Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail
Código 540110 (Harmonized System 2012 by 6 digits)
2023: US$79.4M, Total Trade Exchange
2023: US$20.9M, International Sales
2023: US$58.5M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail was US$79.4M.
In 2023, the states with the most international sales in Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were Ciudad de México (US$10M), Tamaulipas (US$4.11M), Baja California (US$901k), Guanajuato (US$557k), and Coahuila de Zaragoza (US$536k).
The states with the most international purchases in 2023 were Coahuila de Zaragoza (US$12.7M), Baja California (US$10M), Querétaro (US$6.17M), Ciudad de México (US$5.58M), and Yucatán (US$4.96M).
In 2023, the main commercial destinations of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were United States (US$15.3M), Guatemala (US$562k), Dominican Republic (US$527k), South Korea (US$116k), and Honduras (US$76.2k).
The main commercial origins of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail in 2023 were United States (US$24.1M), China (US$10.1M), Canada (US$8.67M), South Korea (US$4.65M), and United Kingdom (US$3.76M).
In the global context, the main exporting countries of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail in 2022 were China (US$405M), Germany (US$147M), and United States (US$110M). In the same year, the main importing countries of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were Mexico (US$97.8M), Germany (US$86.6M), and Vietnam (US$67.9M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$79.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail in Mexico (including international purchases and sales) was US$79.4M.
The visualizations show the net balance of Sewing Threads of Synthetic Filament Yarn, Incl. Packings 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
#permalink to sectionJuly, 2024
- US$5.99M, International Purchases
- US$1.59M, International Sales
In July 2024, international sales of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were US$1.59M, while international purchases reached US$5.99M. The above results in a trade balance of -US$4.4M.
Market Concentration
#permalink to section2024-Q3: US$1.08M, International Sales
The visualization shows the quarterly concentration of international sales of Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail at state level.
In the third quarter of 2024, international sales were US$1.08M, being the states with the most sales Ciudad de México (US$908k), Guanajuato (US$82.4k), and Coahuila de Zaragoza (US$39.6k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCiudad de México: US$10M, State with the Most International Sales (2023)
United States: US$15.3M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were Ciudad de México (US$10M), Tamaulipas (US$4.11M), Baja California (US$901k), Guanajuato (US$557k), and Coahuila de Zaragoza (US$536k).
In 2023, the countries with the most international purchases from Mexico were United States (US$15.3M), Guatemala (US$562k), Dominican Republic (US$527k), South Korea (US$116k), and Honduras (US$76.2k).
International Purchases
#permalink to sectionCoahuila de Zaragoza: US$12.7M, State with the Most International Purchases (2023)
United States: US$24.1M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were Coahuila de Zaragoza (US$12.7M), Baja California (US$10M), Querétaro (US$6.17M), Ciudad de México (US$5.58M), and Yucatán (US$4.96M).
The countries with the most international sales to Mexico in 2023 were United States (US$24.1M), China (US$10.1M), Canada (US$8.67M), South Korea (US$4.65M), and United Kingdom (US$3.76M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Sewing Threads of Synthetic Filament Yarn, Incl. Packings 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.99%, Mexican share in global exports - 2022
- 8.16%, Mexican share in global imports - 2022
The visualizations show the global market for Sewing Threads of Synthetic Filament Yarn, Incl. Packings 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 Threads of Synthetic Filament Yarn, Incl. Packings for Retail were China (US$405M), Germany (US$147M), and United States (US$110M). In the same year, the main importing countries for Sewing Threads of Synthetic Filament Yarn, Incl. Packings for Retail were Mexico (US$97.8M), Germany (US$86.6M), and Vietnam (US$67.9M).