ProceduresGovernment

Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn)

Código 540248 (Harmonized System 2012 by 6 digits)

 2023: US$14.5M, Total Trade Exchange

2023: US$2.12M, International Sales

  2023: US$12.4M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) was US$14.5M.

In 2021, the states with the most international sales in Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were Yucatán (US$277k).

The states with the most international purchases in 2023 were Jalisco (US$3.87M), Sinaloa (US$1.87M), Ciudad de México (US$1.25M), Michoacán de Ocampo (US$341k), and Tamaulipas (US$285k).

In 2021, the main commercial destinations of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were El Salvador (US$173k), Panama (US$35.1k), Colombia (US$30.9k), Costa Rica (US$27k), and Belize (US$10.8k).

The main commercial origins of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) in 2023 were Turkey (US$2.48M), Colombia (US$1.96M), China (US$1.02M), India (US$998k), and Peru (US$298k).

In the global context, the main exporting countries of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) in 2022 were China (US$44.5M), South Korea (US$22.8M), and Turkey (US$20.3M). In the same year, the main importing countries of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were United States (US$12.4M), Italy (US$11.8M), and Mexico (US$11.3M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$14.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) in Mexico (including international purchases and sales) was US$14.5M.

The visualizations show the net balance of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) 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 section

July, 2024

  • US$1.4M, International Purchases
  • US$260k, International Sales

In July 2024, international sales of Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were US$260k, while international purchases reached US$1.4M. The above results in a trade balance of -US$1.14M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Yucatán: US$277k, State with the Most International Sales (2021)

El Salvador: US$173k, Main commercial destination (2021)

In 2021, the states with the highest international sales in Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were Yucatán (US$277k).

In 2021, the countries with the most international purchases from Mexico were El Salvador (US$173k), Panama (US$35.1k), Colombia (US$30.9k), Costa Rica (US$27k), and Belize (US$10.8k).

International Purchases

#permalink to section

Jalisco: US$3.87M, State with the Most International Purchases (2023)

Turkey: US$2.48M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were Jalisco (US$3.87M), Sinaloa (US$1.87M), Ciudad de México (US$1.25M), Michoacán de Ocampo (US$341k), and Tamaulipas (US$285k).

The countries with the most international sales to Mexico in 2023 were Turkey (US$2.48M), Colombia (US$1.96M), China (US$1.02M), India (US$998k), and Peru (US$298k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn). 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

#permalink to section

  • 1.09%, Mexican share in global exports - 2022
  • 6.81%, Mexican share in global imports - 2022

The visualizations show the global market for Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn). 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 Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were China (US$44.5M), South Korea (US$22.8M), and Turkey (US$20.3M). In the same year, the main importing countries for Polypropylene Filament Yarn, Incl. Monofilament of <67 Decitex, Single, Untwisted or with a Twist <= 50 Turns per Meter (Excl. Sewing Thread, Yarn put up for Retail Textured Yarn) were United States (US$12.4M), Italy (US$11.8M), and Mexico (US$11.3M).