ProceduresGovernment

Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats)

Código 611190 (Harmonized System 2012 by 6 digits)

 2023: US$904k, Total Trade Exchange

2023: US$208k, International Sales

  2023: US$696k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) was US$904k.

In 2023, the states with the most international sales in Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were Baja California (US$99.9k) and Ciudad de México (US$60.4k).

The states with the most international purchases in 2023 were Ciudad de México (US$452k), Baja California (US$146k), Nuevo León (US$27.7k), and Guanajuato (US$8.46k).

In 2023, the main commercial destinations of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were United States (US$99.9k), Costa Rica (US$31.2k), Nicaragua (US$14.1k), Brazil (US$7.07k), and Guatemala (US$5.02k).

The main commercial origins of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) in 2023 were China (US$269k), Spain (US$56.3k), Pakistan (US$45.5k), Italy (US$41k), and Bangladesh (US$38.3k).

In the global context, the main exporting countries of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) in 2022 were China (US$247M), India (US$88.7M), and United Arab Emirates (US$24.1M). In the same year, the main importing countries of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were Nigeria (US$131M), United States (US$74.2M), and Germany (US$35.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$904k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) in Mexico (including international purchases and sales) was US$904k.

The visualizations show the net balance of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) 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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November, 2024

  • US$153k, International Purchases
  • US$32.5k, International Sales

In November 2024, international sales of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were US$32.5k, while international purchases reached US$153k. The above results in a trade balance of -US$120k.

Market Concentration

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2024-Q4: US$57.3k, International Sales

The visualization shows the quarterly concentration of international sales of Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) at state level.

In the fourth quarter of 2024, international sales were US$57.3k, being the states with the most sales Baja California (US$55.4k) and Ciudad de México (US$1.94k).

Exchange by Territory

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International Sales

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Baja California: US$99.9k, State with the Most International Sales (2023)

United States: US$99.9k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were Baja California (US$99.9k) and Ciudad de México (US$60.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$99.9k), Costa Rica (US$31.2k), Nicaragua (US$14.1k), Brazil (US$7.07k), and Guatemala (US$5.02k).

International Purchases

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Ciudad de México: US$452k, State with the Most International Purchases (2023)

China: US$269k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were Ciudad de México (US$452k), Baja California (US$146k), Nuevo León (US$27.7k), and Guanajuato (US$8.46k).

The countries with the most international sales to Mexico in 2023 were China (US$269k), Spain (US$56.3k), Pakistan (US$45.5k), Italy (US$41k), and Bangladesh (US$38.3k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats). 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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  • 0.014%, Mexican share in global exports - 2022
  • 0.33%, Mexican share in global imports - 2022

The visualizations show the global market for Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats). 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 Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were China (US$247M), India (US$88.7M), and United Arab Emirates (US$24.1M). In the same year, the main importing countries for Baby Accessories Textile Material, Knitted or Synthetic Fibers (Excl. of Cotton and Synthetic Fibers, and Hats) were Nigeria (US$131M), United States (US$74.2M), and Germany (US$35.7M).