ProceduresGovernment

Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary)

Código 940389 (Harmonized System 2012 by 6 digits)

 2023: US$53.9M, Total Trade Exchange

2023: US$13.4M, International Sales

  2023: US$40.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) was US$53.9M.

In 2023, the states with the most international sales in Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were Estado de México (US$6.59M), Ciudad de México (US$2.19M), Jalisco (US$1.7M), Nuevo León (US$1.2M), and Baja California (US$877k).

The states with the most international purchases in 2023 were Ciudad de México (US$20M), Estado de México (US$6.27M), Nuevo León (US$4.92M), Sinaloa (US$3.27M), and Jalisco (US$1.91M).

In 2023, the main commercial destinations of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were United States (US$12.7M), Sweden (US$79.9k), Saint Barthélemy (US$61.4k), Canada (US$60.7k), and Guatemala (US$56.8k).

The main commercial origins of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) in 2023 were China (US$28.2M), Italy (US$4.14M), United States (US$2.04M), Vietnam (US$1.4M), and Spain (US$1.06M).

In the global context, the main exporting countries of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) in 2022 were China (US$2.27B), Italy (US$478M), and Vietnam (US$327M). In the same year, the main importing countries of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were United States (US$1.47B), United Kingdom (US$143M), and Canada (US$135M).

Trade Balance of Mexico

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Net Trade Balance

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US$53.9M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) in Mexico (including international purchases and sales) was US$53.9M.

The visualizations show the net balance of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) 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$4.46M, International Purchases
  • US$683k, International Sales

In July 2024, international sales of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were US$683k, while international purchases reached US$4.46M. The above results in a trade balance of -US$3.78M.

Market Concentration

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2024-Q3: US$456k, International Sales

The visualization shows the quarterly concentration of international sales of Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) at state level.

In the third quarter of 2024, international sales were US$456k, being the states with the most sales Jalisco (US$130k), Ciudad de México (US$97k), and Estado de México (US$84.7k).

Exchange by Territory

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International Sales

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Estado de México: US$6.59M, State with the Most International Sales (2023)

United States: US$12.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were Estado de México (US$6.59M), Ciudad de México (US$2.19M), Jalisco (US$1.7M), Nuevo León (US$1.2M), and Baja California (US$877k).

In 2023, the countries with the most international purchases from Mexico were United States (US$12.7M), Sweden (US$79.9k), Saint Barthélemy (US$61.4k), Canada (US$60.7k), and Guatemala (US$56.8k).

International Purchases

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Ciudad de México: US$20M, State with the Most International Purchases (2023)

China: US$28.2M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were Ciudad de México (US$20M), Estado de México (US$6.27M), Nuevo León (US$4.92M), Sinaloa (US$3.27M), and Jalisco (US$1.91M).

The countries with the most international sales to Mexico in 2023 were China (US$28.2M), Italy (US$4.14M), United States (US$2.04M), Vietnam (US$1.4M), and Spain (US$1.06M).

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 of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary). 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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  • 0.75%, Mexican share in global exports - 2022
  • 1.04%, Mexican share in global imports - 2022

The visualizations show the global market for Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary). 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 of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were China (US$2.27B), Italy (US$478M), and Vietnam (US$327M). In the same year, the main importing countries for Furniture of other Materials, Including Cane, Osier or Similar Materials (Excl. of Bamboo, "Rattan" Metal, Wood and Plastic, Furniture Seats and Medical, Surgical, Dental and Veterinary) were United States (US$1.47B), United Kingdom (US$143M), and Canada (US$135M).