Electrical, Electronic Equipment

Code 85 (Harmonized System 2012 by 2 digits)

2020: US$140B, Total Trade Exchange

 2020: US$74.7B, International Sales

  2020: US$81.2B, International Purchases

In 2020, the trade exchange (includes international purchases and sales) of Electrical, Electronic Equipment was US$140B.

In 2020, the states with the most international sales in Electrical, Electronic Equipment were Baja California (US$17.6B), Chihuahua (US$13.1B), Tamaulipas (US$9.11B), Jalisco (US$8.65B), and Nuevo León (US$7.82B).

In the same year, the states with the most international purchases were Chihuahua (US$20.8B), Ciudad de México (US$14.5B), Baja California (US$10.8B), Jalisco (US$10.2B), and Nuevo León (US$6.89B).

In 2020, the main commercial destinations of Electrical, Electronic Equipment were United States (US$64.2B), Canada (US$1.67B), China (US$838M), Hong Kong (US$586M), and Japan (US$564M).

In the same year, the main commercial origins of Electrical, Electronic Equipment were China (US$27.1B), United States (US$17.4B), Malaysia (US$9.04B), Taiwan (US$4.09B), and South Korea (US$3.88B).

In the global context, the main exporting countries of Electrical, Electronic Equipment in 2018 were China (US$813B), South Korea (US$199B), and Taiwan (US$177B). In the same year, the main importing countries of Electrical, Electronic Equipment were United States (US$332B), China (US$284B), and Hong Kong (US$271B).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section
info-sign

US$140B, Total Trade Exchange (2020)

In 2020, the total trade exchange of Electrical, Electronic Equipment in Mexico (including international purchases and sales) was US$140B.

The visualizations show the net balance of Electrical, Electronic 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

December, 2020: US$7.95B, International Purchases

 December, 2020: US$7.99B, International Sales

In December 2020, international sales of Electrical, Electronic Equipment were US$7.99B, while international purchases reached US$7.95B. The above results in a trade balance of $ 34.9M.

Market Concentration

#permalink to section

2020-Q4: US$22.5B, International Sales

The visualization shows the quarterly concentration of international sales of Electrical, Electronic Equipment at state level.

In 2020-Q4, international sales were US$22.5B, being the states with the most sales Baja California (US$5.87B), Chihuahua (US$4.17B), and Tamaulipas (US$2.71B).

Exchange by Territory

#permalink to section

International Sales

#permalink to section
info-sign

Baja California: US$17.6B, State with the Most International Sales (2020)

United States: US$64.2B, Main commercial destination (2020)

In 2020, the states with the highest international sales in Electrical, Electronic Equipment were Baja California (US$17.6B), Chihuahua (US$13.1B), Tamaulipas (US$9.11B), Jalisco (US$8.65B), and Nuevo León (US$7.82B).

In 2020, the countries with the most international purchases from Mexico were United States (US$64.2B), Canada (US$1.67B), China (US$838M), Hong Kong (US$586M), and Japan (US$564M).

International Purchases

#permalink to section
info-sign

Chihuahua: US$20.8B, State with the Most International Purchases (2020)

China: US$27.1B, Main Commercial Origin (2020)

In 2020, the states with the highest international in Electrical, Electronic Equipment were Chihuahua (US$20.8B), Ciudad de México (US$14.5B), Baja California (US$10.8B), Jalisco (US$10.2B), and Nuevo León (US$6.89B).

The countries with the most international sales to Mexico were China (US$27.1B), United States (US$17.4B), Malaysia (US$9.04B), Taiwan (US$4.09B), and South Korea (US$3.88B).

Specialization

#permalink to section

Specialization by State

#permalink to section

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

RCA values ​​greater than 1 indicate that the state has comparative advantages in Electrical, Electronic 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

Electrical, Electronic Equipment: US$2.52T, Market Global (2018)

In 2018, the main exporting countries of Electrical, Electronic Equipment were China (US$813B), South Korea (US$199B), and Taiwan (US$177B). In the same year, the main importing countries for Electrical, Electronic Equipment were United States (US$332B), China (US$284B), and Hong Kong (US$271B).

The visualizations show the global market for Electrical, Electronic Equipment. In both graphs Mexico stands out, in order to better identify it in the export and import market.