ProceduresGovernment

Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers)

Código 845129 (Harmonized System 2012 by 6 digits)

 2023: US$725M, Total Trade Exchange

2023: US$678M, International Sales

  2023: US$46.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) was US$725M.

In 2023, the states with the most international sales in Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were Ciudad de México (US$4.55M) and Yucatán (US$6.23k).

The states with the most international purchases in 2023 were Nuevo León (US$22.1M), Estado de México (US$9.33M), Quintana Roo (US$5.16M), Jalisco (US$4.64M), and Ciudad de México (US$3.2M).

In 2023, the main commercial destinations of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were Costa Rica (US$1.72M), Ecuador (US$1.31M), Panama (US$334k), Guatemala (US$294k), and El Salvador (US$282k).

The main commercial origins of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) in 2023 were United States (US$30.2M), South Korea (US$9.34M), China (US$1.29M), Spain (US$1.28M), and Germany (US$1.17M).

In the global context, the main exporting countries of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) in 2022 were Mexico (US$815M), South Korea (US$725M), and China (US$325M). In the same year, the main importing countries of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were United States (US$1.41B), Canada (US$225M), and South Korea (US$222M).

Trade Balance of Mexico

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Net Trade Balance

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US$725M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) in Mexico (including international purchases and sales) was US$725M.

The visualizations show the net balance of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) 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$4.12M, International Purchases
  • US$28.9M, International Sales

In November 2024, international sales of Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were US$28.9M, while international purchases reached US$4.12M. The above results in a trade balance of US$24.8M.

Exchange by Territory

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International Sales

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Ciudad de México: US$4.55M, State with the Most International Sales (2023)

Costa Rica: US$1.72M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were Ciudad de México (US$4.55M) and Yucatán (US$6.23k).

In 2023, the countries with the most international purchases from Mexico were Costa Rica (US$1.72M), Ecuador (US$1.31M), Panama (US$334k), Guatemala (US$294k), and El Salvador (US$282k).

International Purchases

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Nuevo León: US$22.1M, State with the Most International Purchases (2023)

United States: US$30.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were Nuevo León (US$22.1M), Estado de México (US$9.33M), Quintana Roo (US$5.16M), Jalisco (US$4.64M), and Ciudad de México (US$3.2M).

The countries with the most international sales to Mexico in 2023 were United States (US$30.2M), South Korea (US$9.34M), China (US$1.29M), Spain (US$1.28M), and Germany (US$1.17M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers). 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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  • 33.3%, Mexican share in global exports - 2022
  • 1.47%, Mexican share in global imports - 2022

The visualizations show the global market for Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers). 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 Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were Mexico (US$815M), South Korea (US$725M), and China (US$325M). In the same year, the main importing countries for Drying Machines Yarns, Fabrics or Textile Products (Exc. Clothes Drying Machines, Unitarian Capacity, Expressed in Weight Seca Clothing <= 10 Kg and Centrifugal Dryers) were United States (US$1.41B), Canada (US$225M), and South Korea (US$222M).