Household Sewing Machines
Código 845210 (Harmonized System 2012 by 6 digits)
2023: US$15M, Total Trade Exchange
2023: US$329k, International Sales
2023: US$14.6M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Household Sewing Machines was US$15M.
In 2023, the states with the most international sales in Household Sewing Machines were Quintana Roo (US$1.21k) and Ciudad de México (US$321).
The states with the most international purchases in 2023 were Ciudad de México (US$14.2M), Estado de México (US$10.1k), Chihuahua (US$7.86k), Baja California (US$5.62k), and Coahuila de Zaragoza (US$408).
In 2023, the main commercial destinations of Household Sewing Machines were Cuba (US$1.53k) and China (US$1).
The main commercial origins of Household Sewing Machines in 2023 were Vietnam (US$12.1M), Taiwan (Republic of China) (US$998k), China (US$960k), Thailand (US$241k), and United States (US$4.41k).
In the global context, the main exporting countries of Household Sewing Machines in 2022 were Vietnam (US$394M), China (US$245M), and Thailand (US$121M). In the same year, the main importing countries of Household Sewing Machines were United States (US$272M), Germany (US$120M), and Poland (US$54.1M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$15M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Household Sewing Machines in Mexico (including international purchases and sales) was US$15M.
The visualizations show the net balance of Household Sewing 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
#permalink to sectionNovember, 2024
- US$1.43M, International Purchases
- US$3.57k, International Sales
In November 2024, international sales of Household Sewing Machines were US$3.57k, while international purchases reached US$1.43M. The above results in a trade balance of -US$1.42M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionQuintana Roo: US$1.21k, State with the Most International Sales (2023)
Cuba: US$1.53k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Household Sewing Machines were Quintana Roo (US$1.21k) and Ciudad de México (US$321).
In 2023, the countries with the most international purchases from Mexico were Cuba (US$1.53k) and China (US$1).
International Purchases
#permalink to sectionCiudad de México: US$14.2M, State with the Most International Purchases (2023)
Vietnam: US$12.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Household Sewing Machines were Ciudad de México (US$14.2M), Estado de México (US$10.1k), Chihuahua (US$7.86k), Baja California (US$5.62k), and Coahuila de Zaragoza (US$408).
The countries with the most international sales to Mexico in 2023 were Vietnam (US$12.1M), Taiwan (Republic of China) (US$998k), China (US$960k), Thailand (US$241k), and United States (US$4.41k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Household Sewing Machines and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Household Sewing 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.063%, Mexican share in global exports - 2022
- 1.52%, Mexican share in global imports - 2022
The visualizations show the global market for Household Sewing 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 Household Sewing Machines were Vietnam (US$394M), China (US$245M), and Thailand (US$121M). In the same year, the main importing countries for Household Sewing Machines were United States (US$272M), Germany (US$120M), and Poland (US$54.1M).