ProceduresGovernment

Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic

Código 670210 (Harmonized System 2012 by 6 digits)

 2023: US$34.6M, Total Trade Exchange

2023: US$4M, International Sales

  2023: US$30.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic was US$34.6M.

In 2023, the states with the most international sales in Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were Baja California (US$3.72M), Nuevo León (US$97.8k), Ciudad de México (US$24.7k), Jalisco (US$24.2k), and Quintana Roo (US$16.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$14.5M), Nuevo León (US$4.01M), Sinaloa (US$3.75M), Estado de México (US$2.91M), and Jalisco (US$1.59M).

In 2023, the main commercial destinations of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were United States (US$3.84M), Dominican Republic (US$14.9k), Venezuela (US$8.99k), Jamaica (US$8.52k), and Cuba (US$5.44k).

The main commercial origins of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic in 2023 were China (US$29.7M), Vietnam (US$413k), United States (US$298k), Hong Kong (US$57k), and Thailand (US$15.7k).

In the global context, the main exporting countries of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic in 2022 were China (US$2.78B), Germany (US$54M), and Netherlands (US$45.7M). In the same year, the main importing countries of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were United States (US$940M), Germany (US$147M), and United Kingdom (US$140M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$34.6M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic in Mexico (including international purchases and sales) was US$34.6M.

The visualizations show the net balance of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic 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 section

November, 2024

  • US$3.23M, International Purchases
  • US$1.33M, International Sales

In November 2024, international sales of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were US$1.33M, while international purchases reached US$3.23M. The above results in a trade balance of -US$1.9M.

Market Concentration

#permalink to section

2024-Q4: US$1.81M, International Sales

The visualization shows the quarterly concentration of international sales of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic at state level.

In the fourth quarter of 2024, international sales were US$1.81M, being the states with the most sales Baja California (US$1.8M) and Chihuahua (US$12.4k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$3.72M, State with the Most International Sales (2023)

United States: US$3.84M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were Baja California (US$3.72M), Nuevo León (US$97.8k), Ciudad de México (US$24.7k), Jalisco (US$24.2k), and Quintana Roo (US$16.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.84M), Dominican Republic (US$14.9k), Venezuela (US$8.99k), Jamaica (US$8.52k), and Cuba (US$5.44k).

International Purchases

#permalink to section

Ciudad de México: US$14.5M, State with the Most International Purchases (2023)

China: US$29.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were Ciudad de México (US$14.5M), Nuevo León (US$4.01M), Sinaloa (US$3.75M), Estado de México (US$2.91M), and Jalisco (US$1.59M).

The countries with the most international sales to Mexico in 2023 were China (US$29.7M), Vietnam (US$413k), United States (US$298k), Hong Kong (US$57k), and Thailand (US$15.7k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic. 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

#permalink to section

  • 0.14%, Mexican share in global exports - 2022
  • 2.8%, Mexican share in global imports - 2022

The visualizations show the global market for Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic. 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 Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were China (US$2.78B), Germany (US$54M), and Netherlands (US$45.7M). In the same year, the main importing countries for Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit Artificial by Binding, Glueing, Fitting into Similar Articles or other Procedures., Plastic were United States (US$940M), Germany (US$147M), and United Kingdom (US$140M).