Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made
Código 5704 (Harmonized System 2012 by 4 digits)
2023: US$10.5M, Total Trade Exchange
2023: US$6.14M, International Sales
2023: US$4.37M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made was US$10.5M.
In 2023, the states with the most international sales in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Ciudad de México (US$27.4k).
The states with the most international purchases in 2023 were Puebla (US$1.02M), Nuevo León (US$647k), Estado de México (US$618k), Tamaulipas (US$371k), and San Luis Potosí (US$345k).
In 2023, the main commercial destinations of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Colombia (US$23.4k), United States (US$3.94k), and Cuba (US$59).
The main commercial origins of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in 2023 were United States (US$1.06M), Germany (US$733k), China (US$659k), South Korea (US$374k), and Belgium (US$349k).
In the global context, the main exporting countries of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in 2022 were Netherlands (US$127M), Belgium (US$127M), and China (US$69.1M). In the same year, the main importing countries of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Germany (US$122M), United States (US$69M), and United Kingdom (US$48.8M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$10.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made in Mexico (including international purchases and sales) was US$10.5M.
The visualizations show the net balance of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made 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 sectionJuly, 2024
- US$1.79M, International Purchases
- US$505k, International Sales
In July 2024, international sales of Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were US$505k, while international purchases reached US$1.79M. The above results in a trade balance of -US$1.28M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$27.4k, State with the Most International Sales (2023)
Colombia: US$23.4k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Ciudad de México (US$27.4k).
In 2023, the countries with the most international purchases from Mexico were Colombia (US$23.4k), United States (US$3.94k), and Cuba (US$59).
International Purchases
#permalink to sectionPuebla: US$1.02M, State with the Most International Purchases (2023)
United States: US$1.06M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Puebla (US$1.02M), Nuevo León (US$647k), Estado de México (US$618k), Tamaulipas (US$371k), and San Luis Potosí (US$345k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.06M), Germany (US$733k), China (US$659k), South Korea (US$374k), and Belgium (US$349k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.71%, Mexican share in global exports - 2022
- 0.86%, Mexican share in global imports - 2022
The visualizations show the global market for Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made. 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 Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Netherlands (US$127M), Belgium (US$127M), and China (US$69.1M). In the same year, the main importing countries for Carpets and other Floor Coverings, of Felt, not Tufted or Flocked, whether or not Made were Germany (US$122M), United States (US$69M), and United Kingdom (US$48.8M).