Glass and Glassware
Code 70 (Harmonized System 2012 by 2 digits)
2023: US$4.34B, Total Trade Exchange
2023: US$2.37B, International Sales
2023: US$1.97B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Glass and Glassware was US$4.34B.
In 2023, the states with the most international sales in Glass and Glassware were Nuevo León (US$792M), Morelos (US$257M), Baja California (US$232M), Tamaulipas (US$200M), and Tlaxcala (US$187M).
The states with the most international purchases in 2023 were Nuevo León (US$388M), Ciudad de México (US$344M), Chihuahua (US$174M), Jalisco (US$138M), and Tamaulipas (US$136M).
In 2023, the main commercial destinations of Glass and Glassware were United States (US$1.97B), Brazil (US$74.4M), Canada (US$48.6M), Colombia (US$35.9M), and Puerto Rico (US$27.8M).
The main commercial origins of Glass and Glassware in 2023 were United States (US$989M), China (US$521M), India (US$52.1M), Germany (US$50.6M), and Italy (US$33.9M).
In the global context, the main exporting countries of Glass and Glassware in 2022 were China (US$24.3B), Germany (US$7.69B), and United States (US$6.58B). In the same year, the main importing countries of Glass and Glassware were United States (US$10.5B), Germany (US$6.11B), and China (US$5.06B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$4.34B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Glass and Glassware in Mexico (including international purchases and sales) was US$4.34B.
The visualizations show the net balance of Glass and Glassware 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 sectionNovember, 2024
- US$207M, International Sales
- US$181M, International Purchases
In November 2024, international sales of Glass and Glassware were US$207M and a total of US$181M in international purchases. For this month the net trade balance of Glass and Glassware it was of US$26.2M.
Market Concentration
#permalink to section2024-Q4: US$397M, International Sales
The visualization shows the quarterly concentration of international sales of Glass and Glassware at state level.
In the fourth quarter of 2024, international sales were US$397M, being the states with the most sales Nuevo León (US$122M), Baja California (US$41.3M), and Morelos (US$40.8M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$792M, State with the Most International Sales (2023)
United States: US$1.97B, Main commercial destination (2023)
In 2023, the states with the highest international sales in Glass and Glassware were Nuevo León (US$792M), Morelos (US$257M), Baja California (US$232M), Tamaulipas (US$200M), and Tlaxcala (US$187M).
In 2023, the countries with the most international purchases from Mexico were United States (US$1.97B), Brazil (US$74.4M), Canada (US$48.6M), Colombia (US$35.9M), and Puerto Rico (US$27.8M).
International Purchases
#permalink to sectionNuevo León: US$388M, State with the Most International Purchases (2023)
United States: US$989M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Glass and Glassware were Nuevo León (US$388M), Ciudad de México (US$344M), Chihuahua (US$174M), Jalisco (US$138M), and Tamaulipas (US$136M).
The countries with the most international sales to Mexico in 2023 were United States (US$989M), China (US$521M), India (US$52.1M), Germany (US$50.6M), and Italy (US$33.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Glass and Glassware and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Glass and Glassware. 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- 2.73%, Mexican share in global exports - 2022
- 1.86%, Mexican share in global imports - 2022
The visualizations show the global market for Glass and Glassware. 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 Glass and Glassware were China (US$24.3B), Germany (US$7.69B), and United States (US$6.58B). In the same year, the main importing countries for Glass and Glassware were United States (US$10.5B), Germany (US$6.11B), and China (US$5.06B).