ProceduresGovernment

Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C

Código 560210 (Harmonized System 2012 by 6 digits)

 2023: US$65.1M, Total Trade Exchange

2023: US$13M, International Sales

  2023: US$52.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C was US$65.1M.

In 2023, the states with the most international sales in Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were Guanajuato (US$7.18M), Nuevo León (US$2.1M), Estado de México (US$1.94M), Puebla (US$282k), and Coahuila de Zaragoza (US$227k).

The states with the most international purchases in 2023 were Puebla (US$10.2M), Coahuila de Zaragoza (US$9.68M), Guanajuato (US$5.34M), Baja California (US$5.17M), and Nuevo León (US$4.44M).

In 2023, the main commercial destinations of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were United States (US$10.2M), Hungary (US$587k), Colombia (US$267k), Ecuador (US$248k), and Guatemala (US$208k).

The main commercial origins of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C in 2023 were United States (US$31M), China (US$8.35M), Germany (US$5.64M), Czech Republic (US$1.49M), and Belgium (US$1.09M).

In the global context, the main exporting countries of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C in 2022 were Germany (US$207M), China (US$157M), and United States (US$69.1M). In the same year, the main importing countries of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were United States (US$89.3M), Germany (US$65.1M), and Mexico (US$49.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$65.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C in Mexico (including international purchases and sales) was US$65.1M.

The visualizations show the net balance of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C 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$6.08M, International Purchases
  • US$926k, International Sales

In July 2024, international sales of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were US$926k, while international purchases reached US$6.08M. The above results in a trade balance of -US$5.16M.

Market Concentration

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2024-Q3: US$691k, International Sales

The visualization shows the quarterly concentration of international sales of Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C at state level.

In the third quarter of 2024, international sales were US$691k, being the states with the most sales Guanajuato (US$514k), Nuevo León (US$143k), and Puebla (US$27.2k).

Exchange by Territory

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International Sales

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Guanajuato: US$7.18M, State with the Most International Sales (2023)

United States: US$10.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were Guanajuato (US$7.18M), Nuevo León (US$2.1M), Estado de México (US$1.94M), Puebla (US$282k), and Coahuila de Zaragoza (US$227k).

In 2023, the countries with the most international purchases from Mexico were United States (US$10.2M), Hungary (US$587k), Colombia (US$267k), Ecuador (US$248k), and Guatemala (US$208k).

International Purchases

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Puebla: US$10.2M, State with the Most International Purchases (2023)

United States: US$31M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were Puebla (US$10.2M), Coahuila de Zaragoza (US$9.68M), Guanajuato (US$5.34M), Baja California (US$5.17M), and Nuevo León (US$4.44M).

The countries with the most international sales to Mexico in 2023 were United States (US$31M), China (US$8.35M), Germany (US$5.64M), Czech Republic (US$1.49M), and Belgium (US$1.09M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C. 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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  • 1.19%, Mexican share in global exports - 2022
  • 5.87%, Mexican share in global imports - 2022

The visualizations show the global market for Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C. 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 Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were Germany (US$207M), China (US$157M), and United States (US$69.1M). In the same year, the main importing countries for Products Derived Needle Felt and Stitch-Bonded, Incl. Impregnated, Coated, Covered or Laminated, N.E.C were United States (US$89.3M), Germany (US$65.1M), and Mexico (US$49.3M).