Fiberglass Yarn "Chopped Strands" Length <= 50 Mm
Código 701911 (Harmonized System 2012 by 6 digits)
2023: US$45.1M, Total Trade Exchange
2023: US$12.7M, International Sales
2023: US$32.4M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm was US$45.1M.
In 2018, the states with the most international sales in Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Ciudad de México (US$434k).
The states with the most international purchases in 2023 were Ciudad de México (US$9.01M), Nuevo León (US$8.26M), Jalisco (US$2.9M), Querétaro (US$2.67M), and Estado de México (US$2.35M).
In 2018, the main commercial destinations of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Belgium (US$361k), United States (US$66.3k), Oman (US$5.68k), and Guatemala (US$1.59k).
The main commercial origins of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm in 2023 were China (US$10.2M), United States (US$8.49M), Malaysia (US$7.21M), Spain (US$498k), and Latvia (US$184k).
In the global context, the main exporting countries of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm in 2022 were Malaysia (US$431M), China (US$372M), and Belgium (US$262M). In the same year, the main importing countries of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Germany (US$335M), United States (US$227M), and Italy (US$143M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$45.1M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm in Mexico (including international purchases and sales) was US$45.1M.
The visualizations show the net balance of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm 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 sectionNovember, 2024
- US$2.34M, International Purchases
- US$948k, International Sales
In November 2024, international sales of Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were US$948k, while international purchases reached US$2.34M. The above results in a trade balance of -US$1.39M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$434k, State with the Most International Sales (2018)
Belgium: US$361k, Main commercial destination (2018)
In 2018, the states with the highest international sales in Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Ciudad de México (US$434k).
In 2018, the countries with the most international purchases from Mexico were Belgium (US$361k), United States (US$66.3k), Oman (US$5.68k), and Guatemala (US$1.59k).
International Purchases
#permalink to sectionCiudad de México: US$9.01M, State with the Most International Purchases (2023)
China: US$10.2M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Ciudad de México (US$9.01M), Nuevo León (US$8.26M), Jalisco (US$2.9M), Querétaro (US$2.67M), and Estado de México (US$2.35M).
The countries with the most international sales to Mexico in 2023 were China (US$10.2M), United States (US$8.49M), Malaysia (US$7.21M), Spain (US$498k), and Latvia (US$184k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Fiberglass Yarn "Chopped Strands" Length <= 50 Mm and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Fiberglass Yarn "Chopped Strands" Length <= 50 Mm. 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- 0.72%, Mexican share in global exports - 2022
- 2.65%, Mexican share in global imports - 2022
The visualizations show the global market for Fiberglass Yarn "Chopped Strands" Length <= 50 Mm. 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 Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Malaysia (US$431M), China (US$372M), and Belgium (US$262M). In the same year, the main importing countries for Fiberglass Yarn "Chopped Strands" Length <= 50 Mm were Germany (US$335M), United States (US$227M), and Italy (US$143M).