: US$7.42B, Main commercial destination (2023)

In 2023, the states with the highest international sales in Seats whether or not Convertible into Beds, and Parts were Coahuila de Zaragoza (US$1.96B), Nuevo León (US$1.59B), Chihuahua (US$1.46B), Puebla (US$677M), and Baja California (US$603M).

In 2023, the countries with the most international purchases from Mexico were United States (US$7.42B), Canada (US$461M), Brazil (US$17.1M), Argentina (US$15.7M), and Austria (US$12.8M).

International Purchases

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Nuevo León: US$522M, State with the Most International Purchases (2023)

United States: US$944M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Seats whether or not Convertible into Beds, and Parts were Nuevo León (US$522M), Coahuila de Zaragoza (US$282M), Baja California (US$277M), Ciudad de México (US$272M), and Chihuahua (US$271M).

The countries with the most international sales to Mexico in 2023 were United States (US$944M), China (US$675M), Canada (US$108M), Germany (US$102M), and South Korea (US$93.4M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Seats whether or not Convertible into Beds, and Parts  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Seats whether or not Convertible into Beds, and Parts. 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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  • 8.32%, Mexican share in global exports - 2022
  • 1.55%, Mexican share in global imports - 2022

The visualizations show the global market for Seats whether or not Convertible into Beds, and Parts. 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 Seats whether or not Convertible into Beds, and Parts were China (US$35B), Mexico (US$7.93B), and Vietnam (US$6.91B). In the same year, the main importing countries for Seats whether or not Convertible into Beds, and Parts were United States (US$29.7B), Germany (US$9B), and France (US$4.44B).