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Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor)

Código 410419 (Harmonized System 2012 by 6 digits)

 2023: US$27.5M, Total Trade Exchange

2023: US$26.5M, International Sales

  2023: US$1.06M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) was US$27.5M.

In 2023, the states with the most international sales in Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were Guanajuato (US$26.4M).

The states with the most international purchases in 2023 were Guanajuato (US$873k).

In 2023, the main commercial destinations of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were Vietnam (US$10.7M), China (US$9.92M), South Korea (US$1.62M), Hong Kong (US$826k), and Spain (US$824k).

The main commercial origins of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) in 2023 were Argentina (US$699k), United States (US$171k), Italy (US$1.42k), and Hong Kong (US$1.37k).

In the global context, the main exporting countries of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) in 2022 were Italy (US$139M), Brazil (US$96.5M), and United States (US$74.3M). In the same year, the main importing countries of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were China (US$161M), Vietnam (US$154M), and Italy (US$104M).

Trade Balance of Mexico

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Net Trade Balance

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US$27.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) in Mexico (including international purchases and sales) was US$27.5M.

The visualizations show the net balance of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) 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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July, 2024

  • US$27.9k, International Purchases
  • US$1.2M, International Sales

In July 2024, international sales of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were US$1.2M, while international purchases reached US$27.9k. The above results in a trade balance of US$1.17M.

Market Concentration

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2024-Q3: US$1.2M, International Sales

The visualization shows the quarterly concentration of international sales of Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) at state level.

In the third quarter of 2024, international sales were US$1.2M, being the states with the most sales Guanajuato (US$1.2M).

Exchange by Territory

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International Sales

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Guanajuato: US$26.4M, State with the Most International Sales (2023)

Vietnam: US$10.7M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were Guanajuato (US$26.4M).

In 2023, the countries with the most international purchases from Mexico were Vietnam (US$10.7M), China (US$9.92M), South Korea (US$1.62M), Hong Kong (US$826k), and Spain (US$824k).

International Purchases

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Guanajuato: US$873k, State with the Most International Purchases (2023)

Argentina: US$699k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were Guanajuato (US$873k).

The countries with the most international sales to Mexico in 2023 were Argentina (US$699k), United States (US$171k), Italy (US$1.42k), and Hong Kong (US$1.37k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor). 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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  • 2.74%, Mexican share in global exports - 2022
  • 0.22%, Mexican share in global imports - 2022

The visualizations show the global market for Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor). 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 Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were Italy (US$139M), Brazil (US$96.5M), and United States (US$74.3M). In the same year, the main importing countries for Hides and Skins of Bovine Incl. Buffalo or Equine Animals, in the Wet State Incl. the "Wet Blue", Tanned, without Hair, Incl. Split (Excl. further Prepared, as well as full Unsplit or Split with Flor) were China (US$161M), Vietnam (US$154M), and Italy (US$104M).