Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907
Código 6210 (Harmonized System 2012 by 4 digits)
2023: US$371M, Total Trade Exchange
2023: US$151M, International Sales
2023: US$220M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 was US$371M.
In 2023, the states with the most international sales in Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were Chihuahua (US$65.3M), Baja California (US$38.4M), Ciudad de México (US$7.88M), Tamaulipas (US$7.25M), and Coahuila de Zaragoza (US$6.48M).
The states with the most international purchases in 2023 were Tamaulipas (US$73.9M), Chihuahua (US$54.6M), Baja California (US$40M), Ciudad de México (US$36.6M), and Nuevo León (US$5.46M).
In 2023, the main commercial destinations of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were United States (US$115M), Brazil (US$6.38M), Costa Rica (US$3.9M), Germany (US$3.31M), and Colombia (US$1.03M).
The main commercial origins of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 in 2023 were China (US$103M), United States (US$36.6M), Honduras (US$30.8M), Burma (US$25.7M), and Cambodia (US$10.3M).
In the global context, the main exporting countries of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 in 2022 were China (US$5.15B), Vietnam (US$1.38B), and Bangladesh (US$776M). In the same year, the main importing countries of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were United States (US$2.31B), Germany (US$1.25B), and France (US$767M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$371M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 in Mexico (including international purchases and sales) was US$371M.
The visualizations show the net balance of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 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$18.5M, International Purchases
- US$16.4M, International Sales
In July 2024, international sales of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were US$16.4M, while international purchases reached US$18.5M. The above results in a trade balance of -US$2.16M.
Market Concentration
#permalink to section2024-Q3: US$15.5M, International Sales
The visualization shows the quarterly concentration of international sales of Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 at state level.
In the third quarter of 2024, international sales were US$15.5M, being the states with the most sales Chihuahua (US$8.65M), Baja California (US$2.8M), and Aguascalientes (US$1.32M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$65.3M, State with the Most International Sales (2023)
United States: US$115M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were Chihuahua (US$65.3M), Baja California (US$38.4M), Ciudad de México (US$7.88M), Tamaulipas (US$7.25M), and Coahuila de Zaragoza (US$6.48M).
In 2023, the countries with the most international purchases from Mexico were United States (US$115M), Brazil (US$6.38M), Costa Rica (US$3.9M), Germany (US$3.31M), and Colombia (US$1.03M).
International Purchases
#permalink to sectionTamaulipas: US$73.9M, State with the Most International Purchases (2023)
China: US$103M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were Tamaulipas (US$73.9M), Chihuahua (US$54.6M), Baja California (US$40M), Ciudad de México (US$36.6M), and Nuevo León (US$5.46M).
The countries with the most international sales to Mexico in 2023 were China (US$103M), United States (US$36.6M), Honduras (US$30.8M), Burma (US$25.7M), and Cambodia (US$10.3M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907. 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- 1.35%, Mexican share in global exports - 2022
- 1.85%, Mexican share in global imports - 2022
The visualizations show the global market for Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907. 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 Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were China (US$5.15B), Vietnam (US$1.38B), and Bangladesh (US$776M). In the same year, the main importing countries for Rmg Products of Heading 5602, 5603, 5903, 5906 or 5907 were United States (US$2.31B), Germany (US$1.25B), and France (US$767M).