ProceduresGovernment

Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404)

Código 630140 (Harmonized System 2012 by 6 digits)

 2023: US$52.3M, Total Trade Exchange

2023: US$17.4M, International Sales

  2023: US$34.9M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) was US$52.3M.

In 2023, the states with the most international sales in Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Baja California (US$8.34M), Tlaxcala (US$3.16M), Puebla (US$3.04M), Coahuila de Zaragoza (US$370k), and Sonora (US$365k).

The states with the most international purchases in 2023 were Estado de México (US$13.2M), Ciudad de México (US$7.53M), Baja California (US$5.29M), Aguascalientes (US$4.03M), and Nuevo León (US$2M).

In 2023, the main commercial destinations of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$15.3M), El Salvador (US$387k), Canada (US$236k), Guatemala (US$118k), and Costa Rica (US$56.6k).

The main commercial origins of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in 2023 were China (US$31.5M), Vietnam (US$950k), Thailand (US$942k), United States (US$292k), and India (US$251k).

In the global context, the main exporting countries of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in 2022 were China (US$3.49B), India (US$93.4M), and Vietnam (US$64.9M). In the same year, the main importing countries of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$1.5B), Germany (US$161M), and Japan (US$151M).

Trade Balance of Mexico

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Net Trade Balance

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US$52.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) in Mexico (including international purchases and sales) was US$52.3M.

The visualizations show the net balance of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) 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$2.6M, International Purchases
  • US$2.11M, International Sales

In July 2024, international sales of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were US$2.11M, while international purchases reached US$2.6M. The above results in a trade balance of -US$496k.

Market Concentration

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2024-Q3: US$1.9M, International Sales

The visualization shows the quarterly concentration of international sales of Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) at state level.

In the third quarter of 2024, international sales were US$1.9M, being the states with the most sales Baja California (US$1.12M), Tlaxcala (US$488k), and Puebla (US$183k).

Exchange by Territory

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International Sales

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Baja California: US$8.34M, State with the Most International Sales (2023)

United States: US$15.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Baja California (US$8.34M), Tlaxcala (US$3.16M), Puebla (US$3.04M), Coahuila de Zaragoza (US$370k), and Sonora (US$365k).

In 2023, the countries with the most international purchases from Mexico were United States (US$15.3M), El Salvador (US$387k), Canada (US$236k), Guatemala (US$118k), and Costa Rica (US$56.6k).

International Purchases

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Estado de México: US$13.2M, State with the Most International Purchases (2023)

China: US$31.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were Estado de México (US$13.2M), Ciudad de México (US$7.53M), Baja California (US$5.29M), Aguascalientes (US$4.03M), and Nuevo León (US$2M).

The countries with the most international sales to Mexico in 2023 were China (US$31.5M), Vietnam (US$950k), Thailand (US$942k), United States (US$292k), and India (US$251k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404). 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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  • 0.33%, Mexican share in global exports - 2022
  • 0.64%, Mexican share in global imports - 2022

The visualizations show the global market for Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404). 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 Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were China (US$3.49B), India (US$93.4M), and Vietnam (US$64.9M). In the same year, the main importing countries for Blankets of Synthetic Fibers (Excl. Electric Blankets, Table Covers, Bedspreads and Goods in Bed and Similar Articles. of Heading 9404) were United States (US$1.5B), Germany (US$161M), and Japan (US$151M).