ProceduresGovernment

Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand)

Código 970110 (Harmonized System 2012 by 6 digits)

 2022: US$19.1M, Total Trade Exchange

2022: US$4.59M, International Sales

  2022: US$14.5M, International Purchases

In 2022, the trade exchange (includes international purchases and sales) of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) was US$19.1M.

In 2022, the states with the most international sales in Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were Ciudad de México (US$3.09M), Baja California (US$473k), Jalisco (US$252k), Yucatán (US$170k), and Tamaulipas (US$22k).

The states with the most international purchases in 2022 were Ciudad de México (US$12.5M), Puebla (US$739k), Estado de México (US$273k), Baja California Sur (US$226k), and Quintana Roo (US$145k).

In 2022, the main commercial destinations of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were United States (US$2.58M), South Korea (US$497k), United Kingdom (US$471k), Spain (US$276k), and Italy (US$59.2k).

The main commercial origins of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) in 2022 were Italy (US$6.19M), United States (US$1.62M), France (US$1.14M), Belgium (US$1.07M), and Germany (US$1.07M).

In the global context, the main exporting countries of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) in 2022 were United States (US$4.85B), United Kingdom (US$3.05B), and France (US$2.93B). In the same year, the main importing countries of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were United States (US$6.05B), Hong Kong (US$4.05B), and United Kingdom (US$1.73B).

Trade Balance of Mexico

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Net Trade Balance

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US$19.1M, Total Trade Exchange (2022)

In 2022, the total trade exchange of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) in Mexico (including international purchases and sales) was US$19.1M.

The visualizations show the net balance of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) 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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December, 2022

  • US$741k, International Purchases
  • US$508k, International Sales

In December 2022, international sales of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were US$508k, while international purchases reached US$741k. The above results in a trade balance of -US$233k.

Market Concentration

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2022-Q4: US$619k, International Sales

The visualization shows the quarterly concentration of international sales of Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) at state level.

In the fourth quarter of 2022, international sales were US$619k, being the states with the most sales Ciudad de México (US$578k) and Jalisco (US$41.2k).

Exchange by Territory

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International Sales

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Ciudad de México: US$3.09M, State with the Most International Sales (2022)

United States: US$2.58M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were Ciudad de México (US$3.09M), Baja California (US$473k), Jalisco (US$252k), Yucatán (US$170k), and Tamaulipas (US$22k).

In 2022, the countries with the most international purchases from Mexico were United States (US$2.58M), South Korea (US$497k), United Kingdom (US$471k), Spain (US$276k), and Italy (US$59.2k).

International Purchases

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Ciudad de México: US$12.5M, State with the Most International Purchases (2022)

Italy: US$6.19M, Main Commercial Origin (2022)

In 2022, the states with the highest international in Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were Ciudad de México (US$12.5M), Puebla (US$739k), Estado de México (US$273k), Baja California Sur (US$226k), and Quintana Roo (US$145k).

The countries with the most international sales to Mexico in 2022 were Italy (US$6.19M), United States (US$1.62M), France (US$1.14M), Belgium (US$1.07M), and Germany (US$1.07M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand). 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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  • 0.59%, Mexican share in global exports - 2022
  • 0.31%, Mexican share in global imports - 2022

The visualizations show the global market for Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand). 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 Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were United States (US$4.85B), United Kingdom (US$3.05B), and France (US$2.93B). In the same year, the main importing countries for Paintings and Drawings, Executed Entirely by Hand (Exc. Drawings of Heading 4906 and Manufactured Articles Decorated by Hand) were United States (US$6.05B), Hong Kong (US$4.05B), and United Kingdom (US$1.73B).