ProceduresGovernment

Electronic Gadgets and Devices, but Electrically Heated

Código 8419 (Harmonized System 2012 by 4 digits)

 2021: US$2.71B, Total Trade Exchange

2021: US$1.49B, International Sales

  2021: US$1.21B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Electronic Gadgets and Devices, but Electrically Heated was US$2.71B.

In 2021, the states with the most international sales in Electronic Gadgets and Devices, but Electrically Heated were Tamaulipas (US$707M), Coahuila de Zaragoza (US$220M), Nuevo León (US$154M), Baja California (US$119M), and Chihuahua (US$102M).

The states with the most international purchases in 2021 were Ciudad de México (US$297M), Tamaulipas (US$183M), Jalisco (US$119M), Coahuila de Zaragoza (US$110M), and Nuevo León (US$108M).

In 2021, the main commercial destinations of Electronic Gadgets and Devices, but Electrically Heated were United States (US$1.41B), Chile (US$16.3M), Japan (US$10.7M), Brazil (US$5.84M), and Canada (US$5.08M).

The main commercial origins of Electronic Gadgets and Devices, but Electrically Heated in 2021 were United States (US$427M), China (US$290M), Japan (US$105M), South Korea (US$90.8M), and Italy (US$63.5M).

In the global context, the main exporting countries of Electronic Gadgets and Devices, but Electrically Heated in 2020 were Germany (US$5.57B), China (US$5.24B), and Italy (US$3.91B). In the same year, the main importing countries of Electronic Gadgets and Devices, but Electrically Heated were United States (US$5.38B), China (US$2.65B), and Germany (US$2.48B).

Trade Balance of Mexico

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Net Trade Balance

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US$2.71B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Electronic Gadgets and Devices, but Electrically Heated in Mexico (including international purchases and sales) was US$2.71B.

The visualizations show the net balance of Electronic Gadgets and Devices, but Electrically Heated 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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August, 2022

  • US$220M, International Purchases
  • US$130M, International Sales

In August 2022, international sales of Electronic Gadgets and Devices, but Electrically Heated were US$130M, while international purchases reached US$220M. The above results in a trade balance of -US$90.6M.

Market Concentration

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2022-Q3: US$261M, International Sales

The visualization shows the quarterly concentration of international sales of Electronic Gadgets and Devices, but Electrically Heated at state level.

In the third quarter of 2022, international sales were US$261M, being the states with the most sales Tamaulipas (US$121M), Coahuila de Zaragoza (US$44.3M), and Nuevo León (US$28.8M).

Exchange by Territory

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International Sales

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Tamaulipas: US$707M, State with the Most International Sales (2021)

United States: US$1.41B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Electronic Gadgets and Devices, but Electrically Heated were Tamaulipas (US$707M), Coahuila de Zaragoza (US$220M), Nuevo León (US$154M), Baja California (US$119M), and Chihuahua (US$102M).

In 2021, the countries with the most international purchases from Mexico were United States (US$1.41B), Chile (US$16.3M), Japan (US$10.7M), Brazil (US$5.84M), and Canada (US$5.08M).

International Purchases

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Ciudad de México: US$297M, State with the Most International Purchases (2021)

United States: US$427M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Electronic Gadgets and Devices, but Electrically Heated were Ciudad de México (US$297M), Tamaulipas (US$183M), Jalisco (US$119M), Coahuila de Zaragoza (US$110M), and Nuevo León (US$108M).

The countries with the most international sales to Mexico in 2021 were United States (US$427M), China (US$290M), Japan (US$105M), South Korea (US$90.8M), and Italy (US$63.5M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Electronic Gadgets and Devices, but Electrically Heated  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electronic Gadgets and Devices, but Electrically Heated. 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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  • 3.12%, Mexican share in global exports - 2020
  • 2.29%, Mexican share in global imports - 2020

The visualizations show the global market for Electronic Gadgets and Devices, but Electrically Heated. 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 Electronic Gadgets and Devices, but Electrically Heated were Germany (US$5.57B), China (US$5.24B), and Italy (US$3.91B). In the same year, the main importing countries for Electronic Gadgets and Devices, but Electrically Heated were United States (US$5.38B), China (US$2.65B), and Germany (US$2.48B).