ProceduresGovernment

Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire)

Código 940429 (Harmonized System 2012 by 6 digits)

 2023: US$246M, Total Trade Exchange

2023: US$228M, International Sales

  2023: US$18.2M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) was US$246M.

In 2023, the states with the most international sales in Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were Nuevo León (US$102M), Jalisco (US$73.8M), Coahuila de Zaragoza (US$18.8M), Chihuahua (US$17.9M), and Baja California (US$7.66M).

The states with the most international purchases in 2023 were Nuevo León (US$8.49M), Baja California (US$3.95M), Ciudad de México (US$1.8M), Jalisco (US$1.66M), and Estado de México (US$794k).

In 2023, the main commercial destinations of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were United States (US$218M), Canada (US$2.75M), Panama (US$857k), Spain (US$492k), and Guatemala (US$372k).

The main commercial origins of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) in 2023 were China (US$9.05M), United States (US$7.83M), Germany (US$972k), Canada (US$67k), and Italy (US$65.8k).

In the global context, the main exporting countries of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) in 2022 were China (US$597M), Poland (US$415M), and Turkey (US$173M). In the same year, the main importing countries of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were United States (US$451M), Germany (US$264M), and Japan (US$215M).

Trade Balance of Mexico

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Net Trade Balance

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US$246M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) in Mexico (including international purchases and sales) was US$246M.

The visualizations show the net balance of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) 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$1.52M, International Purchases
  • US$6.48M, International Sales

In July 2024, international sales of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were US$6.48M, while international purchases reached US$1.52M. The above results in a trade balance of US$4.97M.

Market Concentration

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2024-Q3: US$4.44M, International Sales

The visualization shows the quarterly concentration of international sales of Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) at state level.

In the third quarter of 2024, international sales were US$4.44M, being the states with the most sales Jalisco (US$2.65M), Baja California (US$860k), and Estado de México (US$518k).

Exchange by Territory

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International Sales

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Nuevo León: US$102M, State with the Most International Sales (2023)

United States: US$218M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were Nuevo León (US$102M), Jalisco (US$73.8M), Coahuila de Zaragoza (US$18.8M), Chihuahua (US$17.9M), and Baja California (US$7.66M).

In 2023, the countries with the most international purchases from Mexico were United States (US$218M), Canada (US$2.75M), Panama (US$857k), Spain (US$492k), and Guatemala (US$372k).

International Purchases

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Nuevo León: US$8.49M, State with the Most International Purchases (2023)

China: US$9.05M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were Nuevo León (US$8.49M), Baja California (US$3.95M), Ciudad de México (US$1.8M), Jalisco (US$1.66M), and Estado de México (US$794k).

The countries with the most international sales to Mexico in 2023 were China (US$9.05M), United States (US$7.83M), Germany (US$972k), Canada (US$67k), and Italy (US$65.8k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire). 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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  • 4.44%, Mexican share in global exports - 2022
  • 0.25%, Mexican share in global imports - 2022

The visualizations show the global market for Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire). 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 Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were China (US$597M), Poland (US$415M), and Turkey (US$173M). In the same year, the main importing countries for Spring Mattresses "Springs" Stuffed or Fitted with any Materials (Excl. of Cellular Rubber or Plastics, as well as Waterbeds, Mattresses, Pillows and Cushions Tire) were United States (US$451M), Germany (US$264M), and Japan (US$215M).