ProceduresGovernment

Fabrics of Silk or Silk Waste

Código 5007 (Harmonized System 2012 by 4 digits)

 2023: US$927k, Total Trade Exchange

2023: US$285k, International Sales

  2023: US$641k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Fabrics of Silk or Silk Waste was US$927k.

In 2022, the states with the most international sales in Fabrics of Silk or Silk Waste were Ciudad de México (US$3.94k).

The states with the most international purchases in 2023 were Ciudad de México (US$516k), Baja California (US$37.7k), and Estado de México (US$2.76k).

In 2022, the main commercial destinations of Fabrics of Silk or Silk Waste were Italy (US$2.14k), Chile (US$1.79k), and Cuba (US$4).

The main commercial origins of Fabrics of Silk or Silk Waste in 2023 were South Korea (US$277k), Italy (US$161k), India (US$51.5k), United States (US$25.2k), and China (US$23.8k).

In the global context, the main exporting countries of Fabrics of Silk or Silk Waste in 2022 were China (US$365M), Italy (US$197M), and Uzbekistan (US$52.7M). In the same year, the main importing countries of Fabrics of Silk or Silk Waste were Italy (US$142M), France (US$75.4M), and United States (US$56M).

Trade Balance of Mexico

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Net Trade Balance

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US$927k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Fabrics of Silk or Silk Waste in Mexico (including international purchases and sales) was US$927k.

The visualizations show the net balance of Fabrics of Silk or Silk Waste 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$138k, International Purchases

In July 2024, international sales of Fabrics of Silk or Silk Waste were US$0, while international purchases reached US$138k. The above results in a trade balance of -US$138k.

Exchange by Territory

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International Sales

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Ciudad de México: US$3.94k, State with the Most International Sales (2022)

Italy: US$2.14k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Fabrics of Silk or Silk Waste were Ciudad de México (US$3.94k).

In 2022, the countries with the most international purchases from Mexico were Italy (US$2.14k), Chile (US$1.79k), and Cuba (US$4).

International Purchases

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Ciudad de México: US$516k, State with the Most International Purchases (2023)

South Korea: US$277k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Fabrics of Silk or Silk Waste were Ciudad de México (US$516k), Baja California (US$37.7k), and Estado de México (US$2.76k).

The countries with the most international sales to Mexico in 2023 were South Korea (US$277k), Italy (US$161k), India (US$51.5k), United States (US$25.2k), and China (US$23.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Fabrics of Silk or Silk Waste  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Fabrics of Silk or Silk Waste. 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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  • 0.0024%, Mexican share in global exports - 2022
  • 0.093%, Mexican share in global imports - 2022

The visualizations show the global market for Fabrics of Silk or Silk Waste. 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 Fabrics of Silk or Silk Waste were China (US$365M), Italy (US$197M), and Uzbekistan (US$52.7M). In the same year, the main importing countries for Fabrics of Silk or Silk Waste were Italy (US$142M), France (US$75.4M), and United States (US$56M).