ProceduresGovernment

Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated)

Código 600410 (Harmonized System 2012 by 6 digits)

 2023: US$141M, Total Trade Exchange

2023: US$16.9M, International Sales

  2023: US$125M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) was US$141M.

In 2023, the states with the most international sales in Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Baja California (US$12.5M), Tamaulipas (US$1.15M), Guanajuato (US$811k), Estado de México (US$772k), and Chihuahua (US$275k).

The states with the most international purchases in 2023 were Baja California (US$49.4M), Ciudad de México (US$21M), Estado de México (US$20.9M), Durango (US$6.9M), and Jalisco (US$5.69M).

In 2023, the main commercial destinations of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were United States (US$14.4M), Guatemala (US$679k), Colombia (US$346k), Belize (US$252k), and Nicaragua (US$199k).

The main commercial origins of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2023 were China (US$79.7M), United States (US$24.6M), Colombia (US$9.3M), Taiwan (Republic of China) (US$2.58M), and South Korea (US$1.2M).

In the global context, the main exporting countries of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2022 were China (US$3.82B), Taiwan (Republic of China) (US$832M), and South Korea (US$612M). In the same year, the main importing countries of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Vietnam (US$1.61B), Bangladesh (US$576M), and Cambodia (US$561M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$141M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in Mexico (including international purchases and sales) was US$141M.

The visualizations show the net balance of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) 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 section

November, 2024

  • US$7.72M, International Purchases
  • US$1.14M, International Sales

In November 2024, international sales of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were US$1.14M, while international purchases reached US$7.72M. The above results in a trade balance of -US$6.58M.

Market Concentration

#permalink to section

2024-Q4: US$3.16M, International Sales

The visualization shows the quarterly concentration of international sales of Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) at state level.

In the fourth quarter of 2024, international sales were US$3.16M, being the states with the most sales Baja California (US$3.06M) and Tamaulipas (US$102k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Baja California: US$12.5M, State with the Most International Sales (2023)

United States: US$14.4M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Baja California (US$12.5M), Tamaulipas (US$1.15M), Guanajuato (US$811k), Estado de México (US$772k), and Chihuahua (US$275k).

In 2023, the countries with the most international purchases from Mexico were United States (US$14.4M), Guatemala (US$679k), Colombia (US$346k), Belize (US$252k), and Nicaragua (US$199k).

International Purchases

#permalink to section

Baja California: US$49.4M, State with the Most International Purchases (2023)

China: US$79.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Baja California (US$49.4M), Ciudad de México (US$21M), Estado de México (US$20.9M), Durango (US$6.9M), and Jalisco (US$5.69M).

The countries with the most international sales to Mexico in 2023 were China (US$79.7M), United States (US$24.6M), Colombia (US$9.3M), Taiwan (Republic of China) (US$2.58M), and South Korea (US$1.2M).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated). 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

#permalink to section

  • 0.032%, Mexican share in global exports - 2022
  • 1.18%, Mexican share in global imports - 2022

The visualizations show the global market for Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated). 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 Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were China (US$3.82B), Taiwan (Republic of China) (US$832M), and South Korea (US$612M). In the same year, the main importing countries for Knits Width> 30 Cm, Containing Elastomeric Yarn> = 5% by Weight (Exc with Rubber Threads;. Pile Fabrics, Incl Tissue "Longhair", Looped Pile Fabrics, Of. Point Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Vietnam (US$1.61B), Bangladesh (US$576M), and Cambodia (US$561M).