ProceduresGovernment

Sewing Thread Manmade Filaments, even Conditioning for Retail

Código 5401 (Harmonized System 2012 by 4 digits)

 2023: US$81.1M, Total Trade Exchange

2023: US$22.3M, International Sales

  2023: US$58.8M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Sewing Thread Manmade Filaments, even Conditioning for Retail was US$81.1M.

In 2023, the states with the most international sales in Sewing Thread Manmade Filaments, even Conditioning for Retail were Ciudad de México (US$10M), Tamaulipas (US$4.11M), Nuevo León (US$944k), Baja California (US$909k), and Guanajuato (US$588k).

The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$12.7M), Baja California (US$10.1M), Querétaro (US$6.17M), Ciudad de México (US$5.64M), and Yucatán (US$4.96M).

In 2023, the main commercial destinations of Sewing Thread Manmade Filaments, even Conditioning for Retail were United States (US$15.6M), Guatemala (US$1.45M), Dominican Republic (US$527k), South Korea (US$116k), and Honduras (US$76.2k).

The main commercial origins of Sewing Thread Manmade Filaments, even Conditioning for Retail in 2023 were United States (US$24.3M), China (US$10.1M), Canada (US$8.67M), South Korea (US$4.68M), and United Kingdom (US$3.76M).

In the global context, the main exporting countries of Sewing Thread Manmade Filaments, even Conditioning for Retail in 2022 were China (US$474M), Germany (US$158M), and United States (US$112M). In the same year, the main importing countries of Sewing Thread Manmade Filaments, even Conditioning for Retail were Mexico (US$98.6M), Germany (US$88.6M), and Vietnam (US$73.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$81.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Sewing Thread Manmade Filaments, even Conditioning for Retail in Mexico (including international purchases and sales) was US$81.1M.

The visualizations show the net balance of Sewing Thread Manmade Filaments, even Conditioning for Retail 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$6.24M, International Purchases
  • US$1.7M, International Sales

In July 2024, international sales of Sewing Thread Manmade Filaments, even Conditioning for Retail were US$1.7M, while international purchases reached US$6.24M. The above results in a trade balance of -US$4.53M.

Market Concentration

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2024-Q3: US$1.14M, International Sales

The visualization shows the quarterly concentration of international sales of Sewing Thread Manmade Filaments, even Conditioning for Retail at state level.

In the third quarter of 2024, international sales were US$1.14M, being the states with the most sales Ciudad de México (US$908k), Guanajuato (US$82.4k), and Nuevo León (US$74.1k).

Exchange by Territory

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International Sales

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Ciudad de México: US$10M, State with the Most International Sales (2023)

United States: US$15.6M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Sewing Thread Manmade Filaments, even Conditioning for Retail were Ciudad de México (US$10M), Tamaulipas (US$4.11M), Nuevo León (US$944k), Baja California (US$909k), and Guanajuato (US$588k).

In 2023, the countries with the most international purchases from Mexico were United States (US$15.6M), Guatemala (US$1.45M), Dominican Republic (US$527k), South Korea (US$116k), and Honduras (US$76.2k).

International Purchases

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Coahuila de Zaragoza: US$12.7M, State with the Most International Purchases (2023)

United States: US$24.3M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Sewing Thread Manmade Filaments, even Conditioning for Retail were Coahuila de Zaragoza (US$12.7M), Baja California (US$10.1M), Querétaro (US$6.17M), Ciudad de México (US$5.64M), and Yucatán (US$4.96M).

The countries with the most international sales to Mexico in 2023 were United States (US$24.3M), China (US$10.1M), Canada (US$8.67M), South Korea (US$4.68M), and United Kingdom (US$3.76M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Sewing Thread Manmade Filaments, even Conditioning for Retail  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Sewing Thread Manmade Filaments, even Conditioning for Retail. 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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  • 0.99%, Mexican share in global exports - 2022
  • 7.5%, Mexican share in global imports - 2022

The visualizations show the global market for Sewing Thread Manmade Filaments, even Conditioning for Retail. 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 Sewing Thread Manmade Filaments, even Conditioning for Retail were China (US$474M), Germany (US$158M), and United States (US$112M). In the same year, the main importing countries for Sewing Thread Manmade Filaments, even Conditioning for Retail were Mexico (US$98.6M), Germany (US$88.6M), and Vietnam (US$73.2M).