ProceduresGovernment

Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303

Código 630510 (Harmonized System 2012 by 6 digits)

 2023: US$2.04M, Total Trade Exchange

2023: US$371k, International Sales

  2023: US$1.67M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 was US$2.04M.

In 2023, the states with the most international sales in Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were Guanajuato (US$176k), Ciudad de México (US$161k), and Veracruz de Ignacio de la Llave (US$32.8k).

The states with the most international purchases in 2023 were Veracruz de Ignacio de la Llave (US$631k).

In 2023, the main commercial destinations of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were United States (US$267k), Puerto Rico (US$65.3k), Cuba (US$7.07k), Belgium (US$6.3k), and Italy (US$6.25k).

The main commercial origins of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 in 2023 were India (US$409k) and Bangladesh (US$222k).

In the global context, the main exporting countries of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 in 2022 were India (US$162M), Bangladesh (US$69.6M), and China (US$19.1M). In the same year, the main importing countries of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were Ghana (US$47.6M), India (US$37.8M), and Cote d'Ivoire (US$33.9M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$2.04M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 in Mexico (including international purchases and sales) was US$2.04M.

The visualizations show the net balance of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 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

November, 2024

  • US$114k, International Purchases
  • US$24.9k, International Sales

In November 2024, international sales of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were US$24.9k, while international purchases reached US$114k. The above results in a trade balance of -US$89.1k.

Market Concentration

#permalink to section

2024-Q4: US$9.13k, International Sales

The visualization shows the quarterly concentration of international sales of Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 at state level.

In the fourth quarter of 2024, international sales were US$9.13k, being the states with the most sales Ciudad de México (US$9.13k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Guanajuato: US$176k, State with the Most International Sales (2023)

United States: US$267k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were Guanajuato (US$176k), Ciudad de México (US$161k), and Veracruz de Ignacio de la Llave (US$32.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$267k), Puerto Rico (US$65.3k), Cuba (US$7.07k), Belgium (US$6.3k), and Italy (US$6.25k).

International Purchases

#permalink to section

Veracruz de Ignacio de la Llave: US$631k, State with the Most International Purchases (2023)

India: US$409k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were Veracruz de Ignacio de la Llave (US$631k).

The countries with the most international sales to Mexico in 2023 were India (US$409k) and Bangladesh (US$222k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303. 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

  • 0.1%, Mexican share in global exports - 2022
  • 2.12%, Mexican share in global imports - 2022

The visualizations show the global market for Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303. 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 Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were India (US$162M), Bangladesh (US$69.6M), and China (US$19.1M). In the same year, the main importing countries for Bags "Bags" Kind Used for the Packing of Goods, of Jute or other Textile Fibers Liber Heading 5303 were Ghana (US$47.6M), India (US$37.8M), and Cote d'Ivoire (US$33.9M).