ProceduresGovernment

Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils")

Código 701919 (Harmonized System 2012 by 6 digits)

 2023: US$21M, Total Trade Exchange

2023: US$4.64M, International Sales

  2023: US$16.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") was US$21M.

In 2023, the states with the most international sales in Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were Chihuahua (US$2.15M), Baja California (US$1.62M), Querétaro (US$176k), Ciudad de México (US$82.4k), and Jalisco (US$39k).

The states with the most international purchases in 2023 were Nuevo León (US$3.45M), Tamaulipas (US$2.26M), Tlaxcala (US$1.67M), Ciudad de México (US$1.57M), and Baja California (US$1.24M).

In 2023, the main commercial destinations of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were United States (US$3.93M), Honduras (US$172k), Dominican Republic (US$18.4k), Puerto Rico (US$8.7k), and Romania (US$8.16k).

The main commercial origins of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") in 2023 were United States (US$8.45M), China (US$1.91M), Italy (US$1.7M), United Kingdom (US$1.48M), and Latvia (US$669k).

In the global context, the main exporting countries of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") in 2022 were Taiwan (Republic of China) (US$150M), China (US$92.4M), and Czech Republic (US$81.7M). In the same year, the main importing countries of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were United States (US$155M), Germany (US$68.2M), and Japan (US$64.7M).

Trade Balance of Mexico

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Net Trade Balance

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US$21M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") in Mexico (including international purchases and sales) was US$21M.

The visualizations show the net balance of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") 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$1.08M, International Purchases
  • US$373k, International Sales

In November 2024, international sales of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were US$373k, while international purchases reached US$1.08M. The above results in a trade balance of -US$704k.

Market Concentration

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2024-Q4: US$234k, International Sales

The visualization shows the quarterly concentration of international sales of Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") at state level.

In the fourth quarter of 2024, international sales were US$234k, being the states with the most sales Baja California (US$234k).

Exchange by Territory

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International Sales

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Chihuahua: US$2.15M, State with the Most International Sales (2023)

United States: US$3.93M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were Chihuahua (US$2.15M), Baja California (US$1.62M), Querétaro (US$176k), Ciudad de México (US$82.4k), and Jalisco (US$39k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.93M), Honduras (US$172k), Dominican Republic (US$18.4k), Puerto Rico (US$8.7k), and Romania (US$8.16k).

International Purchases

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Nuevo León: US$3.45M, State with the Most International Purchases (2023)

United States: US$8.45M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were Nuevo León (US$3.45M), Tamaulipas (US$2.26M), Tlaxcala (US$1.67M), Ciudad de México (US$1.57M), and Baja California (US$1.24M).

The countries with the most international sales to Mexico in 2023 were United States (US$8.45M), China (US$1.91M), Italy (US$1.7M), United Kingdom (US$1.48M), and Latvia (US$669k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils")  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils"). 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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  • 11%, Mexican share in global exports - 2022
  • 0.83%, Mexican share in global imports - 2022

The visualizations show the global market for Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils"). 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 Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were Taiwan (Republic of China) (US$150M), China (US$92.4M), and Czech Republic (US$81.7M). In the same year, the main importing countries for Discontinuous Glass Fibers and Yarn, Incl. Cortados, Fiberglass (Exc. Yarn Length <= 50 Mm and Wicks "Rovings", "Stratifils") were United States (US$155M), Germany (US$68.2M), and Japan (US$64.7M).