Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather
Código 640399 (Harmonized System 2012 by 6 digits)
2023: US$391M, Total Trade Exchange
2023: US$68.7M, International Sales
2023: US$322M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather was US$391M.
In 2023, the states with the most international sales in Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were Guanajuato (US$40.6M), Baja California (US$18.2M), Jalisco (US$5.54M), Ciudad de México (US$1.92M), and Michoacán de Ocampo (US$1.59M).
The states with the most international purchases in 2023 were Ciudad de México (US$204M), Jalisco (US$70.3M), Baja California (US$29.1M), Estado de México (US$13.1M), and Guanajuato (US$2.09M).
In 2023, the main commercial destinations of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were United States (US$55.4M), Guatemala (US$2.98M), El Salvador (US$1.47M), Canada (US$1.29M), and Chile (US$1.28M).
The main commercial origins of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather in 2023 were Vietnam (US$83.7M), China (US$77.6M), Italy (US$64M), Indonesia (US$37.7M), and Spain (US$19.2M).
In the global context, the main exporting countries of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather in 2022 were China (US$7.21B), Vietnam (US$6.18B), and Italy (US$3.83B). In the same year, the main importing countries of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were United States (US$6.93B), Germany (US$3.5B), and France (US$1.89B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$391M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather in Mexico (including international purchases and sales) was US$391M.
The visualizations show the net balance of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather 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 sectionJuly, 2024
- US$36.7M, International Purchases
- US$4.63M, International Sales
In July 2024, international sales of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were US$4.63M, while international purchases reached US$36.7M. The above results in a trade balance of -US$32.1M.
Market Concentration
#permalink to section2024-Q3: US$4.55M, International Sales
The visualization shows the quarterly concentration of international sales of Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather at state level.
In the third quarter of 2024, international sales were US$4.55M, being the states with the most sales Guanajuato (US$2.67M), Baja California (US$1.28M), and Jalisco (US$397k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$40.6M, State with the Most International Sales (2023)
United States: US$55.4M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were Guanajuato (US$40.6M), Baja California (US$18.2M), Jalisco (US$5.54M), Ciudad de México (US$1.92M), and Michoacán de Ocampo (US$1.59M).
In 2023, the countries with the most international purchases from Mexico were United States (US$55.4M), Guatemala (US$2.98M), El Salvador (US$1.47M), Canada (US$1.29M), and Chile (US$1.28M).
International Purchases
#permalink to sectionCiudad de México: US$204M, State with the Most International Purchases (2023)
Vietnam: US$83.7M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were Ciudad de México (US$204M), Jalisco (US$70.3M), Baja California (US$29.1M), Estado de México (US$13.1M), and Guanajuato (US$2.09M).
The countries with the most international sales to Mexico in 2023 were Vietnam (US$83.7M), China (US$77.6M), Italy (US$64M), Indonesia (US$37.7M), and Spain (US$19.2M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather. 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- 0.21%, Mexican share in global exports - 2022
- 0.75%, Mexican share in global imports - 2022
The visualizations show the global market for Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather. 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 Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were China (US$7.21B), Vietnam (US$6.18B), and Italy (US$3.83B). In the same year, the main importing countries for Footwear with Outer Soles of Rubber, Plastics, Leather and Uppers of Leather were United States (US$6.93B), Germany (US$3.5B), and France (US$1.89B).