ProceduresGovernment

Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather

Código 4203 (Harmonized System 2012 by 4 digits)

 2023: US$112M, Total Trade Exchange

2023: US$44.4M, International Sales

  2023: US$67.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather was US$112M.

In 2023, the states with the most international sales in Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were Guanajuato (US$25.7M), Ciudad de México (US$4.95M), Nuevo León (US$4.14M), Baja California (US$2.78M), and Jalisco (US$2.52M).

The states with the most international purchases in 2023 were Ciudad de México (US$34.5M), Nuevo León (US$8.92M), Estado de México (US$7.21M), Baja California (US$3.42M), and Guanajuato (US$3.11M).

In 2023, the main commercial destinations of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were United States (US$35.4M), Italy (US$1.97M), Germany (US$646k), Japan (US$603k), and El Salvador (US$459k).

The main commercial origins of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather in 2023 were China (US$17.7M), Italy (US$13.7M), India (US$12.4M), Spain (US$6.67M), and Pakistan (US$4.98M).

In the global context, the main exporting countries of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather in 2022 were China (US$1.33B), Italy (US$1.32B), and India (US$921M). In the same year, the main importing countries of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were United States (US$1.69B), Germany (US$643M), and France (US$502M).

Trade Balance of Mexico

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Net Trade Balance

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US$112M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather in Mexico (including international purchases and sales) was US$112M.

The visualizations show the net balance of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather 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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July, 2024

  • US$5.62M, International Purchases
  • US$4.17M, International Sales

In July 2024, international sales of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were US$4.17M, while international purchases reached US$5.62M. The above results in a trade balance of -US$1.45M.

Market Concentration

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2024-Q3: US$3.92M, International Sales

The visualization shows the quarterly concentration of international sales of Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather at state level.

In the third quarter of 2024, international sales were US$3.92M, being the states with the most sales Guanajuato (US$2.5M), Nuevo León (US$435k), and Ciudad de México (US$351k).

Exchange by Territory

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International Sales

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Guanajuato: US$25.7M, State with the Most International Sales (2023)

United States: US$35.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were Guanajuato (US$25.7M), Ciudad de México (US$4.95M), Nuevo León (US$4.14M), Baja California (US$2.78M), and Jalisco (US$2.52M).

In 2023, the countries with the most international purchases from Mexico were United States (US$35.4M), Italy (US$1.97M), Germany (US$646k), Japan (US$603k), and El Salvador (US$459k).

International Purchases

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Ciudad de México: US$34.5M, State with the Most International Purchases (2023)

China: US$17.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were Ciudad de México (US$34.5M), Nuevo León (US$8.92M), Estado de México (US$7.21M), Baja California (US$3.42M), and Guanajuato (US$3.11M).

The countries with the most international sales to Mexico in 2023 were China (US$17.7M), Italy (US$13.7M), India (US$12.4M), Spain (US$6.67M), and Pakistan (US$4.98M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather. 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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  • 0.73%, Mexican share in global exports - 2022
  • 0.75%, Mexican share in global imports - 2022

The visualizations show the global market for Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather. 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 Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were China (US$1.33B), Italy (US$1.32B), and India (US$921M). In the same year, the main importing countries for Apparel and Accessories (Accessories) Dressing of Leather or of Composition Leather were United States (US$1.69B), Germany (US$643M), and France (US$502M).