Manufactures of Plaiting Material
Code 46 (Harmonized System 2012 by 2 digits)
2023: US$52.6M, Total Trade Exchange
2023: US$35.4M, International Sales
2023: US$17.2M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Manufactures of Plaiting Material was US$52.6M.
In 2023, the states with the most international sales in Manufactures of Plaiting Material were Baja California (US$29.1M), Nuevo León (US$4.02M), Ciudad de México (US$1.25M), Jalisco (US$527k), and Quintana Roo (US$129k).
The states with the most international purchases in 2023 were Ciudad de México (US$7.71M), Nuevo León (US$5.61M), Estado de México (US$1.08M), Quintana Roo (US$683k), and Baja California (US$561k).
In 2023, the main commercial destinations of Manufactures of Plaiting Material were United States (US$34.7M), Jamaica (US$80.4k), France (US$60k), China (US$55.3k), and United Kingdom (US$37.3k).
The main commercial origins of Manufactures of Plaiting Material in 2023 were China (US$10.3M), Vietnam (US$1.6M), Italy (US$1.04M), Indonesia (US$1.03M), and United States (US$959k).
In the global context, the main exporting countries of Manufactures of Plaiting Material in 2022 were China (US$1.44B), Vietnam (US$477M), and India (US$198M). In the same year, the main importing countries of Manufactures of Plaiting Material were United States (US$923M), Germany (US$256M), and Netherlands (US$208M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$52.6M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Manufactures of Plaiting Material in Mexico (including international purchases and sales) was US$52.6M.
The visualizations show the net balance of Manufactures of Plaiting Material 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 sectionJuly, 2024
- US$3.84M, International Sales
- US$1.76M, International Purchases
In July 2024, international sales of Manufactures of Plaiting Material were US$3.84M and a total of US$1.76M in international purchases. For this month the net trade balance of Manufactures of Plaiting Material it was of US$2.08M.
Market Concentration
#permalink to section2024-Q3: US$3.78M, International Sales
The visualization shows the quarterly concentration of international sales of Manufactures of Plaiting Material at state level.
In the third quarter of 2024, international sales were US$3.78M, being the states with the most sales Baja California (US$2.04M), Nuevo León (US$1.36M), and Ciudad de México (US$237k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$29.1M, State with the Most International Sales (2023)
United States: US$34.7M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Manufactures of Plaiting Material were Baja California (US$29.1M), Nuevo León (US$4.02M), Ciudad de México (US$1.25M), Jalisco (US$527k), and Quintana Roo (US$129k).
In 2023, the countries with the most international purchases from Mexico were United States (US$34.7M), Jamaica (US$80.4k), France (US$60k), China (US$55.3k), and United Kingdom (US$37.3k).
International Purchases
#permalink to sectionCiudad de México: US$7.71M, State with the Most International Purchases (2023)
China: US$10.3M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Manufactures of Plaiting Material were Ciudad de México (US$7.71M), Nuevo León (US$5.61M), Estado de México (US$1.08M), Quintana Roo (US$683k), and Baja California (US$561k).
The countries with the most international sales to Mexico in 2023 were China (US$10.3M), Vietnam (US$1.6M), Italy (US$1.04M), Indonesia (US$1.03M), and United States (US$959k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Manufactures of Plaiting Material and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Manufactures of Plaiting Material. 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- 0.91%, Mexican share in global exports - 2022
- 0.47%, Mexican share in global imports - 2022
The visualizations show the global market for Manufactures of Plaiting Material. 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 Manufactures of Plaiting Material were China (US$1.44B), Vietnam (US$477M), and India (US$198M). In the same year, the main importing countries for Manufactures of Plaiting Material were United States (US$923M), Germany (US$256M), and Netherlands (US$208M).