ProceduresGovernment

Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines)

Código 844790 (Harmonized System 2012 by 6 digits)

 2023: US$34.1M, Total Trade Exchange

2023: US$3.55M, International Sales

  2023: US$30.5M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) was US$34.1M.

In 2023, the states with the most international sales in Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were Baja California (US$660k) and Sonora (US$450k).

The states with the most international purchases in 2023 were Ciudad de México (US$12.1M), Baja California (US$4.81M), Coahuila de Zaragoza (US$3.12M), Puebla (US$1.8M), and Guanajuato (US$1.49M).

In 2023, the main commercial destinations of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were United States (US$824k) and Canada (US$286k).

The main commercial origins of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) in 2023 were China (US$14.7M), Japan (US$8.02M), Spain (US$2.04M), Taiwan (Republic of China) (US$1.12M), and United States (US$961k).

In the global context, the main exporting countries of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) in 2022 were China (US$530M), Japan (US$192M), and Taiwan (Republic of China) (US$82.1M). In the same year, the main importing countries of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were India (US$247M), United States (US$208M), and Pakistan (US$47.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$34.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) in Mexico (including international purchases and sales) was US$34.1M.

The visualizations show the net balance of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras 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$1.68M, International Purchases

In November 2024, international sales of Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were US$0, while international purchases reached US$1.68M. The above results in a trade balance of -US$1.68M.

Exchange by Territory

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International Sales

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Baja California: US$660k, State with the Most International Sales (2023)

United States: US$824k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were Baja California (US$660k) and Sonora (US$450k).

In 2023, the countries with the most international purchases from Mexico were United States (US$824k) and Canada (US$286k).

International Purchases

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Ciudad de México: US$12.1M, State with the Most International Purchases (2023)

China: US$14.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were Ciudad de México (US$12.1M), Baja California (US$4.81M), Coahuila de Zaragoza (US$3.12M), Puebla (US$1.8M), and Guanajuato (US$1.49M).

The countries with the most international sales to Mexico in 2023 were China (US$14.7M), Japan (US$8.02M), Spain (US$2.04M), Taiwan (Republic of China) (US$1.12M), and United States (US$961k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras 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
  • 2.41%, Mexican share in global imports - 2022

The visualizations show the global market for Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras 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 Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were China (US$530M), Japan (US$192M), and Taiwan (Republic of China) (US$82.1M). In the same year, the main importing countries for Gimped Machines, Para Tulle, Lace, Embroidery, Trimmings, Braid or Tufting (Exc. Stitchers-Bordadoras Machines) were India (US$247M), United States (US$208M), and Pakistan (US$47.8M).