Skins (Other than Furskins) and Leather
Code 41 (Harmonized System 2012 by 2 digits)
2023: US$904M, Total Trade Exchange
2023: US$240M, International Sales
2023: US$664M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Skins (Other than Furskins) and Leather was US$904M.
In 2023, the states with the most international sales in Skins (Other than Furskins) and Leather were Guanajuato (US$160M), Coahuila de Zaragoza (US$7.15M), Nuevo León (US$3.89M), Chihuahua (US$3.21M), and Baja California (US$916k).
The states with the most international purchases in 2023 were Guanajuato (US$288M), Chihuahua (US$150M), Coahuila de Zaragoza (US$70.4M), Tamaulipas (US$48.3M), and Nuevo León (US$30.5M).
In 2023, the main commercial destinations of Skins (Other than Furskins) and Leather were United States (US$51.8M), China (US$39.6M), Vietnam (US$20.4M), Croatia (US$13.8M), and Hungary (US$9.77M).
The main commercial origins of Skins (Other than Furskins) and Leather in 2023 were United States (US$203M), Brazil (US$201M), Italy (US$88.8M), Uruguay (US$23.2M), and United Kingdom (US$23.1M).
In the global context, the main exporting countries of Skins (Other than Furskins) and Leather in 2022 were Italy (US$3.54B), United States (US$1.88B), and Brazil (US$1.23B). In the same year, the main importing countries of Skins (Other than Furskins) and Leather were China (US$2.98B), Italy (US$2.43B), and Vietnam (US$1.65B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$904M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Skins (Other than Furskins) and Leather in Mexico (including international purchases and sales) was US$904M.
The visualizations show the net balance of Skins (Other than Furskins) and Leather 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$15.3M, International Sales
- US$55.2M, International Purchases
In July 2024, international sales of Skins (Other than Furskins) and Leather were US$15.3M and a total of US$55.2M in international purchases. For this month the net trade balance of Skins (Other than Furskins) and Leather it was of -US$39.9M.
Market Concentration
#permalink to section2024-Q3: US$10.7M, International Sales
The visualization shows the quarterly concentration of international sales of Skins (Other than Furskins) and Leather at state level.
In the third quarter of 2024, international sales were US$10.7M, being the states with the most sales Guanajuato (US$10.4M), Chihuahua (US$251k), and Tamaulipas (US$28.9k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionGuanajuato: US$160M, State with the Most International Sales (2023)
United States: US$51.8M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Skins (Other than Furskins) and Leather were Guanajuato (US$160M), Coahuila de Zaragoza (US$7.15M), Nuevo León (US$3.89M), Chihuahua (US$3.21M), and Baja California (US$916k).
In 2023, the countries with the most international purchases from Mexico were United States (US$51.8M), China (US$39.6M), Vietnam (US$20.4M), Croatia (US$13.8M), and Hungary (US$9.77M).
International Purchases
#permalink to sectionGuanajuato: US$288M, State with the Most International Purchases (2023)
United States: US$203M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Skins (Other than Furskins) and Leather were Guanajuato (US$288M), Chihuahua (US$150M), Coahuila de Zaragoza (US$70.4M), Tamaulipas (US$48.3M), and Nuevo León (US$30.5M).
The countries with the most international sales to Mexico in 2023 were United States (US$203M), Brazil (US$201M), Italy (US$88.8M), Uruguay (US$23.2M), and United Kingdom (US$23.1M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Skins (Other than Furskins) and Leather and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Skins (Other than Furskins) and Leather. 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- 1.44%, Mexican share in global exports - 2022
- 3.02%, Mexican share in global imports - 2022
The visualizations show the global market for Skins (Other than Furskins) and Leather. 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 Skins (Other than Furskins) and Leather were Italy (US$3.54B), United States (US$1.88B), and Brazil (US$1.23B). In the same year, the main importing countries for Skins (Other than Furskins) and Leather were China (US$2.98B), Italy (US$2.43B), and Vietnam (US$1.65B).