Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items
Código 6310 (Harmonized System 2012 by 4 digits)
2023: US$27.8M, Total Trade Exchange
2023: US$11.8M, International Sales
2023: US$16M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items was US$27.8M.
In 2023, the states with the most international sales in Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were Coahuila de Zaragoza (US$3.33M), Sonora (US$1.98M), Baja California (US$1.24M), Nuevo León (US$668k), and Yucatán (US$598k).
The states with the most international purchases in 2023 were Tamaulipas (US$8.97M), Jalisco (US$2.87M), Puebla (US$893k), Baja California (US$719k), and Nuevo León (US$700k).
In 2023, the main commercial destinations of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were United States (US$5.62M), Hong Kong (US$1.78M), India (US$362k), South Korea (US$314k), and Vietnam (US$256k).
The main commercial origins of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items in 2023 were United States (US$13.5M), Honduras (US$1.07M), Guatemala (US$299k), Spain (US$197k), and El Salvador (US$185k).
In the global context, the main exporting countries of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items in 2022 were Bangladesh (US$171M), United States (US$72.4M), and Pakistan (US$65.1M). In the same year, the main importing countries of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were India (US$224M), United States (US$88.1M), and Spain (US$33M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$27.8M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items in Mexico (including international purchases and sales) was US$27.8M.
The visualizations show the net balance of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items 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 sectionJuly, 2024
- US$1.53M, International Purchases
- US$999k, International Sales
In July 2024, international sales of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were US$999k, while international purchases reached US$1.53M. The above results in a trade balance of -US$531k.
Market Concentration
#permalink to section2024-Q3: US$660k, International Sales
The visualization shows the quarterly concentration of international sales of Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items at state level.
In the third quarter of 2024, international sales were US$660k, being the states with the most sales Coahuila de Zaragoza (US$198k), Jalisco (US$154k), and Baja California (US$135k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$3.33M, State with the Most International Sales (2023)
United States: US$5.62M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were Coahuila de Zaragoza (US$3.33M), Sonora (US$1.98M), Baja California (US$1.24M), Nuevo León (US$668k), and Yucatán (US$598k).
In 2023, the countries with the most international purchases from Mexico were United States (US$5.62M), Hong Kong (US$1.78M), India (US$362k), South Korea (US$314k), and Vietnam (US$256k).
International Purchases
#permalink to sectionTamaulipas: US$8.97M, State with the Most International Purchases (2023)
United States: US$13.5M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were Tamaulipas (US$8.97M), Jalisco (US$2.87M), Puebla (US$893k), Baja California (US$719k), and Nuevo León (US$700k).
The countries with the most international sales to Mexico in 2023 were United States (US$13.5M), Honduras (US$1.07M), Guatemala (US$299k), Spain (US$197k), and El Salvador (US$185k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.12%, Mexican share in global exports - 2022
- 2.55%, Mexican share in global imports - 2022
The visualizations show the global market for Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items. 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 Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were Bangladesh (US$171M), United States (US$72.4M), and Pakistan (US$65.1M). In the same year, the main importing countries for Rags; Cordage, Ropes and Cables, Textile, Cordage or Unserviceable Items were India (US$224M), United States (US$88.1M), and Spain (US$33M).