ProceduresGovernment

Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece)

Código 580890 (Harmonized System 2012 by 6 digits)

 2023: US$7.8M, Total Trade Exchange

2023: US$3.86M, International Sales

  2023: US$3.94M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) was US$7.8M.

In 2023, the states with the most international sales in Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were Ciudad de México (US$840k), Estado de México (US$78.5k), Jalisco (US$26.8k), Baja California (US$22.2k), and San Luis Potosí (US$7.2k).

The states with the most international purchases in 2023 were Ciudad de México (US$1.65M), Jalisco (US$413k), Baja California (US$365k), Estado de México (US$291k), and Guanajuato (US$281k).

In 2023, the main commercial destinations of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were United States (US$729k), Chile (US$53.3k), Guatemala (US$50.7k), Costa Rica (US$34.1k), and Belize (US$26.2k).

The main commercial origins of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) in 2023 were China (US$2.14M), United States (US$652k), Taiwan (Republic of China) (US$331k), Hungary (US$173k), and India (US$147k).

In the global context, the main exporting countries of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) in 2022 were China (US$93.9M), Taiwan (Republic of China) (US$17.1M), and Turkey (US$15.6M). In the same year, the main importing countries of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were Vietnam (US$30M), United States (US$29.9M), and India (US$14.8M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$7.8M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) in Mexico (including international purchases and sales) was US$7.8M.

The visualizations show the net balance of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) 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$604k, International Purchases
  • US$298k, International Sales

In November 2024, international sales of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were US$298k, while international purchases reached US$604k. The above results in a trade balance of -US$306k.

Market Concentration

#permalink to section

2024-Q4: US$51.8k, International Sales

The visualization shows the quarterly concentration of international sales of Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) at state level.

In the fourth quarter of 2024, international sales were US$51.8k, being the states with the most sales Ciudad de México (US$51.8k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Ciudad de México: US$840k, State with the Most International Sales (2023)

United States: US$729k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were Ciudad de México (US$840k), Estado de México (US$78.5k), Jalisco (US$26.8k), Baja California (US$22.2k), and San Luis Potosí (US$7.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$729k), Chile (US$53.3k), Guatemala (US$50.7k), Costa Rica (US$34.1k), and Belize (US$26.2k).

International Purchases

#permalink to section

Ciudad de México: US$1.65M, State with the Most International Purchases (2023)

China: US$2.14M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were Ciudad de México (US$1.65M), Jalisco (US$413k), Baja California (US$365k), Estado de México (US$291k), and Guanajuato (US$281k).

The countries with the most international sales to Mexico in 2023 were China (US$2.14M), United States (US$652k), Taiwan (Republic of China) (US$331k), Hungary (US$173k), and India (US$147k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece). 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

  • 1.83%, Mexican share in global exports - 2022
  • 1.51%, Mexican share in global imports - 2022

The visualizations show the global market for Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece). 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 Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were China (US$93.9M), Taiwan (Republic of China) (US$17.1M), and Turkey (US$15.6M). In the same year, the main importing countries for Braids and Ornamental Trimmings Textile in Piece, without Embroidery (Exc Crocheted.); Acorns, Arbutus, Pompons and Similar Articles. Textile (Exc. Braids in the Piece) were Vietnam (US$30M), United States (US$29.9M), and India (US$14.8M).