United States: US$1.35M, Main commercial destination (2024)
In 2024, the countries with the most international purchases from Mexico were United States (US$1.35M), Guatemala (US$244k), Colombia (US$77.6k), Belize (US$61k), and Panama (US$50.2k).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sound Recording Apparatus; Sound Reproducing Apparatus; Apparatus for Recording and Reproducing Sound and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sound Recording Apparatus; Sound Reproducing Apparatus; Apparatus for Recording and Reproducing Sound. 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 Sound Recording Apparatus; Sound Reproducing Apparatus; Apparatus for Recording and Reproducing Sound. 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 Sound Recording Apparatus; Sound Reproducing Apparatus; Apparatus for Recording and Reproducing Sound were China (US$2.27B), Vietnam (US$295M), and Netherlands (US$224M). In the same year, the main importing countries for Sound Recording Apparatus; Sound Reproducing Apparatus; Apparatus for Recording and Reproducing Sound were United States (US$1.16B), Germany (US$456M), and United Kingdom (US$315M).