ProceduresGovernment

Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, Synthetic Fibers (Excl. of Polyethylene or Polypropylene)

Código 560750 (Harmonized System 2012 by 6 digits)

 2023: US$49M, Total Trade Exchange

2023: US$13.8M, International Sales

  2023: US$35.2M, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) was US$49M.

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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were Chihuahua (US$8.21M), Estado de México (US$2.11M), Baja California (US$986k), Ciudad de México (US$600k), and Nuevo León (US$599k).

The states with the most international purchases in 2023 were Ciudad de México (US$11.4M), Chihuahua (US$8.21M), Baja California (US$2.69M), Nuevo León (US$2.43M), and Jalisco (US$2.18M).

In 2023, the main commercial destinations of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were United States (US$13.2M), Colombia (US$29k), Guatemala (US$22.3k), Costa Rica (US$15k), and Cuba (US$11.6k).

The main commercial origins of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) in 2023 were United States (US$19.2M), China (US$6.06M), Vietnam (US$2.58M), Netherlands (US$1.75M), and Japan (US$1.23M).

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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) in 2022 were China (US$417M), United States (US$115M), and Germany (US$46.1M). 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were United States (US$146M), China (US$60.6M), and Mexico (US$53.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$49M, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) in Mexico (including international purchases and sales) was US$49M.

The visualizations show the net balance of Cordage, Ropes and Cables, Plaited or Not, Incl. Impregnated, Coated, Covered or Sheathed with Rubber or Plastics, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) 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$4.03M, International Purchases
  • US$1.33M, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were US$1.33M, while international purchases reached US$4.03M. The above results in a trade balance of -US$2.7M.

Market Concentration

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2024-Q3: US$815k, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) at state level.

In the third quarter of 2024, international sales were US$815k, being the states with the most sales Chihuahua (US$705k), Ciudad de México (US$65.3k), and Baja California (US$18.8k).

Exchange by Territory

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International Sales

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Chihuahua: US$8.21M, State with the Most International Sales (2023)

United States: US$13.2M, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were Chihuahua (US$8.21M), Estado de México (US$2.11M), Baja California (US$986k), Ciudad de México (US$600k), and Nuevo León (US$599k).

In 2023, the countries with the most international purchases from Mexico were United States (US$13.2M), Colombia (US$29k), Guatemala (US$22.3k), Costa Rica (US$15k), and Cuba (US$11.6k).

International Purchases

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Ciudad de México: US$11.4M, State with the Most International Purchases (2023)

United States: US$19.2M, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were Ciudad de México (US$11.4M), Chihuahua (US$8.21M), Baja California (US$2.69M), Nuevo León (US$2.43M), and Jalisco (US$2.18M).

The countries with the most international sales to Mexico in 2023 were United States (US$19.2M), China (US$6.06M), Vietnam (US$2.58M), Netherlands (US$1.75M), and Japan (US$1.23M).

Specialization

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Specialization by State

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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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene)  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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene). 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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  • 1.68%, Mexican share in global exports - 2022
  • 4.78%, 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene). 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were China (US$417M), United States (US$115M), and Germany (US$46.1M). 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, Synthetic Fibers (Excl. of Polyethylene or Polypropylene) were United States (US$146M), China (US$60.6M), and Mexico (US$53.8M).