ProceduresGovernment

Electrical, Electronic Equipment

Code 85 (Harmonized System 2012 by 2 digits)

 2021: US$187B, Total Trade Exchange

2021: US$86.3B, International Sales

  2021: US$101B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Electrical, Electronic Equipment was US$187B.

In 2021, the states with the most international sales in Electrical, Electronic Equipment were Baja California (US$20.1B), Chihuahua (US$16.1B), Tamaulipas (US$11.1B), Jalisco (US$9.48B), and Nuevo León (US$9.01B).

The states with the most international purchases in 2021 were Chihuahua (US$24.2B), Ciudad de México (US$16.7B), Jalisco (US$14.3B), Baja California (US$12.9B), and Nuevo León (US$8.44B).

In 2021, the main commercial destinations of Electrical, Electronic Equipment were United States (US$75.2B), Canada (US$1.83B), China (US$838M), Netherlands (US$767M), and Brazil (US$493M).

The main commercial origins of Electrical, Electronic Equipment in 2021 were China (US$35.3B), United States (US$20.9B), Malaysia (US$10.1B), Taiwan (US$5.51B), and South Korea (US$4.61B).

In the global context, the main exporting countries of Electrical, Electronic Equipment in 2020 were China (US$813B), South Korea (US$176B), and United States (US$143B). In the same year, the main importing countries of Electrical, Electronic Equipment were United States (US$341B), Hong Kong (US$307B), and China (US$294B).

Trade Balance of Mexico

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Net Trade Balance

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US$187B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Electrical, Electronic Equipment in Mexico (including international purchases and sales) was US$187B.

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

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June, 2022

  • US$8.32B, International Sales
  • US$9.87B, International Purchases

In June 2022, international sales of Electrical, Electronic Equipment were US$8.32B and a total of US$9.87B in international purchases. For this month the net trade balance of Electrical, Electronic Equipment it was of -US$1.55B.

Market Concentration

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2022-Q2: US$23.7B, International Sales

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

In the second quarter of 2022, international sales were US$23.7B, being the states with the most sales Chihuahua (US$4.94B), Baja California (US$4.65B), and Nuevo León (US$2.79B).

Exchange by Territory

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International Sales

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Baja California: US$20.1B, State with the Most International Sales (2021)

United States: US$75.2B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Electrical, Electronic Equipment were Baja California (US$20.1B), Chihuahua (US$16.1B), Tamaulipas (US$11.1B), Jalisco (US$9.48B), and Nuevo León (US$9.01B).

In 2021, the countries with the most international purchases from Mexico were United States (US$75.2B), Canada (US$1.83B), China (US$838M), Netherlands (US$767M), and Brazil (US$493M).

International Purchases

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Chihuahua: US$24.2B, State with the Most International Purchases (2021)

China: US$35.3B, Main Commercial Origin (2021)

In 2021, the states with the highest international in Electrical, Electronic Equipment were Chihuahua (US$24.2B), Ciudad de México (US$16.7B), Jalisco (US$14.3B), Baja California (US$12.9B), and Nuevo León (US$8.44B).

The countries with the most international sales to Mexico in 2021 were China (US$35.3B), United States (US$20.9B), Malaysia (US$10.1B), Taiwan (US$5.51B), and South Korea (US$4.61B).

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, 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

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  • 3.21%, Mexican share in global exports - 2020
  • 3.1%, Mexican share in global imports - 2020

The visualizations show the global market for Electrical, Electronic 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, Electronic Equipment were China (US$813B), South Korea (US$176B), and United States (US$143B). In the same year, the main importing countries for Electrical, Electronic Equipment were United States (US$341B), Hong Kong (US$307B), and China (US$294B).