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Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines

Código 845290 (Harmonized System 2012 by 6 digits)

 2023: US$29.3M, Total Trade Exchange

2023: US$713k, International Sales

  2023: US$28.6M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines was US$29.3M.

In 2023, the states with the most international sales in Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were Guanajuato (US$353k), Estado de México (US$113k), Baja California (US$57k), Tamaulipas (US$49.9k), and Coahuila de Zaragoza (US$20.8k).

The states with the most international purchases in 2023 were Ciudad de México (US$5M), Chihuahua (US$4.61M), Coahuila de Zaragoza (US$3.85M), Nuevo León (US$2.79M), and Tamaulipas (US$2.13M).

In 2023, the main commercial destinations of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were United States (US$477k), Colombia (US$51.9k), Germany (US$40.3k), Tunisia (US$20.5k), and Panama (US$6.63k).

The main commercial origins of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines in 2023 were Japan (US$10.6M), United States (US$5.29M), Germany (US$5.1M), China (US$3.91M), and Taiwan (Republic of China) (US$1.04M).

In the global context, the main exporting countries of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines in 2022 were China (US$389M), Taiwan (Republic of China) (US$129M), and Japan (US$128M). In the same year, the main importing countries of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were United States (US$108M), Vietnam (US$100M), and Japan (US$93M).

Trade Balance of Mexico

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Net Trade Balance

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US$29.3M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines in Mexico (including international purchases and sales) was US$29.3M.

The visualizations show the net balance of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing 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

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November, 2024

  • US$2.87M, International Purchases
  • US$636k, International Sales

In November 2024, international sales of Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were US$636k, while international purchases reached US$2.87M. The above results in a trade balance of -US$2.23M.

Exchange by Territory

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International Sales

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Guanajuato: US$353k, State with the Most International Sales (2023)

United States: US$477k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were Guanajuato (US$353k), Estado de México (US$113k), Baja California (US$57k), Tamaulipas (US$49.9k), and Coahuila de Zaragoza (US$20.8k).

In 2023, the countries with the most international purchases from Mexico were United States (US$477k), Colombia (US$51.9k), Germany (US$40.3k), Tunisia (US$20.5k), and Panama (US$6.63k).

International Purchases

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Ciudad de México: US$5M, State with the Most International Purchases (2023)

Japan: US$10.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were Ciudad de México (US$5M), Chihuahua (US$4.61M), Coahuila de Zaragoza (US$3.85M), Nuevo León (US$2.79M), and Tamaulipas (US$2.13M).

The countries with the most international sales to Mexico in 2023 were Japan (US$10.6M), United States (US$5.29M), Germany (US$5.1M), China (US$3.91M), and Taiwan (Republic of China) (US$1.04M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing 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.

Origins and Trade Destinations

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  • 0.03%, Mexican share in global exports - 2022
  • 2.67%, Mexican share in global imports - 2022

The visualizations show the global market for Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing 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 Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were China (US$389M), Taiwan (Republic of China) (US$129M), and Japan (US$128M). In the same year, the main importing countries for Furniture, Bases and Covers for Sewing Machines and Parts Thereof, other Parts Sewing Machines were United States (US$108M), Vietnam (US$100M), and Japan (US$93M).