Animal Hides
Code 8 (Harmonized System 2012 by Sector)
2023: US$2.68B, Total Trade Exchange
2023: US$864M, International Sales
2023: US$1.82B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Animal Hides was US$2.68B.
In 2023, the states with the most international sales in Animal Hides were Guanajuato (US$296M), Baja California (US$198M), Tamaulipas (US$51.6M), San Luis Potosí (US$49.2M), and Aguascalientes (US$42.5M).
The states with the most international purchases in 2023 were Ciudad de México (US$501M), Guanajuato (US$300M), Baja California (US$216M), Chihuahua (US$177M), and Estado de México (US$125M).
In 2023, the main commercial destinations of Animal Hides were United States (US$630M), China (US$41.2M), Vietnam (US$20.4M), Croatia (US$13.8M), and Hungary (US$9.77M).
The main commercial origins of Animal Hides in 2023 were China (US$596M), United States (US$273M), Italy (US$216M), Brazil (US$210M), and Vietnam (US$62M).
In the global context, the main exporting countries of Animal Hides in 2022 were China (US$35.4B), Italy (US$16.5B), and France (US$12.8B). In the same year, the main importing countries of Animal Hides were United States (US$18.2B), China (US$7.95B), and Italy (US$6.8B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$2.68B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Animal Hides in Mexico (including international purchases and sales) was US$2.68B.
The visualizations show the net balance of Animal Hides 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 sectionJuly, 2024
- US$69.8M, International Sales
- US$174M, International Purchases
In July 2024, international sales of Animal Hides were US$69.8M and a total of US$174M in international purchases. For this month the net trade balance of Animal Hides it was of -US$104M.
Market Concentration
#permalink to section2024-Q3: US$64.9M, International Sales
The visualization shows the quarterly concentration of international sales of Animal Hides at state level.
In the third quarter of 2024, international sales were US$64.9M, being the states with the most sales Baja California (US$20.7M), Guanajuato (US$19.2M), and San Luis Potosí (US$5.09M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$296M, State with the Most International Sales (2023)
United States: US$630M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Animal Hides were Guanajuato (US$296M), Baja California (US$198M), Tamaulipas (US$51.6M), San Luis Potosí (US$49.2M), and Aguascalientes (US$42.5M).
In 2023, the countries with the most international purchases from Mexico were United States (US$630M), China (US$41.2M), Vietnam (US$20.4M), Croatia (US$13.8M), and Hungary (US$9.77M).
International Purchases
#permalink to sectionCiudad de México: US$501M, State with the Most International Purchases (2023)
China: US$596M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Animal Hides were Ciudad de México (US$501M), Guanajuato (US$300M), Baja California (US$216M), Chihuahua (US$177M), and Estado de México (US$125M).
The countries with the most international sales to Mexico in 2023 were China (US$596M), United States (US$273M), Italy (US$216M), Brazil (US$210M), and Vietnam (US$62M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Animal Hides and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Animal Hides. 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 section- 0.7%, Mexican share in global exports - 2022
- 1.52%, Mexican share in global imports - 2022
The visualizations show the global market for Animal Hides. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Animal Hides were China (US$35.4B), Italy (US$16.5B), and France (US$12.8B). In the same year, the main importing countries for Animal Hides were United States (US$18.2B), China (US$7.95B), and Italy (US$6.8B).