Other Furniture and Parts

Código 9403 (Harmonized System 2012 by 4 digits)

2020: US$1.4B, International Sales

  2019: US$690M, International Purchases

In 2020, the states with the most international sales in Other Furniture and Parts were Baja California (US$437M), Tamaulipas (US$276M), Chihuahua (US$219M), Jalisco (US$79.9M), and Nuevo León (US$66.2M).

In the same year, the states with the most international purchases were Ciudad de México (US$181M), Nuevo León (US$78.4M), Chihuahua (US$72M), Baja California (US$49.9M), and Jalisco (US$41.2M).

In 2020, the main commercial destinations of Other Furniture and Parts were United States (US$1.25B), Canada (US$6.76M), Guatemala (US$3.07M), United Kingdom (US$2.23M), and Costa Rica (US$1.87M).

In the same year, the main commercial origins of Other Furniture and Parts were China (US$213M), United States (US$122M), Russia (US$26.8M), Italy (US$26.4M), and Vietnam (US$21.6M).

In the global context, the main exporting countries of Other Furniture and Parts in 2019 were China (US$26.6B), Germany (US$7.36B), and Italy (US$7.09B). In the same year, the main importing countries of Other Furniture and Parts were United States (US$24B), Germany (US$6.65B), and France (US$5.2B).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Other Furniture and Parts 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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February, 2021: US$59.3M, International Purchases

In February 2021, international sales of Other Furniture and Parts were US$0, while international purchases reached US$59.3M. The above results in a trade balance of $ -59.3M.

Market Concentration

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2020-Q4: US$342M, International Sales

The visualization shows the quarterly concentration of international sales of Other Furniture and Parts at state level.

In the fourth quarter of 2020, international sales were US$342M, being the states with the most sales Baja California (US$123M), Chihuahua (US$65.4M), and Tamaulipas (US$48M).

Exchange by Territory

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International Sales

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Baja California: US$437M, State with the Most International Sales (2020)

United States: US$1.25B, Main commercial destination (2020)

In 2020, the states with the highest international sales in Other Furniture and Parts were Baja California (US$437M), Tamaulipas (US$276M), Chihuahua (US$219M), Jalisco (US$79.9M), and Nuevo León (US$66.2M).

In 2020, the countries with the most international purchases from Mexico were United States (US$1.25B), Canada (US$6.76M), Guatemala (US$3.07M), United Kingdom (US$2.23M), and Costa Rica (US$1.87M).

International Purchases

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Ciudad de México: US$181M, State with the Most International Purchases (2020)

China: US$213M, Main Commercial Origin (2020)

In 2020, the states with the highest international in Other Furniture and Parts were Ciudad de México (US$181M), Nuevo León (US$78.4M), Chihuahua (US$72M), Baja California (US$49.9M), and Jalisco (US$41.2M).

The countries with the most international sales to Mexico were China (US$213M), United States (US$122M), Russia (US$26.8M), Italy (US$26.4M), and Vietnam (US$21.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Other Furniture and Parts  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Other Furniture and Parts. 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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  • 1.73%, Mexican share in global exports - 2019
  • 0.79%, Mexican share in global imports - 2019

The visualizations show the global market for Other Furniture and Parts. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2019, the main exporting countries of Other Furniture and Parts were China (US$26.6B), Germany (US$7.36B), and Italy (US$7.09B). In the same year, the main importing countries for Other Furniture and Parts were United States (US$24B), Germany (US$6.65B), and France (US$5.2B).