ProceduresGovernment

Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering

Código 5807 (Harmonized System 2012 by 4 digits)

 2023: US$30.1M, Total Trade Exchange

2023: US$16.8M, International Sales

  2023: US$13.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering was US$30.1M.

In 2023, the states with the most international sales in Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were Aguascalientes (US$11.6M), Sonora (US$2.42M), Baja California (US$972k), Chihuahua (US$585k), and Ciudad de México (US$255k).

The states with the most international purchases in 2023 were Baja California (US$2.53M), Ciudad de México (US$1.27M), Querétaro (US$1.24M), Chihuahua (US$1.14M), and Coahuila de Zaragoza (US$948k).

In 2023, the main commercial destinations of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were United States (US$15.8M), Canada (US$217k), Nicaragua (US$135k), Guatemala (US$92.9k), and Colombia (US$52k).

The main commercial origins of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering in 2023 were United States (US$6.68M), China (US$2.97M), Peru (US$463k), Canada (US$431k), and Germany (US$313k).

In the global context, the main exporting countries of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering in 2022 were China (US$468M), Hong Kong (US$166M), and Italy (US$77.9M). In the same year, the main importing countries of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were Vietnam (US$137M), Hong Kong (US$119M), and Indonesia (US$89.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$30.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering in Mexico (including international purchases and sales) was US$30.1M.

The visualizations show the net balance of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering 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$2.01M, International Purchases
  • US$1.61M, International Sales

In July 2024, international sales of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were US$1.61M, while international purchases reached US$2.01M. The above results in a trade balance of -US$398k.

Market Concentration

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2024-Q3: US$599k, International Sales

The visualization shows the quarterly concentration of international sales of Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering at state level.

In the third quarter of 2024, international sales were US$599k, being the states with the most sales Sonora (US$323k), Baja California (US$109k), and Chihuahua (US$69k).

Exchange by Territory

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International Sales

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Aguascalientes: US$11.6M, State with the Most International Sales (2023)

United States: US$15.8M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were Aguascalientes (US$11.6M), Sonora (US$2.42M), Baja California (US$972k), Chihuahua (US$585k), and Ciudad de México (US$255k).

In 2023, the countries with the most international purchases from Mexico were United States (US$15.8M), Canada (US$217k), Nicaragua (US$135k), Guatemala (US$92.9k), and Colombia (US$52k).

International Purchases

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Baja California: US$2.53M, State with the Most International Purchases (2023)

United States: US$6.68M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were Baja California (US$2.53M), Ciudad de México (US$1.27M), Querétaro (US$1.24M), Chihuahua (US$1.14M), and Coahuila de Zaragoza (US$948k).

The countries with the most international sales to Mexico in 2023 were United States (US$6.68M), China (US$2.97M), Peru (US$463k), Canada (US$431k), and Germany (US$313k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering. 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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  • 0.95%, Mexican share in global exports - 2022
  • 1.39%, Mexican share in global imports - 2022

The visualizations show the global market for Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering. 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 Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were China (US$468M), Hong Kong (US$166M), and Italy (US$77.9M). In the same year, the main importing countries for Labels, Badges and Similar Articles, of Textile Materials, in the Piece, Strips, Cut, no Embroidering were Vietnam (US$137M), Hong Kong (US$119M), and Indonesia (US$89.1M).