ProceduresGovernment

Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted)

Código 621590 (Harmonized System 2012 by 6 digits)

 2023: US$141k, Total Trade Exchange

2023: US$9.55k, International Sales

  2023: US$131k, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) was US$141k.

In 2023, the states with the most international sales in Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were Ciudad de México (US$277).

The states with the most international purchases in 2023 were Ciudad de México (US$127k).

In 2023, the main commercial destinations of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were Guatemala (US$112), Spain (US$105), and United States (US$60).

The main commercial origins of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) in 2023 were Italy (US$74.9k), China (US$40.9k), Bangladesh (US$4.62k), Turkey (US$2.4k), and India (US$2.28k).

In the global context, the main exporting countries of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) in 2022 were Malaysia (US$34M), China (US$20.7M), and India (US$17.7M). In the same year, the main importing countries of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were India (US$43M), Malaysia (US$17.3M), and United Arab Emirates (US$8.78M).

Trade Balance of Mexico

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Net Trade Balance

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US$141k, Total Trade Exchange (2023)

In 2023, the total trade exchange of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) in Mexico (including international purchases and sales) was US$141k.

The visualizations show the net balance of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) 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$12.2k, International Purchases

In July 2024, international sales of Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were US$0, while international purchases reached US$12.2k. The above results in a trade balance of -US$12.2k.

Exchange by Territory

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International Sales

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Ciudad de México: US$277, State with the Most International Sales (2023)

Guatemala: US$112, Main commercial destination (2023)

In 2023, the states with the highest international sales in Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were Ciudad de México (US$277).

In 2023, the countries with the most international purchases from Mexico were Guatemala (US$112), Spain (US$105), and United States (US$60).

International Purchases

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Ciudad de México: US$127k, State with the Most International Purchases (2023)

Italy: US$74.9k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were Ciudad de México (US$127k).

The countries with the most international sales to Mexico in 2023 were Italy (US$74.9k), China (US$40.9k), Bangladesh (US$4.62k), Turkey (US$2.4k), and India (US$2.28k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted). 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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  • 0.014%, Mexican share in global exports - 2022
  • 0.3%, Mexican share in global imports - 2022

The visualizations show the global market for Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted). 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 Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were Malaysia (US$34M), China (US$20.7M), and India (US$17.7M). In the same year, the main importing countries for Simil Ties and Ties. Textile (Excl. of Silk or Silk Waste of Man-Made Fibers and Knitted or Crocheted) were India (US$43M), Malaysia (US$17.3M), and United Arab Emirates (US$8.78M).