ProceduresGovernment

Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar)

Código 560749 (Harmonized System 2012 by 6 digits)

 2023: US$17.2M, Total Trade Exchange

2023: US$1.56M, International Sales

  2023: US$15.7M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) was US$17.2M.

In 2023, the states with the most international sales in Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were Tamaulipas (US$681k), Jalisco (US$270k), Ciudad de México (US$270k), Chihuahua (US$170k), and Estado de México (US$57.8k).

The states with the most international purchases in 2023 were Nuevo León (US$6.02M), Sinaloa (US$2.12M), Querétaro (US$1.7M), Estado de México (US$1.38M), and Jalisco (US$1.15M).

In 2023, the main commercial destinations of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were United States (US$1.34M), Canada (US$56.6k), Peru (US$23.6k), Belize (US$19.5k), and Dominican Republic (US$13.8k).

The main commercial origins of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) in 2023 were China (US$4.1M), United States (US$3.17M), Guatemala (US$2.42M), Vietnam (US$1.84M), and Costa Rica (US$901k).

In the global context, the main exporting countries of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) in 2022 were China (US$240M), India (US$139M), and Portugal (US$83.7M). In the same year, the main importing countries of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were United States (US$113M), Netherlands (US$50.3M), and Indonesia (US$43M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$17.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) in Mexico (including international purchases and sales) was US$17.2M.

The visualizations show the net balance of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) 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

July, 2024

  • US$1.68M, International Purchases
  • US$333k, International Sales

In July 2024, international sales of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were US$333k, while international purchases reached US$1.68M. The above results in a trade balance of -US$1.35M.

Market Concentration

#permalink to section

2024-Q3: US$224k, International Sales

The visualization shows the quarterly concentration of international sales of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) at state level.

In the third quarter of 2024, international sales were US$224k, being the states with the most sales Chihuahua (US$206k) and Ciudad de México (US$18.1k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Tamaulipas: US$681k, State with the Most International Sales (2023)

United States: US$1.34M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were Tamaulipas (US$681k), Jalisco (US$270k), Ciudad de México (US$270k), Chihuahua (US$170k), and Estado de México (US$57.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.34M), Canada (US$56.6k), Peru (US$23.6k), Belize (US$19.5k), and Dominican Republic (US$13.8k).

International Purchases

#permalink to section

Nuevo León: US$6.02M, State with the Most International Purchases (2023)

China: US$4.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were Nuevo León (US$6.02M), Sinaloa (US$2.12M), Querétaro (US$1.7M), Estado de México (US$1.38M), and Jalisco (US$1.15M).

The countries with the most international sales to Mexico in 2023 were China (US$4.1M), United States (US$3.17M), Guatemala (US$2.42M), Vietnam (US$1.84M), and Costa Rica (US$901k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar). 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

  • 0.28%, Mexican share in global exports - 2022
  • 1.03%, Mexican share in global imports - 2022

The visualizations show the global market for Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar). 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 Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were China (US$240M), India (US$139M), and Portugal (US$83.7M). In the same year, the main importing countries for Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, of Polyethylene or Polypropylene (Exc. Stringing Atar O Engavillar) were United States (US$113M), Netherlands (US$50.3M), and Indonesia (US$43M).