Manmade Filaments; Strip and the Like of Artifical Textile Materials
Code 54 (Harmonized System 2012 by 2 digits)
2023: US$1.55B, Total Trade Exchange
2023: US$327M, International Sales
2023: US$1.22B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Manmade Filaments; Strip and the Like of Artifical Textile Materials was US$1.55B.
In 2023, the states with the most international sales in Manmade Filaments; Strip and the Like of Artifical Textile Materials were Nuevo León (US$100M), Baja California (US$51M), Ciudad de México (US$39.4M), Jalisco (US$31.1M), and Tlaxcala (US$23.4M).
The states with the most international purchases in 2023 were Ciudad de México (US$231M), Baja California (US$189M), Estado de México (US$113M), Chihuahua (US$108M), and Jalisco (US$81.4M).
In 2023, the main commercial destinations of Manmade Filaments; Strip and the Like of Artifical Textile Materials were United States (US$224M), Czech Republic (US$21.5M), Canada (US$12.2M), Colombia (US$11.5M), and Guatemala (US$9.87M).
The main commercial origins of Manmade Filaments; Strip and the Like of Artifical Textile Materials in 2023 were China (US$474M), United States (US$385M), Vietnam (US$45.5M), Taiwan (Republic of China) (US$36.6M), and Germany (US$33.8M).
In the global context, the main exporting countries of Manmade Filaments; Strip and the Like of Artifical Textile Materials in 2022 were China (US$23.8B), Taiwan (Republic of China) (US$2.74B), and South Korea (US$2.73B). In the same year, the main importing countries of Manmade Filaments; Strip and the Like of Artifical Textile Materials were Vietnam (US$4.13B), Turkey (US$2.91B), and United States (US$2.58B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.55B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Manmade Filaments; Strip and the Like of Artifical Textile Materials in Mexico (including international purchases and sales) was US$1.55B.
The visualizations show the net balance of Manmade Filaments; Strip and the Like of Artifical Textile Materials 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
#permalink to sectionNovember, 2024
- US$21.8M, International Sales
- US$121M, International Purchases
In November 2024, international sales of Manmade Filaments; Strip and the Like of Artifical Textile Materials were US$21.8M and a total of US$121M in international purchases. For this month the net trade balance of Manmade Filaments; Strip and the Like of Artifical Textile Materials it was of -US$99.7M.
Market Concentration
#permalink to section2024-Q4: US$44.1M, International Sales
The visualization shows the quarterly concentration of international sales of Manmade Filaments; Strip and the Like of Artifical Textile Materials at state level.
In the fourth quarter of 2024, international sales were US$44.1M, being the states with the most sales Nuevo León (US$11.3M), Ciudad de México (US$7.62M), and Baja California (US$7.12M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$100M, State with the Most International Sales (2023)
United States: US$224M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Manmade Filaments; Strip and the Like of Artifical Textile Materials were Nuevo León (US$100M), Baja California (US$51M), Ciudad de México (US$39.4M), Jalisco (US$31.1M), and Tlaxcala (US$23.4M).
In 2023, the countries with the most international purchases from Mexico were United States (US$224M), Czech Republic (US$21.5M), Canada (US$12.2M), Colombia (US$11.5M), and Guatemala (US$9.87M).
International Purchases
#permalink to sectionCiudad de México: US$231M, State with the Most International Purchases (2023)
China: US$474M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Manmade Filaments; Strip and the Like of Artifical Textile Materials were Ciudad de México (US$231M), Baja California (US$189M), Estado de México (US$113M), Chihuahua (US$108M), and Jalisco (US$81.4M).
The countries with the most international sales to Mexico in 2023 were China (US$474M), United States (US$385M), Vietnam (US$45.5M), Taiwan (Republic of China) (US$36.6M), and Germany (US$33.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Manmade Filaments; Strip and the Like of Artifical Textile Materials and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Manmade Filaments; Strip and the Like of Artifical Textile Materials. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.47%, Mexican share in global exports - 2022
- 2.48%, Mexican share in global imports - 2022
The visualizations show the global market for Manmade Filaments; Strip and the Like of Artifical Textile Materials. 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 Manmade Filaments; Strip and the Like of Artifical Textile Materials were China (US$23.8B), Taiwan (Republic of China) (US$2.74B), and South Korea (US$2.73B). In the same year, the main importing countries for Manmade Filaments; Strip and the Like of Artifical Textile Materials were Vietnam (US$4.13B), Turkey (US$2.91B), and United States (US$2.58B).