Flat Knitting Machines; Stitch-Bonding Machines
Código 844720 (Harmonized System 2012 by 6 digits)
2021: US$80.3k, International Sales
2023: US$6.62M, International Purchases
In 2021, the states with the most international sales in Flat Knitting Machines; Stitch-Bonding Machines were Estado de México (US$71.5k).
The states with the most international purchases in 2023 were Hidalgo (US$1.12M), Estado de México (US$869k), Guanajuato (US$602k), Ciudad de México (US$400k), and Jalisco (US$374k).
In 2021, the main commercial destinations of Flat Knitting Machines; Stitch-Bonding Machines were United States (US$43.7k), Hong Kong (US$26k), and Egypt (US$1.8k).
The main commercial origins of Flat Knitting Machines; Stitch-Bonding Machines in 2023 were China (US$2.64M), Germany (US$389k), Taiwan (Republic of China) (US$266k), Japan (US$242k), and Switzerland (US$131k).
In the global context, the main exporting countries of Flat Knitting Machines; Stitch-Bonding Machines in 2022 were China (US$319M), Japan (US$188M), and Germany (US$168M). In the same year, the main importing countries of Flat Knitting Machines; Stitch-Bonding Machines were Turkey (US$109M), Bangladesh (US$97.3M), and India (US$80.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionThe visualizations show the net balance of Flat Knitting Machines; Stitch-Bonding Machines 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$2.32M, International Purchases
In November 2024, international sales of Flat Knitting Machines; Stitch-Bonding Machines were US$0, while international purchases reached US$2.32M. The above results in a trade balance of -US$2.32M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionEstado de México: US$71.5k, State with the Most International Sales (2021)
United States: US$43.7k, Main commercial destination (2021)
In 2021, the states with the highest international sales in Flat Knitting Machines; Stitch-Bonding Machines were Estado de México (US$71.5k).
In 2021, the countries with the most international purchases from Mexico were United States (US$43.7k), Hong Kong (US$26k), and Egypt (US$1.8k).
International Purchases
#permalink to sectionHidalgo: US$1.12M, State with the Most International Purchases (2023)
China: US$2.64M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flat Knitting Machines; Stitch-Bonding Machines were Hidalgo (US$1.12M), Estado de México (US$869k), Guanajuato (US$602k), Ciudad de México (US$400k), and Jalisco (US$374k).
The countries with the most international sales to Mexico in 2023 were China (US$2.64M), Germany (US$389k), Taiwan (Republic of China) (US$266k), Japan (US$242k), and Switzerland (US$131k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flat Knitting Machines; Stitch-Bonding Machines and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Flat Knitting Machines; Stitch-Bonding Machines. 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- 0.022%, Mexican share in global exports - 2022
- 0.98%, Mexican share in global imports - 2022
The visualizations show the global market for Flat Knitting Machines; Stitch-Bonding Machines. 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 Flat Knitting Machines; Stitch-Bonding Machines were China (US$319M), Japan (US$188M), and Germany (US$168M). In the same year, the main importing countries for Flat Knitting Machines; Stitch-Bonding Machines were Turkey (US$109M), Bangladesh (US$97.3M), and India (US$80.9M).