Articles of Wood, N.E.C
Código 442190 (Harmonized System 2012 by 6 digits)
2023: US$174M, Total Trade Exchange
2023: US$121M, International Sales
2023: US$53M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Articles of Wood, N.E.C was US$174M.
In 2023, the states with the most international sales in Articles of Wood, N.E.C were Baja California (US$36.9M), Tamaulipas (US$24.3M), Guanajuato (US$22.7M), Nuevo León (US$13.1M), and Sonora (US$10.1M).
The states with the most international purchases in 2023 were Nuevo León (US$14.7M), Baja California (US$9.15M), Ciudad de México (US$8.43M), Yucatán (US$6.15M), and Jalisco (US$3.34M).
In 2023, the main commercial destinations of Articles of Wood, N.E.C were United States (US$120M), Panama (US$268k), China (US$109k), Guatemala (US$86.8k), and Canada (US$82.2k).
The main commercial origins of Articles of Wood, N.E.C in 2023 were United States (US$20.7M), China (US$13.8M), Russia (US$6.13M), Romania (US$1.52M), and Spain (US$1.36M).
In the global context, the main exporting countries of Articles of Wood, N.E.C in 2022 were China (US$3.43B), Poland (US$644M), and Germany (US$520M). In the same year, the main importing countries of Articles of Wood, N.E.C were United States (US$1.97B), Germany (US$964M), and Japan (US$578M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$174M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Articles of Wood, N.E.C in Mexico (including international purchases and sales) was US$174M.
The visualizations show the net balance of Articles of Wood, N.E.C 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 sectionNovember, 2024
- US$5.92M, International Purchases
- US$10.2M, International Sales
In November 2024, international sales of Articles of Wood, N.E.C were US$10.2M, while international purchases reached US$5.92M. The above results in a trade balance of US$4.27M.
Market Concentration
#permalink to section2024-Q4: US$18.3M, International Sales
The visualization shows the quarterly concentration of international sales of Articles of Wood, N.E.C at state level.
In the fourth quarter of 2024, international sales were US$18.3M, being the states with the most sales Baja California (US$4.66M), Tamaulipas (US$3.85M), and Guanajuato (US$3.85M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$36.9M, State with the Most International Sales (2023)
United States: US$120M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Articles of Wood, N.E.C were Baja California (US$36.9M), Tamaulipas (US$24.3M), Guanajuato (US$22.7M), Nuevo León (US$13.1M), and Sonora (US$10.1M).
In 2023, the countries with the most international purchases from Mexico were United States (US$120M), Panama (US$268k), China (US$109k), Guatemala (US$86.8k), and Canada (US$82.2k).
International Purchases
#permalink to sectionNuevo León: US$14.7M, State with the Most International Purchases (2023)
United States: US$20.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Articles of Wood, N.E.C were Nuevo León (US$14.7M), Baja California (US$9.15M), Ciudad de México (US$8.43M), Yucatán (US$6.15M), and Jalisco (US$3.34M).
The countries with the most international sales to Mexico in 2023 were United States (US$20.7M), China (US$13.8M), Russia (US$6.13M), Romania (US$1.52M), and Spain (US$1.36M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Articles of Wood, N.E.C and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Articles of Wood, N.E.C. 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- 2.29%, Mexican share in global exports - 2022
- 0.83%, Mexican share in global imports - 2022
The visualizations show the global market for Articles of Wood, N.E.C. 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 Articles of Wood, N.E.C were China (US$3.43B), Poland (US$644M), and Germany (US$520M). In the same year, the main importing countries for Articles of Wood, N.E.C were United States (US$1.97B), Germany (US$964M), and Japan (US$578M).