Garments made with Knits of Items 5903, 5906 or 5907
Código 6113 (Harmonized System 2012 by 4 digits)
2023: US$14.5M, Total Trade Exchange
2023: US$1.72M, International Sales
2023: US$12.8M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Garments made with Knits of Items 5903, 5906 or 5907 was US$14.5M.
In 2023, the states with the most international sales in Garments made with Knits of Items 5903, 5906 or 5907 were Baja California (US$1.67M), Ciudad de México (US$34.4k), and Estado de México (US$7.65k).
The states with the most international purchases in 2023 were Ciudad de México (US$7.37M), Jalisco (US$1.72M), Baja California (US$1.43M), Estado de México (US$1.02M), and Quintana Roo (US$109k).
In 2023, the main commercial destinations of Garments made with Knits of Items 5903, 5906 or 5907 were United States (US$1.68M), Guatemala (US$19.8k), Chile (US$7.11k), Panama (US$234), and El Salvador (US$171).
The main commercial origins of Garments made with Knits of Items 5903, 5906 or 5907 in 2023 were China (US$7.03M), Cambodia (US$2.01M), Morocco (US$763k), Burma (US$558k), and Vietnam (US$432k).
In the global context, the main exporting countries of Garments made with Knits of Items 5903, 5906 or 5907 in 2022 were China (US$612M), Cambodia (US$172M), and Vietnam (US$142M). In the same year, the main importing countries of Garments made with Knits of Items 5903, 5906 or 5907 were United States (US$332M), Germany (US$249M), and France (US$137M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$14.5M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Garments made with Knits of Items 5903, 5906 or 5907 in Mexico (including international purchases and sales) was US$14.5M.
The visualizations show the net balance of Garments made with Knits of Items 5903, 5906 or 5907 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$2.01M, International Purchases
- US$394k, International Sales
In July 2024, international sales of Garments made with Knits of Items 5903, 5906 or 5907 were US$394k, while international purchases reached US$2.01M. The above results in a trade balance of -US$1.62M.
Market Concentration
#permalink to section2024-Q3: US$392k, International Sales
The visualization shows the quarterly concentration of international sales of Garments made with Knits of Items 5903, 5906 or 5907 at state level.
In the third quarter of 2024, international sales were US$392k, being the states with the most sales Baja California (US$392k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$1.67M, State with the Most International Sales (2023)
United States: US$1.68M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Garments made with Knits of Items 5903, 5906 or 5907 were Baja California (US$1.67M), Ciudad de México (US$34.4k), and Estado de México (US$7.65k).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.68M), Guatemala (US$19.8k), Chile (US$7.11k), Panama (US$234), and El Salvador (US$171).
International Purchases
#permalink to sectionCiudad de México: US$7.37M, State with the Most International Purchases (2023)
China: US$7.03M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Garments made with Knits of Items 5903, 5906 or 5907 were Ciudad de México (US$7.37M), Jalisco (US$1.72M), Baja California (US$1.43M), Estado de México (US$1.02M), and Quintana Roo (US$109k).
The countries with the most international sales to Mexico in 2023 were China (US$7.03M), Cambodia (US$2.01M), Morocco (US$763k), Burma (US$558k), and Vietnam (US$432k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Garments made with Knits of Items 5903, 5906 or 5907 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Garments made with Knits of Items 5903, 5906 or 5907. 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- 0.13%, Mexican share in global exports - 2022
- 0.75%, Mexican share in global imports - 2022
The visualizations show the global market for Garments made with Knits of Items 5903, 5906 or 5907. 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 Garments made with Knits of Items 5903, 5906 or 5907 were China (US$612M), Cambodia (US$172M), and Vietnam (US$142M). In the same year, the main importing countries for Garments made with Knits of Items 5903, 5906 or 5907 were United States (US$332M), Germany (US$249M), and France (US$137M).