ProceduresGovernment

Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By)

Código 560290 (Harmonized System 2012 by 6 digits)

 2023: US$14.3M, Total Trade Exchange

2023: US$3.93M, International Sales

  2023: US$10.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) was US$14.3M.

In 2023, the states with the most international sales in Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were Chihuahua (US$2.16M), Baja California (US$1.24M), Guanajuato (US$318k), Coahuila de Zaragoza (US$41.6k), and Jalisco (US$18.7k).

The states with the most international purchases in 2023 were Guanajuato (US$2.75M), Baja California (US$1.48M), Estado de México (US$1.28M), Querétaro (US$1.06M), and Nuevo León (US$974k).

In 2023, the main commercial destinations of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were United States (US$3.48M), Spain (US$281k), Cuba (US$17.4k), China (US$12.9k), and Brazil (US$10.4k).

The main commercial origins of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) in 2023 were United States (US$5.64M), China (US$1.89M), Japan (US$856k), Turkey (US$568k), and Germany (US$401k).

In the global context, the main exporting countries of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) in 2022 were China (US$85.7M), Turkey (US$41M), and Italy (US$27.9M). In the same year, the main importing countries of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were United States (US$23.6M), Thailand (US$16.1M), and Indonesia (US$14.4M).

Trade Balance of Mexico

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Net Trade Balance

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US$14.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) in Mexico (including international purchases and sales) was US$14.3M.

The visualizations show the net balance of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) 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$936k, International Purchases
  • US$165k, International Sales

In July 2024, international sales of Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were US$165k, while international purchases reached US$936k. The above results in a trade balance of -US$771k.

Exchange by Territory

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International Sales

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Chihuahua: US$2.16M, State with the Most International Sales (2023)

United States: US$3.48M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were Chihuahua (US$2.16M), Baja California (US$1.24M), Guanajuato (US$318k), Coahuila de Zaragoza (US$41.6k), and Jalisco (US$18.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.48M), Spain (US$281k), Cuba (US$17.4k), China (US$12.9k), and Brazil (US$10.4k).

International Purchases

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Guanajuato: US$2.75M, State with the Most International Purchases (2023)

United States: US$5.64M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were Guanajuato (US$2.75M), Baja California (US$1.48M), Estado de México (US$1.28M), Querétaro (US$1.06M), and Nuevo León (US$974k).

The countries with the most international sales to Mexico in 2023 were United States (US$5.64M), China (US$1.89M), Japan (US$856k), Turkey (US$568k), and Germany (US$401k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By). 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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  • 0.44%, Mexican share in global exports - 2022
  • 2.79%, Mexican share in global imports - 2022

The visualizations show the global market for Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By). 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 Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were China (US$85.7M), Turkey (US$41M), and Italy (US$27.9M). In the same year, the main importing countries for Felted Impregnated, Coated, Covered or Laminated (Exc. Needleloom Felt and Stitch-Obtained By) were United States (US$23.6M), Thailand (US$16.1M), and Indonesia (US$14.4M).