Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery
Code 58 (Harmonized System 2012 by 2 digits)
2023: US$476M, Total Trade Exchange
2023: US$129M, International Sales
2023: US$347M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery was US$476M.
In 2023, the states with the most international sales in Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were Chihuahua (US$39M), Aguascalientes (US$27.4M), Estado de México (US$15.6M), Sonora (US$10.6M), and Ciudad de México (US$7.53M).
The states with the most international purchases in 2023 were Baja California (US$51.3M), Tamaulipas (US$44.8M), Coahuila de Zaragoza (US$43.9M), Ciudad de México (US$34.3M), and Chihuahua (US$34M).
In 2023, the main commercial destinations of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were United States (US$116M), Nicaragua (US$3.55M), Canada (US$1.47M), El Salvador (US$980k), and Guatemala (US$692k).
The main commercial origins of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery in 2023 were United States (US$125M), China (US$77.5M), Canada (US$68M), Taiwan (Republic of China) (US$12.1M), and Germany (US$11.9M).
In the global context, the main exporting countries of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery in 2022 were China (US$5.17B), Taiwan (Republic of China) (US$589M), and Italy (US$560M). In the same year, the main importing countries of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were United States (US$997M), Vietnam (US$925M), and Bangladesh (US$588M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$476M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery in Mexico (including international purchases and sales) was US$476M.
The visualizations show the net balance of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery 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$13.3M, International Sales
- US$37.2M, International Purchases
In July 2024, international sales of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were US$13.3M and a total of US$37.2M in international purchases. For this month the net trade balance of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery it was of -US$23.9M.
Market Concentration
#permalink to section2024-Q3: US$13.2M, International Sales
The visualization shows the quarterly concentration of international sales of Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery at state level.
In the third quarter of 2024, international sales were US$13.2M, being the states with the most sales Chihuahua (US$5.09M), Aguascalientes (US$2.27M), and Estado de México (US$1.3M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionChihuahua: US$39M, State with the Most International Sales (2023)
United States: US$116M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were Chihuahua (US$39M), Aguascalientes (US$27.4M), Estado de México (US$15.6M), Sonora (US$10.6M), and Ciudad de México (US$7.53M).
In 2023, the countries with the most international purchases from Mexico were United States (US$116M), Nicaragua (US$3.55M), Canada (US$1.47M), El Salvador (US$980k), and Guatemala (US$692k).
International Purchases
#permalink to sectionBaja California: US$51.3M, State with the Most International Purchases (2023)
United States: US$125M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were Baja California (US$51.3M), Tamaulipas (US$44.8M), Coahuila de Zaragoza (US$43.9M), Ciudad de México (US$34.3M), and Chihuahua (US$34M).
The countries with the most international sales to Mexico in 2023 were United States (US$125M), China (US$77.5M), Canada (US$68M), Taiwan (Republic of China) (US$12.1M), and Germany (US$11.9M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery. 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- 0.67%, Mexican share in global exports - 2022
- 3.14%, Mexican share in global imports - 2022
The visualizations show the global market for Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery. 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 Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were China (US$5.17B), Taiwan (Republic of China) (US$589M), and Italy (US$560M). In the same year, the main importing countries for Special Tissues; Textile Surfaces Tufted; Lace; Upholstery; Trimmings; Embroidery were United States (US$997M), Vietnam (US$925M), and Bangladesh (US$588M).