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Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas)

Código 5305 (Harmonized System 2012 by 4 digits)

 2023: US$8.9M, Total Trade Exchange

2023: US$632k, International Sales

  2023: US$8.27M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) was US$8.9M.

In 2023, the states with the most international sales in Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were Colima (US$199k) and Baja California (US$17.2k).

The states with the most international purchases in 2023 were Jalisco (US$3.82M), Yucatán (US$2.03M), Baja California (US$928k), and Ciudad de México (US$2.69k).

In 2023, the main commercial destinations of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were United States (US$198k), Guatemala (US$12.3k), and Honduras (US$5.5k).

The main commercial origins of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) in 2023 were Sri Lanka (US$4.06M), Brazil (US$1.99M), India (US$309k), Thailand (US$249k), and United States (US$129k).

In the global context, the main exporting countries of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) in 2022 were India (US$268M), Sri Lanka (US$157M), and Kenya (US$54.4M). In the same year, the main importing countries of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were China (US$184M), United States (US$72.7M), and United Kingdom (US$55.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$8.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) in Mexico (including international purchases and sales) was US$8.9M.

The visualizations show the net balance of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) 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$529k, International Purchases
  • US$65.1k, International Sales

In July 2024, international sales of Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were US$65.1k, while international purchases reached US$529k. The above results in a trade balance of -US$464k.

Exchange by Territory

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International Sales

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Colima: US$199k, State with the Most International Sales (2023)

United States: US$198k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were Colima (US$199k) and Baja California (US$17.2k).

In 2023, the countries with the most international purchases from Mexico were United States (US$198k), Guatemala (US$12.3k), and Honduras (US$5.5k).

International Purchases

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Jalisco: US$3.82M, State with the Most International Purchases (2023)

Sri Lanka: US$4.06M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were Jalisco (US$3.82M), Yucatán (US$2.03M), Baja California (US$928k), and Ciudad de México (US$2.69k).

The countries with the most international sales to Mexico in 2023 were Sri Lanka (US$4.06M), Brazil (US$1.99M), India (US$309k), Thailand (US$249k), and United States (US$129k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas). 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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  • 0.16%, Mexican share in global exports - 2022
  • 2.87%, Mexican share in global imports - 2022

The visualizations show the global market for Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas). 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 Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were India (US$268M), Sri Lanka (US$157M), and Kenya (US$54.4M). In the same year, the main importing countries for Coconut, Abaca (Manila Hemp (Musa Textilis Nee)), Ramie and other Vegetable Textile Fibers not elsewhere Specified or Included other Hand, Raw or Processed but not Spun; Tow and Waste of these Fibers (Including Yarn Waste and Hilachas) were China (US$184M), United States (US$72.7M), and United Kingdom (US$55.8M).