ProceduresGovernment

Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm

Código 5404 (Harmonized System 2012 by 4 digits)

 2023: US$137M, Total Trade Exchange

2023: US$29.6M, International Sales

  2023: US$108M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm was US$137M.

In 2023, the states with the most international sales in Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were Ciudad de México (US$19.6M), Nuevo León (US$3.04M), Baja California (US$1.63M), Chihuahua (US$443k), and Jalisco (US$188k).

The states with the most international purchases in 2023 were Chihuahua (US$48.6M), Estado de México (US$24.4M), Baja California (US$8.68M), Nuevo León (US$6.24M), and Ciudad de México (US$4.51M).

In 2023, the main commercial destinations of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were United States (US$13.3M), Germany (US$6.55M), Ireland (US$1.89M), Brazil (US$763k), and Colombia (US$397k).

The main commercial origins of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm in 2023 were United States (US$72.7M), China (US$10.8M), Ireland (US$6.05M), South Korea (US$4.27M), and Germany (US$1.69M).

In the global context, the main exporting countries of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm in 2022 were Germany (US$322M), China (US$314M), and United States (US$192M). In the same year, the main importing countries of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were United States (US$295M), China (US$150M), and Mexico (US$112M).

Trade Balance of Mexico

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Net Trade Balance

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US$137M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm in Mexico (including international purchases and sales) was US$137M.

The visualizations show the net balance of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm 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$10.1M, International Purchases
  • US$2.2M, International Sales

In July 2024, international sales of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were US$2.2M, while international purchases reached US$10.1M. The above results in a trade balance of -US$7.92M.

Market Concentration

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2024-Q3: US$1.76M, International Sales

The visualization shows the quarterly concentration of international sales of Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm at state level.

In the third quarter of 2024, international sales were US$1.76M, being the states with the most sales Ciudad de México (US$1.73M) and Estado de México (US$26.7k).

Exchange by Territory

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International Sales

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Ciudad de México: US$19.6M, State with the Most International Sales (2023)

United States: US$13.3M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were Ciudad de México (US$19.6M), Nuevo León (US$3.04M), Baja California (US$1.63M), Chihuahua (US$443k), and Jalisco (US$188k).

In 2023, the countries with the most international purchases from Mexico were United States (US$13.3M), Germany (US$6.55M), Ireland (US$1.89M), Brazil (US$763k), and Colombia (US$397k).

International Purchases

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Chihuahua: US$48.6M, State with the Most International Purchases (2023)

United States: US$72.7M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were Chihuahua (US$48.6M), Estado de México (US$24.4M), Baja California (US$8.68M), Nuevo León (US$6.24M), and Ciudad de México (US$4.51M).

The countries with the most international sales to Mexico in 2023 were United States (US$72.7M), China (US$10.8M), Ireland (US$6.05M), South Korea (US$4.27M), and Germany (US$1.69M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm. 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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  • 1.48%, Mexican share in global exports - 2022
  • 5.96%, Mexican share in global imports - 2022

The visualizations show the global market for Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm. 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 Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were Germany (US$322M), China (US$314M), and United States (US$192M). In the same year, the main importing countries for Monofilament Synthetic than or Equal to 67 Decitex and Transversal Section Dimension not Exceeding 1 Mm Title; Strip and the Like (For Example, Artificial Straw) of Textile Synthetics, of Apparent Width of 5 Mm were United States (US$295M), China (US$150M), and Mexico (US$112M).