ProceduresGovernment

Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated)

Código 600330 (Harmonized System 2012 by 6 digits)

 2023: US$3.82M, Total Trade Exchange

2023: US$1.31M, International Sales

  2023: US$2.51M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) was US$3.82M.

In 2023, the states with the most international sales in Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Baja California (US$27.2k) and Tamaulipas (US$20.4k).

The states with the most international purchases in 2023 were Guanajuato (US$807k), Baja California (US$695k), Coahuila de Zaragoza (US$304k), Nuevo León (US$261k), and Estado de México (US$124k).

In 2023, the main commercial destinations of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were United States (US$47.5k).

The main commercial origins of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2023 were United States (US$1.1M), Japan (US$487k), China (US$418k), Spain (US$107k), and Turkey (US$82.6k).

In the global context, the main exporting countries of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in 2022 were China (US$96.9M), Germany (US$56.4M), and Taiwan (Republic of China) (US$33.3M). In the same year, the main importing countries of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Lesotho (US$52.3M), United States (US$28.8M), and Italy (US$25.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$3.82M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) in Mexico (including international purchases and sales) was US$3.82M.

The visualizations show the net balance of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, 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

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November, 2024

  • US$247k, International Purchases
  • US$91.4k, International Sales

In November 2024, international sales of Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were US$91.4k, while international purchases reached US$247k. The above results in a trade balance of -US$155k.

Market Concentration

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2024-Q4: US$494, International Sales

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

In the fourth quarter of 2024, international sales were US$494, being the states with the most sales Tamaulipas (US$494).

Exchange by Territory

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International Sales

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Baja California: US$27.2k, State with the Most International Sales (2023)

United States: US$47.5k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Baja California (US$27.2k) and Tamaulipas (US$20.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$47.5k).

International Purchases

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Guanajuato: US$807k, State with the Most International Purchases (2023)

United States: US$1.1M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Guanajuato (US$807k), Baja California (US$695k), Coahuila de Zaragoza (US$304k), Nuevo León (US$261k), and Estado de México (US$124k).

The countries with the most international sales to Mexico in 2023 were United States (US$1.1M), Japan (US$487k), China (US$418k), Spain (US$107k), and Turkey (US$82.6k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, 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, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, 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

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  • 0.32%, Mexican share in global exports - 2022
  • 0.67%, Mexican share in global imports - 2022

The visualizations show the global market for Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, 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, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were China (US$96.9M), Germany (US$56.4M), and Taiwan (Republic of China) (US$33.3M). In the same year, the main importing countries for Knits, Width <= 30 Cm, Synthetic Fibers (Excl Containing Elastomeric Yarn or Rubber Thread.> = 5% by Weight;. Pile Fabrics, Incl Tissue "Longhair" Looped Pile Fabrics, Knitted or Crocheted, Labels, Badges and Similar Articles, Impregnated, Coated, Covered or Laminated) were Lesotho (US$52.3M), United States (US$28.8M), and Italy (US$25.8M).