ProceduresGovernment

Hemp Yarn

Código 530820 (Harmonized System 2012 by 6 digits)

2016: US$131, International Sales

  2023: US$14.9k, International Purchases

In 2007, the states with the most international sales in Hemp Yarn were Ciudad de México (US$511).

The states with the most international purchases in 2023 were Puebla (US$7.54k).

In 2007, the main commercial destinations of Hemp Yarn were Guatemala (US$495) and Nicaragua (US$16).

The main commercial origins of Hemp Yarn in 2023 were Italy (US$7.38k), China (US$87), and Germany (US$70).

In the global context, the main exporting countries of Hemp Yarn in 2022 were China (US$15.6M), Romania (US$1.08M), and Italy (US$819k). In the same year, the main importing countries of Hemp Yarn were India (US$3.97M), South Korea (US$2.36M), and Italy (US$2.09M).

Trade Balance of Mexico

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Net Trade Balance

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The visualizations show the net balance of Hemp Yarn 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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August, 2023: US$3k, International Purchases

In August 2023, international sales of Hemp Yarn were US$0, while international purchases reached US$3k. The above results in a trade balance of -US$3k.

Exchange by Territory

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International Sales

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Ciudad de México: US$511, State with the Most International Sales (2007)

Guatemala: US$495, Main commercial destination (2007)

In 2007, the states with the highest international sales in Hemp Yarn were Ciudad de México (US$511).

In 2007, the countries with the most international purchases from Mexico were Guatemala (US$495) and Nicaragua (US$16).

International Purchases

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Puebla: US$7.54k, State with the Most International Purchases (2023)

Italy: US$7.38k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hemp Yarn were Puebla (US$7.54k).

The countries with the most international sales to Mexico in 2023 were Italy (US$7.38k), China (US$87), and Germany (US$70).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hemp Yarn  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hemp Yarn. 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%, Mexican share in global exports - 2022
  • 0.00001%, Mexican share in global imports - 2022

The visualizations show the global market for Hemp Yarn. 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 Hemp Yarn were China (US$15.6M), Romania (US$1.08M), and Italy (US$819k). In the same year, the main importing countries for Hemp Yarn were India (US$3.97M), South Korea (US$2.36M), and Italy (US$2.09M).