Felt, whether or not Impregnated, Coated, Covered or Laminated
Código 5602 (Harmonized System 2012 by 4 digits)
2023: US$111M, Total Trade Exchange
2023: US$33.7M, International Sales
2023: US$77.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Felt, whether or not Impregnated, Coated, Covered or Laminated was US$111M.
In 2023, the states with the most international sales in Felt, whether or not Impregnated, Coated, Covered or Laminated were Estado de México (US$16.8M), Guanajuato (US$8.66M), Chihuahua (US$2.26M), Nuevo León (US$2.19M), and Baja California (US$1.85M).
The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$20.4M), Puebla (US$10.4M), Guanajuato (US$8.3M), Baja California (US$7.84M), and Nuevo León (US$6.41M).
In 2023, the main commercial destinations of Felt, whether or not Impregnated, Coated, Covered or Laminated were United States (US$29.5M), Hungary (US$587k), France (US$477k), Belgium (US$372k), and Spain (US$281k).
The main commercial origins of Felt, whether or not Impregnated, Coated, Covered or Laminated in 2023 were United States (US$50.1M), China (US$10.6M), Germany (US$6.32M), Czech Republic (US$1.49M), and South Korea (US$1.27M).
In the global context, the main exporting countries of Felt, whether or not Impregnated, Coated, Covered or Laminated in 2022 were China (US$313M), Germany (US$253M), and United States (US$113M). In the same year, the main importing countries of Felt, whether or not Impregnated, Coated, Covered or Laminated were United States (US$170M), Germany (US$90M), and Mexico (US$69.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$111M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Felt, whether or not Impregnated, Coated, Covered or Laminated in Mexico (including international purchases and sales) was US$111M.
The visualizations show the net balance of Felt, whether or not Impregnated, Coated, Covered or Laminated 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$8.37M, International Purchases
- US$2.01M, International Sales
In July 2024, international sales of Felt, whether or not Impregnated, Coated, Covered or Laminated were US$2.01M, while international purchases reached US$8.37M. The above results in a trade balance of -US$6.36M.
Market Concentration
#permalink to section2024-Q3: US$1.23M, International Sales
The visualization shows the quarterly concentration of international sales of Felt, whether or not Impregnated, Coated, Covered or Laminated at state level.
In the third quarter of 2024, international sales were US$1.23M, being the states with the most sales Guanajuato (US$795k), Chihuahua (US$149k), and Nuevo León (US$145k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$16.8M, State with the Most International Sales (2023)
United States: US$29.5M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Felt, whether or not Impregnated, Coated, Covered or Laminated were Estado de México (US$16.8M), Guanajuato (US$8.66M), Chihuahua (US$2.26M), Nuevo León (US$2.19M), and Baja California (US$1.85M).
In 2023, the countries with the most international purchases from Mexico were United States (US$29.5M), Hungary (US$587k), France (US$477k), Belgium (US$372k), and Spain (US$281k).
International Purchases
#permalink to sectionCoahuila de Zaragoza: US$20.4M, State with the Most International Purchases (2023)
United States: US$50.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Felt, whether or not Impregnated, Coated, Covered or Laminated were Coahuila de Zaragoza (US$20.4M), Puebla (US$10.4M), Guanajuato (US$8.3M), Baja California (US$7.84M), and Nuevo León (US$6.41M).
The countries with the most international sales to Mexico in 2023 were United States (US$50.1M), China (US$10.6M), Germany (US$6.32M), Czech Republic (US$1.49M), and South Korea (US$1.27M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Felt, whether or not Impregnated, Coated, Covered or Laminated and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Felt, whether or not Impregnated, Coated, Covered or Laminated. 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- 2.55%, Mexican share in global exports - 2022
- 4.76%, Mexican share in global imports - 2022
The visualizations show the global market for Felt, whether or not Impregnated, Coated, Covered or Laminated. 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 Felt, whether or not Impregnated, Coated, Covered or Laminated were China (US$313M), Germany (US$253M), and United States (US$113M). In the same year, the main importing countries for Felt, whether or not Impregnated, Coated, Covered or Laminated were United States (US$170M), Germany (US$90M), and Mexico (US$69.1M).