ProceduresGovernment

Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings)

Código 580220 (Harmonized System 2012 by 6 digits)

 2023: US$266k, Total Trade Exchange

2023: US$35.1k, International Sales

  2023: US$231k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) was US$266k.

In 2022, the states with the most international sales in Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Baja California (US$1.62k).

The states with the most international purchases in 2023 were Baja California (US$26.1k).

In 2022, the main commercial destinations of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were United States (US$1.62k).

The main commercial origins of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) in 2023 were China (US$23.8k), United States (US$1.89k), Belgium (US$292), and South Korea (US$181).

In the global context, the main exporting countries of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) in 2022 were Austria (US$15.1M), China (US$15.1M), and India (US$3.04M). In the same year, the main importing countries of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Hungary (US$15.1M), Vietnam (US$4.63M), and Cambodia (US$2.46M).

Trade Balance of Mexico

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Net Trade Balance

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US$266k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) in Mexico (including international purchases and sales) was US$266k.

The visualizations show the net balance of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) 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$54.3k, International Purchases

In November 2024, international sales of Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were US$0, while international purchases reached US$54.3k. The above results in a trade balance of -US$54.3k.

Exchange by Territory

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International Sales

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Baja California: US$1.62k, State with the Most International Sales (2022)

United States: US$1.62k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Baja California (US$1.62k).

In 2022, the countries with the most international purchases from Mexico were United States (US$1.62k).

International Purchases

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Baja California: US$26.1k, State with the Most International Purchases (2023)

China: US$23.8k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Baja California (US$26.1k).

The countries with the most international sales to Mexico in 2023 were China (US$23.8k), United States (US$1.89k), Belgium (US$292), and South Korea (US$181).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings). 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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  • 0.008%, Mexican share in global exports - 2022
  • 0.35%, Mexican share in global imports - 2022

The visualizations show the global market for Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings). 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 Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Austria (US$15.1M), China (US$15.1M), and India (US$3.04M). In the same year, the main importing countries for Looped Pile Fabrics of the Toweling (Excl. of Cotton, and Ribbons Heading 5806, Carpets and other Floor Coverings) were Hungary (US$15.1M), Vietnam (US$4.63M), and Cambodia (US$2.46M).