Código 910211 (Harmonized System 2012 by 6 digits)
2023: US$100M, Total Trade Exchange
2023: US$4.16M, International Sales
2023: US$96M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") was US$100M.
In 2023, the states with the most international sales in Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Nuevo León (US$2.46M), Ciudad de México (US$1.36M), Estado de México (US$236k), and Quintana Roo (US$30.7k).
The states with the most international purchases in 2023 were Ciudad de México (US$54.3M), Nuevo León (US$16.9M), Estado de México (US$14.6M), Sinaloa (US$3.64M), and Tamaulipas (US$2.71M).
In 2023, the main commercial destinations of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were United States (US$2.76M), Switzerland (US$179k), Ireland (US$52.1k), Nicaragua (US$42.1k), and El Salvador (US$38.5k).
The main commercial origins of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in 2023 were China (US$40.6M), Switzerland (US$34.3M), Japan (US$14.2M), Philippines (US$3.98M), and Thailand (US$1.88M).
In the global context, the main exporting countries of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in 2022 were Switzerland (US$2.64B), China (US$2.17B), and Japan (US$653M). In the same year, the main importing countries of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were United States (US$1B), Hong Kong (US$892M), and Germany (US$584M).
US$100M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") in Mexico (including international purchases and sales) was US$100M.
The visualizations show the net balance of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") 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.
November, 2024
In November 2024, international sales of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were US$146k, while international purchases reached US$9.67M. The above results in a trade balance of -US$9.53M.
2024-Q4: US$295k, International Sales
The visualization shows the quarterly concentration of international sales of Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") at state level.
In the fourth quarter of 2024, international sales were US$295k, being the states with the most sales Ciudad de México (US$259k), Baja California (US$20.1k), and Estado de México (US$15.7k).
Nuevo León: US$2.46M, State with the Most International Sales (2023)
United States: US$2.76M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Nuevo León (US$2.46M), Ciudad de México (US$1.36M), Estado de México (US$236k), and Quintana Roo (US$30.7k).
In 2023, the countries with the most international purchases from Mexico were United States (US$2.76M), Switzerland (US$179k), Ireland (US$52.1k), Nicaragua (US$42.1k), and El Salvador (US$38.5k).
Ciudad de México: US$54.3M, State with the Most International Purchases (2023)
China: US$40.6M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Ciudad de México (US$54.3M), Nuevo León (US$16.9M), Estado de México (US$14.6M), Sinaloa (US$3.64M), and Tamaulipas (US$2.71M).
The countries with the most international sales to Mexico in 2023 were China (US$40.6M), Switzerland (US$34.3M), Japan (US$14.2M), Philippines (US$3.98M), and Thailand (US$1.88M).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué"). 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 Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué"). 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 Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were Switzerland (US$2.64B), China (US$2.17B), and Japan (US$653M). In the same year, the main importing countries for Wristwatches, Electric, Incl. with Built-In Timer with Mechanical Display only (Excl. of Precious Metal or Clad with Precious Metal "Plaqué") were United States (US$1B), Hong Kong (US$892M), and Germany (US$584M).