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Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile

Código 401012 (Harmonized System 2012 by 6 digits)

 2023: US$82.5M, Total Trade Exchange

2023: US$32.4M, International Sales

  2023: US$50.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile was US$82.5M.

In 2023, the states with the most international sales in Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were Jalisco (US$959k), Querétaro (US$615k), Ciudad de México (US$392k), Nuevo León (US$57.5k), and Estado de México (US$31.5k).

The states with the most international purchases in 2023 were Nuevo León (US$10.1M), Ciudad de México (US$9.21M), Jalisco (US$6.81M), Estado de México (US$4.59M), and Chihuahua (US$3.98M).

In 2023, the main commercial destinations of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were United States (US$1.42M), Netherlands (US$210k), El Salvador (US$202k), Guatemala (US$115k), and Costa Rica (US$40.6k).

The main commercial origins of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile in 2023 were China (US$17.2M), United States (US$15.6M), India (US$3.4M), Spain (US$2.23M), and Switzerland (US$1.84M).

In the global context, the main exporting countries of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile in 2022 were China (US$675M), United States (US$140M), and Germany (US$103M). In the same year, the main importing countries of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were United States (US$290M), Canada (US$136M), and Germany (US$98.9M).

Trade Balance of Mexico

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Net Trade Balance

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US$82.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile in Mexico (including international purchases and sales) was US$82.5M.

The visualizations show the net balance of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile 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$4.81M, International Purchases
  • US$2.45M, International Sales

In July 2024, international sales of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were US$2.45M, while international purchases reached US$4.81M. The above results in a trade balance of -US$2.36M.

Market Concentration

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2024-Q3: US$69.8k, International Sales

The visualization shows the quarterly concentration of international sales of Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile at state level.

In the third quarter of 2024, international sales were US$69.8k, being the states with the most sales Baja California (US$39.6k) and Ciudad de México (US$30.1k).

Exchange by Territory

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International Sales

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Jalisco: US$959k, State with the Most International Sales (2023)

United States: US$1.42M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were Jalisco (US$959k), Querétaro (US$615k), Ciudad de México (US$392k), Nuevo León (US$57.5k), and Estado de México (US$31.5k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.42M), Netherlands (US$210k), El Salvador (US$202k), Guatemala (US$115k), and Costa Rica (US$40.6k).

International Purchases

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Nuevo León: US$10.1M, State with the Most International Purchases (2023)

China: US$17.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were Nuevo León (US$10.1M), Ciudad de México (US$9.21M), Jalisco (US$6.81M), Estado de México (US$4.59M), and Chihuahua (US$3.98M).

The countries with the most international sales to Mexico in 2023 were China (US$17.2M), United States (US$15.6M), India (US$3.4M), Spain (US$2.23M), and Switzerland (US$1.84M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile. 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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  • 0.99%, Mexican share in global exports - 2022
  • 3.05%, Mexican share in global imports - 2022

The visualizations show the global market for Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile. 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 Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were China (US$675M), United States (US$140M), and Germany (US$103M). In the same year, the main importing countries for Conveyor Belts, of Vulcanized Rubber, Reinforced only with Textile were United States (US$290M), Canada (US$136M), and Germany (US$98.9M).