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Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats

Código 8449 (Harmonized System 2012 by 4 digits)

 2023: US$14.1M, Total Trade Exchange

2023: US$21.1k, International Sales

  2023: US$14.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats was US$14.1M.

In 2022, the states with the most international sales in Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were Guanajuato (US$12k).

The states with the most international purchases in 2023 were Estado de México (US$6.34M), Ciudad de México (US$3.87M), Nuevo León (US$1.42M), Guanajuato (US$776k), and Aguascalientes (US$478k).

In 2022, the main commercial destinations of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were France (US$10.3k), United States (US$1.2k), and El Salvador (US$516).

The main commercial origins of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats in 2023 were China (US$4.45M), Portugal (US$2.39M), South Korea (US$2.38M), United States (US$1.95M), and Germany (US$530k).

In the global context, the main exporting countries of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats in 2022 were Germany (US$407M), China (US$309M), and France (US$138M). In the same year, the main importing countries of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were China (US$232M), India (US$121M), and Turkey (US$115M).

Trade Balance of Mexico

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Net Trade Balance

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US$14.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats in Mexico (including international purchases and sales) was US$14.1M.

The visualizations show the net balance of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats 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$6.91M, International Purchases

In July 2024, international sales of Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were US$0, while international purchases reached US$6.91M. The above results in a trade balance of -US$6.91M.

Exchange by Territory

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International Sales

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Guanajuato: US$12k, State with the Most International Sales (2022)

France: US$10.3k, Main commercial destination (2022)

In 2022, the states with the highest international sales in Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were Guanajuato (US$12k).

In 2022, the countries with the most international purchases from Mexico were France (US$10.3k), United States (US$1.2k), and El Salvador (US$516).

International Purchases

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Estado de México: US$6.34M, State with the Most International Purchases (2023)

China: US$4.45M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were Estado de México (US$6.34M), Ciudad de México (US$3.87M), Nuevo León (US$1.42M), Guanajuato (US$776k), and Aguascalientes (US$478k).

The countries with the most international sales to Mexico in 2023 were China (US$4.45M), Portugal (US$2.39M), South Korea (US$2.38M), United States (US$1.95M), and Germany (US$530k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats. 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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  • 0.012%, Mexican share in global exports - 2022
  • 2.54%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats. 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 Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were Germany (US$407M), China (US$309M), and France (US$138M). In the same year, the main importing countries for Machinery for the Manufacture or Finishing of Felt or Nonwovens in the Piece or in Shapes, Including Machinery for Making Felt Hats; Blocks for Making Hats were China (US$232M), India (US$121M), and Turkey (US$115M).