Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T)
Código 610510 (Harmonized System 2012 by 6 digits)
2023: US$129M, Total Trade Exchange
2023: US$22.1M, International Sales
2023: US$107M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) was US$129M.
In 2023, the states with the most international sales in Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were Baja California (US$11.8M), Guanajuato (US$1.87M), Coahuila de Zaragoza (US$959k), Estado de México (US$497k), and Ciudad de México (US$438k).
The states with the most international purchases in 2023 were Ciudad de México (US$60M), Estado de México (US$22.8M), Baja California (US$11.9M), Jalisco (US$5.16M), and Nuevo León (US$780k).
In 2023, the main commercial destinations of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were United States (US$14.8M), Canada (US$382k), El Salvador (US$198k), Cuba (US$100k), and Chile (US$68.3k).
The main commercial origins of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) in 2023 were Peru (US$16.8M), India (US$15.5M), Bangladesh (US$15.3M), Vietnam (US$13.3M), and China (US$12.5M).
In the global context, the main exporting countries of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) in 2022 were Bangladesh (US$1.24B), China (US$730M), and India (US$555M). In the same year, the main importing countries of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were United States (US$1.22B), Germany (US$627M), and United Kingdom (US$383M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$129M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) in Mexico (including international purchases and sales) was US$129M.
The visualizations show the net balance of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) 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$8.36M, International Purchases
- US$2.04M, International Sales
In November 2024, international sales of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were US$2.04M, while international purchases reached US$8.36M. The above results in a trade balance of -US$6.32M.
Market Concentration
#permalink to section2024-Q4: US$2.73M, International Sales
The visualization shows the quarterly concentration of international sales of Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) at state level.
In the fourth quarter of 2024, international sales were US$2.73M, being the states with the most sales Baja California (US$2.3M), Coahuila de Zaragoza (US$207k), and Ciudad de México (US$125k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$11.8M, State with the Most International Sales (2023)
United States: US$14.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were Baja California (US$11.8M), Guanajuato (US$1.87M), Coahuila de Zaragoza (US$959k), Estado de México (US$497k), and Ciudad de México (US$438k).
In 2023, the countries with the most international purchases from Mexico were United States (US$14.8M), Canada (US$382k), El Salvador (US$198k), Cuba (US$100k), and Chile (US$68.3k).
International Purchases
#permalink to sectionCiudad de México: US$60M, State with the Most International Purchases (2023)
Peru: US$16.8M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were Ciudad de México (US$60M), Estado de México (US$22.8M), Baja California (US$11.9M), Jalisco (US$5.16M), and Nuevo León (US$780k).
The countries with the most international sales to Mexico in 2023 were Peru (US$16.8M), India (US$15.5M), Bangladesh (US$15.3M), Vietnam (US$13.3M), and China (US$12.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T). 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- 0.16%, Mexican share in global exports - 2022
- 1.64%, Mexican share in global imports - 2022
The visualizations show the global market for Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T). 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 Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were Bangladesh (US$1.24B), China (US$730M), and India (US$555M). In the same year, the main importing countries for Knit Shirts, of Cotton, Knitted or Crocheted (Excl. Nightshirts, "T-Shirts" and T) were United States (US$1.22B), Germany (US$627M), and United Kingdom (US$383M).