Electrical Lighting or Signaling Equipment

Código 8512 (Harmonized System 2012 by 4 digits)

 2021: US$5.09B, Total Trade Exchange

2021: US$3.24B, International Sales

  2021: US$1.85B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Electrical Lighting or Signaling Equipment was US$5.09B.

In 2021, the states with the most international sales in Electrical Lighting or Signaling Equipment were San Luis Potosí (US$769M), Chihuahua (US$741M), Jalisco (US$687M), Tamaulipas (US$316M), and Nuevo León (US$250M).

The states with the most international purchases in 2021 were Ciudad de México (US$496M), Chihuahua (US$235M), Jalisco (US$232M), Nuevo León (US$211M), and San Luis Potosí (US$145M).

In 2021, the main commercial destinations of Electrical Lighting or Signaling Equipment were United States (US$2.91B), China (US$88.1M), Brazil (US$81.5M), Canada (US$71M), and Germany (US$28.6M).

The main commercial origins of Electrical Lighting or Signaling Equipment in 2021 were United States (US$571M), China (US$404M), Germany (US$127M), Japan (US$107M), and South Korea (US$102M).

In the global context, the main exporting countries of Electrical Lighting or Signaling Equipment in 2020 were China (US$3.71B), Germany (US$3.56B), and Mexico (US$2.87B). In the same year, the main importing countries of Electrical Lighting or Signaling Equipment were United States (US$5.57B), Germany (US$3.97B), and China (US$2.6B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section
info-sign

US$5.09B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Electrical Lighting or Signaling Equipment in Mexico (including international purchases and sales) was US$5.09B.

The visualizations show the net balance of Electrical Lighting or Signaling Equipment 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

#permalink to section
info-sign

December, 2021

  • US$151M, International Purchases
  • US$293M, International Sales

In December 2021, international sales of Electrical Lighting or Signaling Equipment were US$293M, while international purchases reached US$151M. The above results in a trade balance of US$142M.

Market Concentration

#permalink to section

2021-Q4: US$827M, International Sales

The visualization shows the quarterly concentration of international sales of Electrical Lighting or Signaling Equipment at state level.

In the fourth quarter of 2021, international sales were US$827M, being the states with the most sales San Luis Potosí (US$200M), Jalisco (US$171M), and Chihuahua (US$171M).

Exchange by Territory

#permalink to section

International Sales

#permalink to section
info-sign

San Luis Potosí: US$769M, State with the Most International Sales (2021)

United States: US$2.91B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Electrical Lighting or Signaling Equipment were San Luis Potosí (US$769M), Chihuahua (US$741M), Jalisco (US$687M), Tamaulipas (US$316M), and Nuevo León (US$250M).

In 2021, the countries with the most international purchases from Mexico were United States (US$2.91B), China (US$88.1M), Brazil (US$81.5M), Canada (US$71M), and Germany (US$28.6M).

International Purchases

#permalink to section
info-sign

Ciudad de México: US$496M, State with the Most International Purchases (2021)

United States: US$571M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Electrical Lighting or Signaling Equipment were Ciudad de México (US$496M), Chihuahua (US$235M), Jalisco (US$232M), Nuevo León (US$211M), and San Luis Potosí (US$145M).

The countries with the most international sales to Mexico in 2021 were United States (US$571M), China (US$404M), Germany (US$127M), Japan (US$107M), and South Korea (US$102M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electrical Lighting or Signaling Equipment  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical Lighting or Signaling Equipment. 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

#permalink to section

  • 10.3%, Mexican share in global exports - 2020
  • 4.45%, Mexican share in global imports - 2020

The visualizations show the global market for Electrical Lighting or Signaling Equipment. 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 Lighting or Signaling Equipment were China (US$3.71B), Germany (US$3.56B), and Mexico (US$2.87B). In the same year, the main importing countries for Electrical Lighting or Signaling Equipment were United States (US$5.57B), Germany (US$3.97B), and China (US$2.6B).