Embroidery in the Piece, in Strips or in Motifs
Código 5810 (Harmonized System 2012 by 4 digits)
2023: US$40.1M, Total Trade Exchange
2023: US$22.6M, International Sales
2023: US$17.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Embroidery in the Piece, in Strips or in Motifs was US$40.1M.
In 2023, the states with the most international sales in Embroidery in the Piece, in Strips or in Motifs were Aguascalientes (US$13M), Sonora (US$7.38M), Puebla (US$1.34M), Baja California (US$548k), and Ciudad de México (US$142k).
The states with the most international purchases in 2023 were Ciudad de México (US$4.82M), Baja California (US$4.2M), Tamaulipas (US$2.46M), Jalisco (US$1.48M), and Aguascalientes (US$1.37M).
In 2023, the main commercial destinations of Embroidery in the Piece, in Strips or in Motifs were United States (US$21.4M), Canada (US$789k), Germany (US$126k), Belize (US$74.6k), and Guatemala (US$38.3k).
The main commercial origins of Embroidery in the Piece, in Strips or in Motifs in 2023 were China (US$13.9M), United States (US$1.16M), Taiwan (Republic of China) (US$469k), Thailand (US$412k), and India (US$335k).
In the global context, the main exporting countries of Embroidery in the Piece, in Strips or in Motifs in 2022 were China (US$715M), India (US$167M), and Thailand (US$74.6M). In the same year, the main importing countries of Embroidery in the Piece, in Strips or in Motifs were United States (US$120M), Italy (US$72.5M), and United Arab Emirates (US$67.4M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$40.1M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Embroidery in the Piece, in Strips or in Motifs in Mexico (including international purchases and sales) was US$40.1M.
The visualizations show the net balance of Embroidery in the Piece, in Strips or in Motifs 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 sectionJuly, 2024
- US$2.32M, International Purchases
- US$2.27M, International Sales
In July 2024, international sales of Embroidery in the Piece, in Strips or in Motifs were US$2.27M, while international purchases reached US$2.32M. The above results in a trade balance of -US$57.3k.
Market Concentration
#permalink to section2024-Q3: US$102k, International Sales
The visualization shows the quarterly concentration of international sales of Embroidery in the Piece, in Strips or in Motifs at state level.
In the third quarter of 2024, international sales were US$102k, being the states with the most sales Baja California (US$102k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionAguascalientes: US$13M, State with the Most International Sales (2023)
United States: US$21.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Embroidery in the Piece, in Strips or in Motifs were Aguascalientes (US$13M), Sonora (US$7.38M), Puebla (US$1.34M), Baja California (US$548k), and Ciudad de México (US$142k).
In 2023, the countries with the most international purchases from Mexico were United States (US$21.4M), Canada (US$789k), Germany (US$126k), Belize (US$74.6k), and Guatemala (US$38.3k).
International Purchases
#permalink to sectionCiudad de México: US$4.82M, State with the Most International Purchases (2023)
China: US$13.9M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Embroidery in the Piece, in Strips or in Motifs were Ciudad de México (US$4.82M), Baja California (US$4.2M), Tamaulipas (US$2.46M), Jalisco (US$1.48M), and Aguascalientes (US$1.37M).
The countries with the most international sales to Mexico in 2023 were China (US$13.9M), United States (US$1.16M), Taiwan (Republic of China) (US$469k), Thailand (US$412k), and India (US$335k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Embroidery in the Piece, in Strips or in Motifs and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Embroidery in the Piece, in Strips or in Motifs. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.14%, Mexican share in global exports - 2022
- 1.85%, Mexican share in global imports - 2022
The visualizations show the global market for Embroidery in the Piece, in Strips or in Motifs. 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 Embroidery in the Piece, in Strips or in Motifs were China (US$715M), India (US$167M), and Thailand (US$74.6M). In the same year, the main importing countries for Embroidery in the Piece, in Strips or in Motifs were United States (US$120M), Italy (US$72.5M), and United Arab Emirates (US$67.4M).