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Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings)

Código 560500 (Harmonized System 2012 by 6 digits)

 2023: US$2.92M, Total Trade Exchange

2023: US$800k, International Sales

  2023: US$2.12M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) was US$2.92M.

In 2023, the states with the most international sales in Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were Ciudad de México (US$27.4k).

The states with the most international purchases in 2023 were San Luis Potosí (US$691k), Ciudad de México (US$407k), Nuevo León (US$254k), Baja California (US$176k), and Guanajuato (US$75.4k).

In 2023, the main commercial destinations of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were United States (US$20.6k), Colombia (US$2.06k), Costa Rica (US$1.88k), Guatemala (US$872), and Honduras (US$636).

The main commercial origins of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) in 2023 were China (US$608k), India (US$456k), Japan (US$292k), United States (US$132k), and South Korea (US$42.8k).

In the global context, the main exporting countries of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) in 2022 were China (US$78.3M), United States (US$29.6M), and Belgium (US$17M). In the same year, the main importing countries of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were Pakistan (US$26.2M), Sri Lanka (US$21.3M), and Italy (US$16M).

Trade Balance of Mexico

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Net Trade Balance

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US$2.92M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) in Mexico (including international purchases and sales) was US$2.92M.

The visualizations show the net balance of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) 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$289k, International Purchases
  • US$189k, International Sales

In July 2024, international sales of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were US$189k, while international purchases reached US$289k. The above results in a trade balance of -US$100k.

Market Concentration

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2024-Q3: US$1.4k, International Sales

The visualization shows the quarterly concentration of international sales of Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) at state level.

In the third quarter of 2024, international sales were US$1.4k, being the states with the most sales Ciudad de México (US$1.4k).

Exchange by Territory

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International Sales

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Ciudad de México: US$27.4k, State with the Most International Sales (2023)

United States: US$20.6k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were Ciudad de México (US$27.4k).

In 2023, the countries with the most international purchases from Mexico were United States (US$20.6k), Colombia (US$2.06k), Costa Rica (US$1.88k), Guatemala (US$872), and Honduras (US$636).

International Purchases

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San Luis Potosí: US$691k, State with the Most International Purchases (2023)

China: US$608k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were San Luis Potosí (US$691k), Ciudad de México (US$407k), Nuevo León (US$254k), Baja California (US$176k), and Guanajuato (US$75.4k).

The countries with the most international sales to Mexico in 2023 were China (US$608k), India (US$456k), Japan (US$292k), United States (US$132k), and South Korea (US$42.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings). 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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  • 0.4%, Mexican share in global exports - 2022
  • 1.17%, Mexican share in global imports - 2022

The visualizations show the global market for Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings). 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 Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were China (US$78.3M), United States (US$29.6M), and Belgium (US$17M). In the same year, the main importing countries for Metallic Yarn and Yarn Metallised Incl. Gimped, Textile Yarn, Strip O Forms Simil. of Heading 5404 or 5405, Combined with Metal Stringy, Strip or Powder of Metal, Covered with Metal (Exc. Yarns made of a Mixture of Textile Fibers and Metal Fibers, with Effects Antistatic well as Yarn Reforzados with Metal Thread and Trimmings) were Pakistan (US$26.2M), Sri Lanka (US$21.3M), and Italy (US$16M).