Electrical Equipment for Sound Amplification

Código 8518 (Harmonized System 2012 by 4 digits)

 2021: US$3.37B, Total Trade Exchange

2021: US$1.75B, International Sales

  2021: US$1.62B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Electrical Equipment for Sound Amplification was US$3.37B.

In 2021, the states with the most international sales in Electrical Equipment for Sound Amplification were Baja California (US$562M), Chihuahua (US$528M), Sonora (US$235M), Jalisco (US$225M), and Tamaulipas (US$112M).

The states with the most international purchases in 2021 were Ciudad de México (US$480M), Baja California (US$303M), Jalisco (US$206M), Chihuahua (US$186M), and Tamaulipas (US$109M).

In 2021, the main commercial destinations of Electrical Equipment for Sound Amplification were United States (US$1.44B), China (US$60.8M), Belgium (US$39.2M), Germany (US$37.3M), and Canada (US$27.8M).

The main commercial origins of Electrical Equipment for Sound Amplification in 2021 were China (US$911M), United States (US$262M), Vietnam (US$223M), Malaysia (US$60.3M), and Taiwan (US$31.3M).

In the global context, the main exporting countries of Electrical Equipment for Sound Amplification in 2020 were China (US$22.7B), Vietnam (US$3.46B), and Germany (US$2.07B). In the same year, the main importing countries of Electrical Equipment for Sound Amplification were United States (US$7.05B), Germany (US$3.42B), and Hong Kong (US$3.05B).

Trade Balance of Mexico

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Net Trade Balance

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US$3.37B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Electrical Equipment for Sound Amplification in Mexico (including international purchases and sales) was US$3.37B.

The visualizations show the net balance of Electrical Equipment for Sound Amplification 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, 2021

  • US$149M, International Purchases
  • US$181M, International Sales

In December 2021, international sales of Electrical Equipment for Sound Amplification were US$181M, while international purchases reached US$149M. The above results in a trade balance of US$32.1M.

Market Concentration

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2021-Q4: US$438M, International Sales

The visualization shows the quarterly concentration of international sales of Electrical Equipment for Sound Amplification at state level.

In the fourth quarter of 2021, international sales were US$438M, being the states with the most sales Baja California (US$153M), Chihuahua (US$130M), and Sonora (US$63.1M).

Exchange by Territory

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International Sales

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Baja California: US$562M, State with the Most International Sales (2021)

United States: US$1.44B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Electrical Equipment for Sound Amplification were Baja California (US$562M), Chihuahua (US$528M), Sonora (US$235M), Jalisco (US$225M), and Tamaulipas (US$112M).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.44B), China (US$60.8M), Belgium (US$39.2M), Germany (US$37.3M), and Canada (US$27.8M).

International Purchases

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Ciudad de México: US$480M, State with the Most International Purchases (2021)

China: US$911M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Electrical Equipment for Sound Amplification were Ciudad de México (US$480M), Baja California (US$303M), Jalisco (US$206M), Chihuahua (US$186M), and Tamaulipas (US$109M).

The countries with the most international sales to Mexico in 2021 were China (US$911M), United States (US$262M), Vietnam (US$223M), Malaysia (US$60.3M), and Taiwan (US$31.3M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electrical Equipment for Sound Amplification  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Equipment for Sound Amplification. 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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  • 3.84%, Mexican share in global exports - 2020
  • 2.85%, Mexican share in global imports - 2020

The visualizations show the global market for Electrical Equipment for Sound Amplification. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Electrical Equipment for Sound Amplification were China (US$22.7B), Vietnam (US$3.46B), and Germany (US$2.07B). In the same year, the main importing countries for Electrical Equipment for Sound Amplification were United States (US$7.05B), Germany (US$3.42B), and Hong Kong (US$3.05B).