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Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile)

Código 844590 (Harmonized System 2012 by 6 digits)

 2023: US$5.28M, Total Trade Exchange

2023: US$132k, International Sales

  2023: US$5.15M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) was US$5.28M.

In 2023, the states with the most international sales in Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were Ciudad de México (US$49.5k).

The states with the most international purchases in 2023 were Puebla (US$2.01M), Ciudad de México (US$1.82M), Coahuila de Zaragoza (US$559k), Chihuahua (US$253k), and Baja California (US$120k).

In 2023, the main commercial destinations of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were United States (US$48.1k), Cuba (US$900), and El Salvador (US$500).

The main commercial origins of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) in 2023 were China (US$1.65M), Italy (US$1.33M), Germany (US$655k), Turkey (US$520k), and United Kingdom (US$427k).

In the global context, the main exporting countries of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) in 2022 were China (US$86.2M), Germany (US$48.1M), and Italy (US$40.4M). In the same year, the main importing countries of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were India (US$39.2M), China (US$38.9M), and Vietnam (US$37.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$5.28M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) in Mexico (including international purchases and sales) was US$5.28M.

The visualizations show the net balance of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) 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$863k, International Purchases

In November 2024, international sales of Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were US$0, while international purchases reached US$863k. The above results in a trade balance of -US$863k.

Exchange by Territory

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International Sales

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Ciudad de México: US$49.5k, State with the Most International Sales (2023)

United States: US$48.1k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were Ciudad de México (US$49.5k).

In 2023, the countries with the most international purchases from Mexico were United States (US$48.1k), Cuba (US$900), and El Salvador (US$500).

International Purchases

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Puebla: US$2.01M, State with the Most International Purchases (2023)

China: US$1.65M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were Puebla (US$2.01M), Ciudad de México (US$1.82M), Coahuila de Zaragoza (US$559k), Chihuahua (US$253k), and Baja California (US$120k).

The countries with the most international sales to Mexico in 2023 were China (US$1.65M), Italy (US$1.33M), Germany (US$655k), Turkey (US$520k), and United Kingdom (US$427k).

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 Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile). 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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  • 0.033%, Mexican share in global exports - 2022
  • 1.66%, Mexican share in global imports - 2022

The visualizations show the global market for Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile). 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 Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were China (US$86.2M), Germany (US$48.1M), and Italy (US$40.4M). In the same year, the main importing countries for Machinery for Yarn Manufacturing Textiles and Machines for Preparing Yarn Textiles for Use in the Machines of Heading 8446 or 8447 (Excl. Machines of Heading 8444 and Spinning Machines, Doubling or Twisting Matter Textile) were India (US$39.2M), China (US$38.9M), and Vietnam (US$37.1M).