ProceduresGovernment

Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport)

Código 420329 (Harmonized System 2012 by 6 digits)

 2023: US$27.2M, Total Trade Exchange

2023: US$4.06M, International Sales

  2023: US$23.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) was US$27.2M.

In 2023, the states with the most international sales in Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were Estado de México (US$1.35M), Jalisco (US$575k), San Luis Potosí (US$286k), Ciudad de México (US$206k), and Nuevo León (US$161k).

The states with the most international purchases in 2023 were Nuevo León (US$5.54M), Estado de México (US$5.2M), Querétaro (US$2.64M), Ciudad de México (US$2.27M), and Chihuahua (US$2.14M).

In 2023, the main commercial destinations of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were United States (US$1.02M), Guatemala (US$282k), Honduras (US$244k), Costa Rica (US$217k), and Dominican Republic (US$215k).

The main commercial origins of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) in 2023 were China (US$11.5M), India (US$4.77M), Pakistan (US$3.87M), United States (US$698k), and Indonesia (US$580k).

In the global context, the main exporting countries of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) in 2022 were China (US$542M), Pakistan (US$357M), and India (US$254M). In the same year, the main importing countries of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were United States (US$399M), Germany (US$125M), and Canada (US$122M).

Trade Balance of Mexico

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Net Trade Balance

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US$27.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) in Mexico (including international purchases and sales) was US$27.2M.

The visualizations show the net balance of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) 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$2.18M, International Purchases
  • US$374k, International Sales

In November 2024, international sales of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were US$374k, while international purchases reached US$2.18M. The above results in a trade balance of -US$1.81M.

Market Concentration

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2024-Q4: US$419k, International Sales

The visualization shows the quarterly concentration of international sales of Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) at state level.

In the fourth quarter of 2024, international sales were US$419k, being the states with the most sales Estado de México (US$255k), Jalisco (US$88.6k), and Baja California (US$36.5k).

Exchange by Territory

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International Sales

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Estado de México: US$1.35M, State with the Most International Sales (2023)

United States: US$1.02M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were Estado de México (US$1.35M), Jalisco (US$575k), San Luis Potosí (US$286k), Ciudad de México (US$206k), and Nuevo León (US$161k).

In 2023, the countries with the most international purchases from Mexico were United States (US$1.02M), Guatemala (US$282k), Honduras (US$244k), Costa Rica (US$217k), and Dominican Republic (US$215k).

International Purchases

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Nuevo León: US$5.54M, State with the Most International Purchases (2023)

China: US$11.5M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were Nuevo León (US$5.54M), Estado de México (US$5.2M), Querétaro (US$2.64M), Ciudad de México (US$2.27M), and Chihuahua (US$2.14M).

The countries with the most international sales to Mexico in 2023 were China (US$11.5M), India (US$4.77M), Pakistan (US$3.87M), United States (US$698k), and Indonesia (US$580k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport). 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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  • 0.23%, Mexican share in global exports - 2022
  • 1.02%, Mexican share in global imports - 2022

The visualizations show the global market for Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport). 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 Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were China (US$542M), Pakistan (US$357M), and India (US$254M). In the same year, the main importing countries for Gloves, Mittens and Mitts, of Leather or Composition Leather (Excl. Specially Designed for the Practice of Sport) were United States (US$399M), Germany (US$125M), and Canada (US$122M).