ProceduresGovernment

Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm

Código 540490 (Harmonized System 2012 by 6 digits)

 2023: US$16.6M, Total Trade Exchange

2023: US$2.29M, International Sales

  2023: US$14.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm was US$16.6M.

In 2023, the states with the most international sales in Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were Jalisco (US$4.93k).

The states with the most international purchases in 2023 were Estado de México (US$12.4M), Nuevo León (US$541k), Jalisco (US$478k), Ciudad de México (US$212k), and Baja California (US$15.8k).

In 2023, the main commercial destinations of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were Costa Rica (US$2.73k), United States (US$1.58k), El Salvador (US$417), Honduras (US$111), and Guatemala (US$88).

The main commercial origins of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm in 2023 were United States (US$7.16M), Ireland (US$6.05M), Portugal (US$124k), Denmark (US$110k), and Saudi Arabia (US$96k).

In the global context, the main exporting countries of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm in 2022 were China (US$143M), Germany (US$107M), and United Arab Emirates (US$87M). In the same year, the main importing countries of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were United States (US$221M), Belgium (US$45.5M), and Netherlands (US$42.2M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$16.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm in Mexico (including international purchases and sales) was US$16.6M.

The visualizations show the net balance of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm 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 section

July, 2024

  • US$599k, International Purchases
  • US$120k, International Sales

In July 2024, international sales of Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were US$120k, while international purchases reached US$599k. The above results in a trade balance of -US$479k.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Jalisco: US$4.93k, State with the Most International Sales (2023)

Costa Rica: US$2.73k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were Jalisco (US$4.93k).

In 2023, the countries with the most international purchases from Mexico were Costa Rica (US$2.73k), United States (US$1.58k), El Salvador (US$417), Honduras (US$111), and Guatemala (US$88).

International Purchases

#permalink to section

Estado de México: US$12.4M, State with the Most International Purchases (2023)

United States: US$7.16M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were Estado de México (US$12.4M), Nuevo León (US$541k), Jalisco (US$478k), Ciudad de México (US$212k), and Baja California (US$15.8k).

The countries with the most international sales to Mexico in 2023 were United States (US$7.16M), Ireland (US$6.05M), Portugal (US$124k), Denmark (US$110k), and Saudi Arabia (US$96k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm. 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

#permalink to section

  • 0.091%, Mexican share in global exports - 2022
  • 3.26%, Mexican share in global imports - 2022

The visualizations show the global market for Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm. 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 Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were China (US$143M), Germany (US$107M), and United Arab Emirates (US$87M). In the same year, the main importing countries for Artificial Straw, Strip and Simil., Synthetic Textile of an Apparent Width <= 5 Mm were United States (US$221M), Belgium (US$45.5M), and Netherlands (US$42.2M).