Power Transformers, Static Converters and Inductors

Código 8504 (Harmonized System 2012 by 4 digits)

 2021: US$8.21B, Total Trade Exchange

2021: US$3.62B, International Sales

  2021: US$4.59B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Power Transformers, Static Converters and Inductors was US$8.21B.

In 2021, the states with the most international sales in Power Transformers, Static Converters and Inductors were Nuevo León (US$1.11B), Baja California (US$525M), Tamaulipas (US$490M), Jalisco (US$482M), and Chihuahua (US$323M).

The states with the most international purchases in 2021 were Baja California (US$937M), Chihuahua (US$861M), Jalisco (US$660M), Ciudad de México (US$640M), and Nuevo León (US$434M).

In 2021, the main commercial destinations of Power Transformers, Static Converters and Inductors were United States (US$3.39B), Canada (US$62.1M), Hong Kong (US$16.6M), China (US$16.1M), and Netherlands (US$16M).

The main commercial origins of Power Transformers, Static Converters and Inductors in 2021 were China (US$2.32B), United States (US$765M), Thailand (US$248M), Japan (US$229M), and Philippines (US$150M).

In the global context, the main exporting countries of Power Transformers, Static Converters and Inductors in 2020 were China (US$35.8B), Germany (US$9.29B), and Japan (US$5.39B). In the same year, the main importing countries of Power Transformers, Static Converters and Inductors were United States (US$16.2B), Germany (US$8.27B), and Hong Kong (US$7.86B).

Trade Balance of Mexico

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Net Trade Balance

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US$8.21B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Power Transformers, Static Converters and Inductors in Mexico (including international purchases and sales) was US$8.21B.

The visualizations show the net balance of Power Transformers, Static Converters and Inductors 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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December, 2021

  • US$455M, International Purchases
  • US$338M, International Sales

In December 2021, international sales of Power Transformers, Static Converters and Inductors were US$338M, while international purchases reached US$455M. The above results in a trade balance of -US$116M.

Market Concentration

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2021-Q4: US$976M, International Sales

The visualization shows the quarterly concentration of international sales of Power Transformers, Static Converters and Inductors at state level.

In the fourth quarter of 2021, international sales were US$976M, being the states with the most sales Nuevo León (US$305M), Baja California (US$147M), and Jalisco (US$144M).

Exchange by Territory

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International Sales

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Nuevo León: US$1.11B, State with the Most International Sales (2021)

United States: US$3.39B, Main commercial destination (2021)

In 2021, the states with the highest international sales in Power Transformers, Static Converters and Inductors were Nuevo León (US$1.11B), Baja California (US$525M), Tamaulipas (US$490M), Jalisco (US$482M), and Chihuahua (US$323M).

In 2021, the countries with the most international purchases from Mexico were United States (US$3.39B), Canada (US$62.1M), Hong Kong (US$16.6M), China (US$16.1M), and Netherlands (US$16M).

International Purchases

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Baja California: US$937M, State with the Most International Purchases (2021)

China: US$2.32B, Main Commercial Origin (2021)

In 2021, the states with the highest international in Power Transformers, Static Converters and Inductors were Baja California (US$937M), Chihuahua (US$861M), Jalisco (US$660M), Ciudad de México (US$640M), and Nuevo León (US$434M).

The countries with the most international sales to Mexico in 2021 were China (US$2.32B), United States (US$765M), Thailand (US$248M), Japan (US$229M), and Philippines (US$150M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Power Transformers, Static Converters and Inductors  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Power Transformers, Static Converters and Inductors. 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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  • 3.25%, Mexican share in global exports - 2020
  • 3.67%, Mexican share in global imports - 2020

The visualizations show the global market for Power Transformers, Static Converters and Inductors. 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 Power Transformers, Static Converters and Inductors were China (US$35.8B), Germany (US$9.29B), and Japan (US$5.39B). In the same year, the main importing countries for Power Transformers, Static Converters and Inductors were United States (US$16.2B), Germany (US$8.27B), and Hong Kong (US$7.86B).