ProceduresGovernment

Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items

Código 6702 (Harmonized System 2012 by 4 digits)

 2023: US$54.7M, Total Trade Exchange

2023: US$4.13M, International Sales

  2023: US$50.6M, 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 Items was US$54.7M.

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 Items were Baja California (US$3.78M), Nuevo León (US$98k), Jalisco (US$50.3k), Ciudad de México (US$40.5k), and Quintana Roo (US$16.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$21.4M), Jalisco (US$9.65M), Sinaloa (US$4.78M), Nuevo León (US$4.68M), and Estado de México (US$4.54M).

In 2023, the main commercial destinations of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items were United States (US$3.95M), 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 Items in 2023 were China (US$48.9M), Vietnam (US$413k), United States (US$361k), Hong Kong (US$116k), and India (US$115k).

In the global context, the main exporting countries of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items in 2022 were China (US$4.55B), Netherlands (US$81M), and Germany (US$79.2M). In the same year, the main importing countries of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items were United States (US$1.79B), Germany (US$223M), and United Kingdom (US$220M).

Trade Balance of Mexico

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Net Trade Balance

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US$54.7M, 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 Items in Mexico (including international purchases and sales) was US$54.7M.

The visualizations show the net balance of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items 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$7.07M, International Purchases
  • US$528k, International Sales

In July 2024, international sales of Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items were US$528k, while international purchases reached US$7.07M. The above results in a trade balance of -US$6.54M.

Market Concentration

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2024-Q3: US$516k, 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 Items at state level.

In the third quarter of 2024, international sales were US$516k, being the states with the most sales Baja California (US$516k).

Exchange by Territory

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International Sales

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Baja California: US$3.78M, State with the Most International Sales (2023)

United States: US$3.95M, 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 Items were Baja California (US$3.78M), Nuevo León (US$98k), Jalisco (US$50.3k), Ciudad de México (US$40.5k), and Quintana Roo (US$16.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$3.95M), Dominican Republic (US$14.9k), Venezuela (US$8.99k), Jamaica (US$8.52k), and Cuba (US$5.44k).

International Purchases

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Ciudad de México: US$21.4M, State with the Most International Purchases (2023)

China: US$48.9M, 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 Items were Ciudad de México (US$21.4M), Jalisco (US$9.65M), Sinaloa (US$4.78M), Nuevo León (US$4.68M), and Estado de México (US$4.54M).

The countries with the most international sales to Mexico in 2023 were China (US$48.9M), Vietnam (US$413k), United States (US$361k), Hong Kong (US$116k), and India (US$115k).

Specialization

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Specialization by State

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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 Items  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 Items. 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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  • 0.12%, Mexican share in global exports - 2022
  • 2.41%, 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 Items. 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 Items were China (US$4.55B), Netherlands (US$81M), and Germany (US$79.2M). In the same year, the main importing countries for Flowers, Foliage and Fruit Artificial Parts Thereof; made of Artificial Flowers, Foliage or Fruit, Artificial Items were United States (US$1.79B), Germany (US$223M), and United Kingdom (US$220M).