Optical, Photo, Technical, Medical, etc Apparatus
Code 90 (Harmonized System 2012 by 2 digits)
2020: US$34.3B, Total Trade Exchange
2020: US$18.6B, International Sales
2020: US$13B, International Purchases
In 2020, the trade exchange (includes international purchases and sales) of Optical, Photo, Technical, Medical, etc Apparatus was US$34.3B.
In 2020, the states with the most international sales in Optical, Photo, Technical, Medical, etc Apparatus were Chihuahua (US$5.33B), Baja California (US$5.19B), Tamaulipas (US$2.79B), Jalisco (US$1.64B), and Sonora (US$953M).
In the same year, the states with the most international purchases were Baja California (US$4.95B), Chihuahua (US$2.14B), Tamaulipas (US$1.99B), Jalisco (US$954M), and Nuevo León (US$794M).
In 2020, the main commercial destinations of Optical, Photo, Technical, Medical, etc Apparatus were United States (US$17B), China (US$222M), Ireland (US$192M), Germany (US$145M), and France (US$131M).
In the same year, the main commercial origins of Optical, Photo, Technical, Medical, etc Apparatus were China (US$4.42B), United States (US$4.33B), Vietnam (US$732M), Taiwan (US$613M), and Japan (US$445M).
In the global context, the main exporting countries of Optical, Photo, Technical, Medical, etc Apparatus in 2018 were United States (US$83.2B), Germany (US$74.3B), and China (US$70.5B). In the same year, the main importing countries of Optical, Photo, Technical, Medical, etc Apparatus were United States (US$89.1B), China (US$79.8B), and Germany (US$42B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$34.3B, Total Trade Exchange (2020)
In 2020, the total trade exchange of Optical, Photo, Technical, Medical, etc Apparatus in Mexico (including international purchases and sales) was US$34.3B.
The visualizations show the net balance of Optical, Photo, Technical, Medical, etc Apparatus 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 sectionDecember, 2020: US$1.55B, International Purchases
December, 2020: US$1.89B, International Sales
In December 2020, international sales of Optical, Photo, Technical, Medical, etc Apparatus were US$1.89B, while international purchases reached US$1.55B. The above results in a trade balance of $ 336M.
Market Concentration
#permalink to section2020-Q4: US$5.16B, International Sales
The visualization shows the quarterly concentration of international sales of Optical, Photo, Technical, Medical, etc Apparatus at state level.
In 2020-Q4, international sales were US$5.16B, being the states with the most sales Baja California (US$1.53B), Chihuahua (US$1.49B), and Tamaulipas (US$790M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$5.33B, State with the Most International Sales (2020)
United States: US$17B, Main commercial destination (2020)
In 2020, the states with the highest international sales in Optical, Photo, Technical, Medical, etc Apparatus were Chihuahua (US$5.33B), Baja California (US$5.19B), Tamaulipas (US$2.79B), Jalisco (US$1.64B), and Sonora (US$953M).
In 2020, the countries with the most international purchases from Mexico were United States (US$17B), China (US$222M), Ireland (US$192M), Germany (US$145M), and France (US$131M).
International Purchases
#permalink to sectionBaja California: US$4.95B, State with the Most International Purchases (2020)
China: US$4.42B, Main Commercial Origin (2020)
In 2020, the states with the highest international in Optical, Photo, Technical, Medical, etc Apparatus were Baja California (US$4.95B), Chihuahua (US$2.14B), Tamaulipas (US$1.99B), Jalisco (US$954M), and Nuevo León (US$794M).
The countries with the most international sales to Mexico were China (US$4.42B), United States (US$4.33B), Vietnam (US$732M), Taiwan (US$613M), and Japan (US$445M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Optical, Photo, Technical, Medical, etc Apparatus and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Optical, Photo, Technical, Medical, etc Apparatus. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to sectionOptical, Photo, Technical, Medical, etc Apparatus: US$577B, Market Global (2018)
In 2018, the main exporting countries of Optical, Photo, Technical, Medical, etc Apparatus were United States (US$83.2B), Germany (US$74.3B), and China (US$70.5B). In the same year, the main importing countries for Optical, Photo, Technical, Medical, etc Apparatus were United States (US$89.1B), China (US$79.8B), and Germany (US$42B).
The visualizations show the global market for Optical, Photo, Technical, Medical, etc Apparatus. In both graphs Mexico stands out, in order to better identify it in the export and import market.