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Other Vegetable Textile Fibers

Code 53 (Harmonized System 2012 by 2 digits)

 2023: US$28.2M, Total Trade Exchange

2023: US$1.95M, International Sales

  2023: US$26.3M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Other Vegetable Textile Fibers was US$28.2M.

In 2023, the states with the most international sales in Other Vegetable Textile Fibers were Nuevo León (US$969k), Estado de México (US$378k), Colima (US$199k), Yucatán (US$104k), and Baja California (US$93.8k).

The states with the most international purchases in 2023 were Yucatán (US$4.41M), Tamaulipas (US$4.37M), Jalisco (US$4.1M), Ciudad de México (US$3.59M), and Nuevo León (US$2.63M).

In 2023, the main commercial destinations of Other Vegetable Textile Fibers were China (US$748k), United States (US$702k), Cuba (US$142k), Colombia (US$97.6k), and Chile (US$39.7k).

The main commercial origins of Other Vegetable Textile Fibers in 2023 were China (US$7.51M), United States (US$5.18M), Sri Lanka (US$4.59M), Brazil (US$2M), and India (US$1.6M).

In the global context, the main exporting countries of Other Vegetable Textile Fibers in 2022 were China (US$1.57B), Bangladesh (US$824M), and France (US$760M). In the same year, the main importing countries of Other Vegetable Textile Fibers were China (US$956M), India (US$482M), and Bangladesh (US$411M).

Trade Balance of Mexico

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Net Trade Balance

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US$28.2M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Other Vegetable Textile Fibers in Mexico (including international purchases and sales) was US$28.2M.

The visualizations show the net balance of Other Vegetable Textile Fibers 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$177k, International Sales
  • US$2.55M, International Purchases

In July 2024, international sales of Other Vegetable Textile Fibers were US$177k and a total of US$2.55M in international purchases. For this month the net trade balance of Other Vegetable Textile Fibers it was of -US$2.37M.

Market Concentration

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2024-Q3: US$128k, International Sales

The visualization shows the quarterly concentration of international sales of Other Vegetable Textile Fibers at state level.

In the third quarter of 2024, international sales were US$128k, being the states with the most sales Nuevo León (US$69.6k), Yucatán (US$41.5k), and Baja California (US$17.2k).

Exchange by Territory

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International Sales

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Nuevo León: US$969k, State with the Most International Sales (2023)

China: US$748k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Other Vegetable Textile Fibers were Nuevo León (US$969k), Estado de México (US$378k), Colima (US$199k), Yucatán (US$104k), and Baja California (US$93.8k).

In 2023, the countries with the most international purchases from Mexico were China (US$748k), United States (US$702k), Cuba (US$142k), Colombia (US$97.6k), and Chile (US$39.7k).

International Purchases

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Yucatán: US$4.41M, State with the Most International Purchases (2023)

China: US$7.51M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Other Vegetable Textile Fibers were Yucatán (US$4.41M), Tamaulipas (US$4.37M), Jalisco (US$4.1M), Ciudad de México (US$3.59M), and Nuevo León (US$2.63M).

The countries with the most international sales to Mexico in 2023 were China (US$7.51M), United States (US$5.18M), Sri Lanka (US$4.59M), Brazil (US$2M), and India (US$1.6M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Other Vegetable Textile Fibers  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Other Vegetable Textile Fibers. 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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  • 0.034%, Mexican share in global exports - 2022
  • 0.6%, Mexican share in global imports - 2022

The visualizations show the global market for Other Vegetable Textile Fibers. 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 Other Vegetable Textile Fibers were China (US$1.57B), Bangladesh (US$824M), and France (US$760M). In the same year, the main importing countries for Other Vegetable Textile Fibers were China (US$956M), India (US$482M), and Bangladesh (US$411M).