Rubber Thread and Cord, Textile
Código 560410 (Harmonized System 2012 by 6 digits)
2023: US$5.68M, Total Trade Exchange
2023: US$1.44M, International Sales
2023: US$4.23M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Rubber Thread and Cord, Textile was US$5.68M.
In 2023, the states with the most international sales in Rubber Thread and Cord, Textile were Tamaulipas (US$793k), Baja California (US$154k), Yucatán (US$26.2k), and Estado de México (US$5.32k).
The states with the most international purchases in 2023 were Querétaro (US$1.56M), Baja California (US$1.04M), Ciudad de México (US$611k), Tamaulipas (US$341k), and Guanajuato (US$189k).
In 2023, the main commercial destinations of Rubber Thread and Cord, Textile were United States (US$970k), Pakistan (US$3.52k), Belize (US$2.42k), Guatemala (US$1.09k), and Costa Rica (US$675).
The main commercial origins of Rubber Thread and Cord, Textile in 2023 were United States (US$1.98M), China (US$1.96M), Italy (US$146k), Austria (US$18.3k), and Cambodia (US$16.5k).
In the global context, the main exporting countries of Rubber Thread and Cord, Textile in 2022 were China (US$280M), Vietnam (US$12.5M), and Italy (US$11.9M). In the same year, the main importing countries of Rubber Thread and Cord, Textile were Vietnam (US$61.2M), Bangladesh (US$20.7M), and Cambodia (US$17.3M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$5.68M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Rubber Thread and Cord, Textile in Mexico (including international purchases and sales) was US$5.68M.
The visualizations show the net balance of Rubber Thread and Cord, Textile 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$336k, International Purchases
- US$120k, International Sales
In July 2024, international sales of Rubber Thread and Cord, Textile were US$120k, while international purchases reached US$336k. The above results in a trade balance of -US$216k.
Market Concentration
#permalink to section2024-Q3: US$65.8k, International Sales
The visualization shows the quarterly concentration of international sales of Rubber Thread and Cord, Textile at state level.
In the third quarter of 2024, international sales were US$65.8k, being the states with the most sales Baja California (US$65.8k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionTamaulipas: US$793k, State with the Most International Sales (2023)
United States: US$970k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Rubber Thread and Cord, Textile were Tamaulipas (US$793k), Baja California (US$154k), Yucatán (US$26.2k), and Estado de México (US$5.32k).
In 2023, the countries with the most international purchases from Mexico were United States (US$970k), Pakistan (US$3.52k), Belize (US$2.42k), Guatemala (US$1.09k), and Costa Rica (US$675).
International Purchases
#permalink to sectionQuerétaro: US$1.56M, State with the Most International Purchases (2023)
United States: US$1.98M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Rubber Thread and Cord, Textile were Querétaro (US$1.56M), Baja California (US$1.04M), Ciudad de México (US$611k), Tamaulipas (US$341k), and Guanajuato (US$189k).
The countries with the most international sales to Mexico in 2023 were United States (US$1.98M), China (US$1.96M), Italy (US$146k), Austria (US$18.3k), and Cambodia (US$16.5k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Rubber Thread and Cord, Textile and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Rubber Thread and Cord, Textile. 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- 0.21%, Mexican share in global exports - 2022
- 1.58%, Mexican share in global imports - 2022
The visualizations show the global market for Rubber Thread and Cord, Textile. 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 Rubber Thread and Cord, Textile were China (US$280M), Vietnam (US$12.5M), and Italy (US$11.9M). In the same year, the main importing countries for Rubber Thread and Cord, Textile were Vietnam (US$61.2M), Bangladesh (US$20.7M), and Cambodia (US$17.3M).