ProceduresGovernment

Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests)

Código 620520 (Harmonized System 2012 by 6 digits)

 2023: US$238M, Total Trade Exchange

2023: US$84.5M, International Sales

  2023: US$154M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) was US$238M.

In 2023, the states with the most international sales in Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were Baja California (US$26.2M), Coahuila de Zaragoza (US$24.2M), Chihuahua (US$9.33M), Ciudad de México (US$7.3M), and Puebla (US$5.45M).

The states with the most international purchases in 2023 were Ciudad de México (US$77.7M), Baja California (US$30.9M), Estado de México (US$16.4M), Jalisco (US$5.52M), and Chihuahua (US$5.4M).

In 2023, the main commercial destinations of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were United States (US$77M), Canada (US$488k), Panama (US$319k), Guatemala (US$203k), and El Salvador (US$180k).

The main commercial origins of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) in 2023 were India (US$27.7M), Bangladesh (US$25.3M), Vietnam (US$20.4M), China (US$12.6M), and Sri Lanka (US$10.7M).

In the global context, the main exporting countries of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) in 2022 were Bangladesh (US$1.97B), China (US$1.37B), and Vietnam (US$866M). In the same year, the main importing countries of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were United States (US$2.39B), Germany (US$893M), and France (US$437M).

Trade Balance of Mexico

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Net Trade Balance

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US$238M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) in Mexico (including international purchases and sales) was US$238M.

The visualizations show the net balance of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) 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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November, 2024

  • US$14.2M, International Purchases
  • US$7.07M, International Sales

In November 2024, international sales of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were US$7.07M, while international purchases reached US$14.2M. The above results in a trade balance of -US$7.14M.

Market Concentration

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2024-Q4: US$11.2M, International Sales

The visualization shows the quarterly concentration of international sales of Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) at state level.

In the fourth quarter of 2024, international sales were US$11.2M, being the states with the most sales Baja California (US$5.74M), Coahuila de Zaragoza (US$2.69M), and Ciudad de México (US$1.8M).

Exchange by Territory

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International Sales

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Baja California: US$26.2M, State with the Most International Sales (2023)

United States: US$77M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were Baja California (US$26.2M), Coahuila de Zaragoza (US$24.2M), Chihuahua (US$9.33M), Ciudad de México (US$7.3M), and Puebla (US$5.45M).

In 2023, the countries with the most international purchases from Mexico were United States (US$77M), Canada (US$488k), Panama (US$319k), Guatemala (US$203k), and El Salvador (US$180k).

International Purchases

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Ciudad de México: US$77.7M, State with the Most International Purchases (2023)

India: US$27.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were Ciudad de México (US$77.7M), Baja California (US$30.9M), Estado de México (US$16.4M), Jalisco (US$5.52M), and Chihuahua (US$5.4M).

The countries with the most international sales to Mexico in 2023 were India (US$27.7M), Bangladesh (US$25.3M), Vietnam (US$20.4M), China (US$12.6M), and Sri Lanka (US$10.7M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests). 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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  • 0.87%, Mexican share in global exports - 2022
  • 1.33%, Mexican share in global imports - 2022

The visualizations show the global market for Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests). 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 Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were Bangladesh (US$1.97B), China (US$1.37B), and Vietnam (US$866M). In the same year, the main importing countries for Cotton Shirts, Knitted or Crocheted (Excl. Knitted or Crocheted, Nightshirts, Singlets and other Vests) were United States (US$2.39B), Germany (US$893M), and France (US$437M).