ProceduresGovernment

Braids Textile Materials, Part

Código 580810 (Harmonized System 2012 by 6 digits)

 2023: US$16.1M, Total Trade Exchange

2023: US$10.6M, International Sales

  2023: US$5.58M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Braids Textile Materials, Part was US$16.1M.

In 2023, the states with the most international sales in Braids Textile Materials, Part were Tamaulipas (US$34.1k), Chihuahua (US$9.86k), Guanajuato (US$7.24k), Sonora (US$1.73k), and Baja California (US$931).

The states with the most international purchases in 2023 were Guanajuato (US$1.95M), Tamaulipas (US$1.64M), Chihuahua (US$562k), Sonora (US$374k), and Coahuila de Zaragoza (US$367k).

In 2023, the main commercial destinations of Braids Textile Materials, Part were Saudi Arabia (US$28.5k), United States (US$22.7k), Canada (US$2.77k), France (US$164), and Hungary (US$70).

The main commercial origins of Braids Textile Materials, Part in 2023 were United States (US$2.99M), China (US$793k), Germany (US$625k), Japan (US$597k), and Czech Republic (US$114k).

In the global context, the main exporting countries of Braids Textile Materials, Part in 2022 were China (US$82.3M), Germany (US$35.2M), and Taiwan (Republic of China) (US$24.1M). In the same year, the main importing countries of Braids Textile Materials, Part were Vietnam (US$53.5M), United States (US$23.5M), and Mexico (US$14.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$16.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Braids Textile Materials, Part in Mexico (including international purchases and sales) was US$16.1M.

The visualizations show the net balance of Braids Textile Materials, Part 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$526k, International Purchases
  • US$626k, International Sales

In November 2024, international sales of Braids Textile Materials, Part were US$626k, while international purchases reached US$526k. The above results in a trade balance of US$99.6k.

Exchange by Territory

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International Sales

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Tamaulipas: US$34.1k, State with the Most International Sales (2023)

Saudi Arabia: US$28.5k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Braids Textile Materials, Part were Tamaulipas (US$34.1k), Chihuahua (US$9.86k), Guanajuato (US$7.24k), Sonora (US$1.73k), and Baja California (US$931).

In 2023, the countries with the most international purchases from Mexico were Saudi Arabia (US$28.5k), United States (US$22.7k), Canada (US$2.77k), France (US$164), and Hungary (US$70).

International Purchases

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Guanajuato: US$1.95M, State with the Most International Purchases (2023)

United States: US$2.99M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Braids Textile Materials, Part were Guanajuato (US$1.95M), Tamaulipas (US$1.64M), Chihuahua (US$562k), Sonora (US$374k), and Coahuila de Zaragoza (US$367k).

The countries with the most international sales to Mexico in 2023 were United States (US$2.99M), China (US$793k), Germany (US$625k), Japan (US$597k), and Czech Republic (US$114k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Braids Textile Materials, Part  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Braids Textile Materials, Part. 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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  • 4.53%, Mexican share in global exports - 2022
  • 5.45%, Mexican share in global imports - 2022

The visualizations show the global market for Braids Textile Materials, Part. 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 Textile Materials, Part were China (US$82.3M), Germany (US$35.2M), and Taiwan (Republic of China) (US$24.1M). In the same year, the main importing countries for Braids Textile Materials, Part were Vietnam (US$53.5M), United States (US$23.5M), and Mexico (US$14.9M).